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31st december,2013 daily oryza news by riceplus magazine
1. 31st December , 2013
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3. TOP Contents - Tailored for YOU
Latest News Headlines…
Thailand Exports 5.9 Million Tons of Rice in January – November 2013
India Wholesale Rice Prices Decline in December 2013
Vietnam Rice Sellers Lower Some of Their Quotes; Pakistan Rice Sellers Increase Most of Their
Quotes
Indonesia Claims Rice Surplus of 5.4 Million Tons in 2013
Agriculture Land Shrinking in China; World Bank Provides Loans to Reduce Soil Pollution
Vietnam Exports 6.45 Million Tons of Rice in January 1 - December 26, 2013
India Exports Rice Worth $3.89 Billion in April – September 2013
Oryza Global Rice Quotes
NEWS DETAILS:
Thailand Exports 5.9 Million Tons of Rice in January – November 2013
Dec 30, 2013
Thailand has
exported
around
5.9
million tons of
rice in January
–
November
2013,
down
about
5.4%
compared
to
the same period
in
2012,
according
to
the Thai Rice
Exporters
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4. Association (TREA). In terms of value, rice exports have earned around 120.8 billion baht (around $3.9 billion),
down about 9% compared to the same period last year.The TREA told local sources that major buyers of Thai
rice in 2013 include Benin, Iraq, South Africa, the U.S., and the Ivory Coast. Thailand’s total rice exports in
2013 are expected to reach around 6.5-6.6 million tons, down about 7% from 2012, TREA says.
Meanwhile, the Thai government has received around 8.7 million tons of paddy rice (5.8 million tons, basis
milled), including around 5 million tons of white paddy rice (about 3.3 million tons, basis milled), 3.3 million
tons of fragrant rice paddy (about 1.3 million tons, basis milled), and 400,000 tons of glutinous paddy rice
(around 300,000 million tons, basis milled).
Tags: Thailand rice exports, Thai Rice Exporters Association
India Wholesale Rice Prices Decline in December 2013
Dec 30, 2013
Arrival of rice from the ongoing harvest of the main crop into the market helped average wholesale rice prices
in India decline to around Rs.2,862 per quintal in December, 2013, down about 2% from around Rs. 2,924 per
quintal in November 2013, according to official sources. However, average wholesale rice prices in December
2013 are still about 11% higher than around Rs.2,587 per quintal recorded a year earlier in December 2012.In
terms of USD per ton, average wholesale rice prices in India stand at about $463 per ton (using current
exchange rates) in December 2013, down about 2% from around $472 per ton (using historical exchange rates)
in November 2013, and down about 1.5% from around $470 per ton (using historical exchange rates) seen in
December 2012.
Tags: India rice prices
Vietnam Rice Sellers Lower Some of Their Quotes; Pakistan Rice Sellers Increase
Most of Their Quotes
Dec 30, 2013
Vietnam rice sellers lowered their quotes for Jasmine rice by about $5 per ton to about $605 - $615 per ton
today. Pakistan rice sellers increased their quotes for 5% broken rice, 100% broken rice and parboiled rice by
about $5 per ton each to about $385 - $395 per ton, $320 - $330 per ton and $420 - $430 per ton respectively.
India rice sellers kept their quotes mostly unchanged. Thailand rice sellers are out today due to holiday.
5% Broken Rice
Thai 5% rice (of new crop) was last quoted around $420 - $430 per ton, about a $15 per ton premium over Viet
5% rice shown around $405 - $415 per ton. Thai 5% rice of the old crop was last shown around $370 - $380 per
ton.
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5. Indian 5% rice is quoted around $405 - $415 per ton, about a $20 per ton premium over Pak 5% rice quoted
around $385 - $395 per ton, up about $5 per ton from Friday.
25% Broken Rice
Thai 25% rice (of new crop) was last quoted about $375 - $385 per ton, about a $5 per ton discount to Viet 25%
rice shown around $380 - $390 per ton. Thai 25% rice of the old crop was last shown around $345 - $355 per
ton.
Indian 25% rice is quoted about $370 - $380 per ton, about a $30 per ton premium over Pak 25% rice quoted
around $340 - $350 per ton.
Parboiled Rice
Thai parboiled rice of the old crop was last quoted around $440 - $450 per ton.
Indian parboiled rice is quoted around $390 - $400 per ton, about a $30 per ton discount to Pak parboiled rice
quoted around $420 - $430 per ton, up about $5 per ton from Friday.
100% Broken Rice
Thai broken rice, A1 Super, of the old crop was last quoted around $295 - $305 per ton and about a $65 per ton
discount to Viet broken rice shown around $360 - $370 per ton.
Indian broken sortexed rice is quoted about $290 - $300 per ton, about a $30 per ton discount to Pak broken
sortexed rice quoted around $320 - $330 per ton, up about $5 per ton from Friday.
Tags: Asia rice quotes, Pakistan rice quotes, Thailand rice quotes, Vietnam rice quotes, India rice quotes
Indonesia Claims Rice Surplus of 5.4 Million Tons in 2013
Dec 30, 2013
The Agriculture Ministry says that Indonesia’s 2013 rice production is estimated to reach around 39.8 million
tons against a consumption of around 34.4 million tons, suggesting a surplus of around 5.4 million tons of rice
in 2013, according to state media.The surplus rice is about double the 2.7 million tons of rice required as buffer
stocks by the government by the end of 2013. According to the Agriculture minister, rice production in 2014 is
expected to grow by around 8% to about 43 million tons, which is expected to keep Indonesia self-sufficient in
rice in 2014.However, according to the USDA, 2013 rice production in Indonesia is projected at around 36.55
million tons against a consumption of around 39.5 million tons and imports of around one million tons. The
USDA estimates Indonesia’s rice import requirements to grow to around 1.5 million tons in 2014.
Tags: Indonesia rice production, Indonesia rice imports
Agriculture Land Shrinking in China; World Bank Provides Loans to Reduce Soil
Pollution
Dec 30, 2013
Growing population, industrialization and rapid economic growth are putting unprecedented pressure on
China’s agriculture resources, and have become a threat to food security in the country and the world.According
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6. to China’s national land survey figures released recently, total arable land in the country stood at around 135.4
million hectares at the end of 2012. This is still about 15.4 million hectares above the “red line” of a minimum
120 million hectares earmarked to ensure food security in China. However, pollution of land and water are
eroding agriculture land in China. Coupled with increasing population, China’s per capita arable area now
stands at around 0.1 hectare, almost half of the global average of around 0.2 hectare.According to government
officials in China, it was found from the survey that about 3 million hectares of land is now unsuitable for rice
cultivation due to heavy contamination by poisonous heavy metals in soil and water.
Officials say that per capita arable area in China continues to decline due to a growing population and rapid
urbanization.The Chinese government has banned cultivation of rice in polluted land, and is planning to spend
billions of yuan to reduce pollution levels in soil and water by 2015. Government efforts are likely to get a
boost by the World Bank’s approval of four loans totaling $520 million to China last week. The loans are meant
to support developmental goals in China, mainly in the control of agricultural pollution and climate-resilient
sustainable agriculture.China is the world’s largest rice producer, but the country became the world’s largest
rice importer in the last few years mainly due to high production costs. Sources say that rice yield in China is
reaching its peak and it is difficult to see China’s rice production increase in coming years. However, China’s
increasing dependency on food grains and rice may jeopardize food security in some African rice importers.
Read related Oryza story:
Excessive Cadmium Detected in Rice in Southern China Restaurants
Tags: China rice production
Vietnam Exports 6.45 Million Tons of Rice in January 1 - December 26, 2013
Dec 30, 2013
Vietnam has exported about 6.45 million tons
of rice during January 1 - December 26, 2013,
down about 15% from about 7.59 million tons
of rice exported in the full year 2012, according
to the Vietnam Food Association (VFA).
Average export price so far this year stands at
about $432 per ton (FOB), down about 5% from
an average export price of about $456 per ton
(FOB) recorded in 2012.During December 126, 2013, Vietnam exported about 303,206 tons
of rice, down about 34% from about 461,648
tons of rice exported in December 2012, and
down about 26% from about 410,423 tons rice
exported in November 2013. Average export
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7. price during so far this month stands at about $457 per ton (FOB), down slightly from around $458 per ton in
December 2012, but up about 3% from around $443 per ton in November 2013.Meanwhile, domestic paddy
prices in the Mekong Delta for common stock stand at around VND 5,550 - 5,650 per kilogram (about $257 $262 per ton, using current exchange rates). Vietnamese 5% broken domestic rice prices stand at around VND
7,400 - 7,500 per kilogram (about $343 - $348 per ton, using current exchange rates), while Vietnamese 25%
broken rice prices stand at around VND 7,200 - 7,300 per kilogram (about $334 - $338 per ton, using current
exchange rates).
Tags: Vietnam rice exports, Vietnam Food Association (VFA)
India Exports Rice Worth $3.89 Billion in April – September 2013
Dec 30, 2013
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8. India has exported rice worth around $3.89 billion in the first six months of the fiscal year 2013-14 (April –
March), which is about 63% of total rice exports worth $6.21 billion in the full FY 2012-13, according to
official sources.India’s rice exports to Iran have increased significantly in FY 2013-14. During April –
September 2013, India exported rice worth around $1.09 billion to Iran, which is already about 90% of total rice
exports worth around $1.21 billion in the full fiscal year 2012-13. Other major rice export destinations in April September 2013 include Saudi Arab (about $504.8 million), Iraq (about $180.76 million), UAE (about $139.96
million), Yemen (about $101.77 million), and Senegal (about $102.02 million).Notably, India’s rice exports
have declined sharply to Nigeria this year, mainly due to high import tariffs by Nigeria.
India exported rice worth a mere $13.6 million to Nigeria during April – September 2013, which is down about
96% from rice worth around $339.4 million exported in full fiscal year 2012-13.However, India’s rice exports
to Benin and Cameroon (both neighbors of Nigeria) have increased significantly in FY 2013-14. India has
exported rice worth around $372.8 million to Benin in April - September 2013, which is already up about 55%
from rice exports worth around $240.93 million in full fiscal year 2012-13. To Cameroon, India has exported
rice worth around $62.55 million during April – September 2013, which is about 82% of rice exports worth
around $76.5 million in full fiscal year 2012-13.
Tags: India rice exports
Oryza Global Rice Quotes
December 30th, 2013
Long grain white rice - high quality
Thailand 100% B grade
430-440
Vietnam 5% broken 405-415
↔
India 5% broken
405-415
↔
Pakistan 5% broken 385-395
↑
Cambodia 5% broken 460-470
↔
U.S. 4% broken
590-600
↔
Uruguay 5% broken 625-635
↔
Argentina 5% broken 625-635
↔
Long grain white rice - low quality
Thailand 25% broken 375-385
↔
Vietnam 25% broken 380-390
↔
Pakistan 25% broken 340-350
↔
Cambodia 25% broken
435-445
India 25% broken
370-380
↔
U.S. 15% broken
570-580
↔
Long grain parboiled rice
Thailand parboiled 100% stxd
↔
↔
440-450
↔
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9. Pakistan parboiled 5% broken stxd 420-430
India parboiled 5% broken stxd
390-400
U.S. parboiled 4% broken
660-670
↔
Brazil parboiled 5% broken 590-600
↔
Uruguay parboiled 5% broken
NQ ↔
Long grain fragrant rice
Thailand Hommali 92%
965-975
Vietnam Jasmine
605-615
↓
India basmati 2% broken
1515 -1525
Pakistan basmati 2% broken NQ ↔
Cambodia Phka Malis 910-920
↔
Brokens
Thailand A1 Super
295-305
↔
Vietnam 100% broken
360-370
Pakistan 100% broken stxd 320-330
Cambodia A1 Super 375-385
↔
India 100% Broken stxd
290-300
Egypt medium grain brokens NQ ↔
U.S. pet food 395-405
↔
Brazil half grain
345-355
↔
Medium grain milled
U.S. Calrose 4% broken
620-630
Egypt medium grain 6%
NQ ↔
↑
↔
↔
↔
↔
↑
↔
↔
All prices USD per ton, FOB vessel, oryza.com
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Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com
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