11th April, 2014 Daily Exclusive ORYZA E-Newsletter by Riceplus Magazine

11th April , 2014
TOP Contents - Tailored for YOU Latest News Headlines

East and West Divided Over Benefits, Safety of Red Yeast Rice Vietnam, Pakistan Rice Sellers Lower Some of Their Quotes; Other Asia Rice Quotes Unchanged Today Oryza Rice Currency Analysis for Today Pakistan Rupee Rallies 0.7%; Mexico Peso Plunges 0.6% Oryza Overnight Recap - Chicago Rough Rice Futures Little Changed; Grains Slip Lower Iraq to End Eight-Month Ban on Thailand Rice Imports Thailand Rice Woes May End Soon as Demand Surges India Rice Exporters Oppose Field Trials of GM Rice USDA Estimates U.S. Total Rice Exports to Decline to 4.4 Million Tons in MY 2013-14; Down 9% from Previous Year Venezuelas Contraband Rice Exports to Colombia Reach Record High in 2012-13, Says USDA Post Vietnam Exports Most of its Rice Within Asia in February 2014 Oryza Afternoon Recap - Chicago Rough Rice Futures Recover Yesterday's Losses; Other Grains Continue Slight Decline Global Milled Rice Production May Surpass 500 Million Tons in 2014, FAO Says Italy Rice, Paddy Quotes Trend Sideways Oryza Global Rice Quotes
Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com News and R&D Section mujajhid.riceplus@gmail.com Cell # 92 321 369 2874
News Detail
East and West Divided Over Benefits, Safety of Red Yeast Rice
Apr 10, 2014
Red yeast rice (RYR) is a special processed rice made with the mold Monascus purpureus grown on the cereal. The end result is a bright reddish-purple fermented rice. Despite its appealing hue and popularity in Asian countries like Korea, Japan and China, its a controversial product that has received lots of attention from both the media and the scientific community lately.Red yeast rice contains several compounds known as monacolins, which block the production of cholesterol. EU regulation 432/2012 permits the use of monacolins with a limit of 10 mgs/day. Before the issue of this European guideline, the maximum quantity was fixed at 3 mgs/day in Italy.
In the United States products containing RYR alone or in combination are commercially available, primarily through Internet retailers. As mentioned, there is some controversy surrounding red yeast rice and its supposed health benefits. In 2001, following controversy over whether a preparation containing RYR should be considered a drug or a dietary supplement, the U.S. District Court in Utah stated RYR must be considered an unapproved drug. In Switzerland its use is still controversial, and Switzerland doesn't allow the sale of red yeast rice. A recent publication by Swissmedic and USAV, the Swiss bureau that deals with human and animal food, explains that its sale is not allowed due to the fact that it is not specified as a chemical/medical product or as a food product. It is red yeast rices liminal position between food and medicine that makes it difficult to categorize. Despite the controversy, it remains a popular product in Asia, where the line between food and medicine is not as definitive as it so often is in the Western world. In Asian markets red yeast rice is sold in jars as pasteurized wet aggregate, as whole dried grains, or as ground powder. Chinese medicine uses red yeast rice to lower cholesterol, improve blood circulation, and aid digestion. It was a commonly used red food coloring in East Asian and Chinese cuisine prior to the discovery of chemical food coloring. China is still its most important producer.
Tags: monacolin, Health, cholesterol, China, Switzerland
Vietnam, Pakistan Rice Sellers Lower Some of Their Quotes; Other Asia Rice Quotes Unchanged Today
Apr 10, 2014
Vietnam rice sellers lowered their quotes for 100% broken rice and Jasmine rice by about $5 per ton each to about $325 - $335 per ton and $480 - $490 per ton respectively today.
Pakistan rice sellers lowered their quotes for 5% broken rice and 100% broken rice by about $5 per ton and $10 per ton each to about $400 - $410 per ton and $330- $340 per ton respectively. Thailand and India rice sellers kept their quotes mostly unchanged. 5% Broken Rice Thai 5% rice (of new crop) is quoted around $380 - $390 per ton, on par with Viet 5% rice shown around $380 $390 per ton. Indian 5% rice is quoted around $425 - $435 per ton, about a $25 per ton premium over Pak 5% rice quoted around $400 - $410 per ton, down about $5 per ton from yesterday. 25% Broken Rice Thai 25% rice of the old crop is quoted about $345 - $355 per ton, about a $5 per ton discount to Viet 25% rice shown around $350 - $360 per ton. Indian 25% rice is quoted around $380 - $390 per ton, about a $15 per ton premium over Pak 25% rice quoted around $365 - $375 per ton. Parboiled Rice Thai parboiled rice of the old crop is quoted around $420 - $430 per ton, up about $5 per ton from yesterday. Indian parboiled rice is quoted around $410 - $420 per ton, about $10 per ton discount to Pak parboiled rice last quoted around $420 - $430 per ton. 100% Broken Rice Thai broken rice, A1 Super, of the old crop is quoted around $300 - $310 per ton, about a $25 per ton discount to Viet broken rice shown around $325 - $335 per ton, down about $5 per ton from yesterday. Indian broken sortexed rice is quoted around $305 - $315 per ton, about a $25 per ton discount to Pak broken sortexed rice quoted around $330 - $340 per ton, down about $10 per ton from yesterday.
Tags: Asia rice quotes, Thailand rice quotes, Pakistan rice quotes, Vietnam rice quotes, India rice quotes
Oryza Rice Currency Analysis for Today Pakistan Rupee Rallies 0.7%; Mexico Peso Plunges 0.6%
Apr 10, 2014
U.S. dollar index was down -0.12% from the open today, when it traded at 79.394 at the close. Euro was stronger +0.22% by the close, trading around 1.3886 by end of day, after trading between an intraday high of 1.3898 and low of 1.3834. Thai baht was weaker -0.29%, trading at 32.283 at the close of business. Indian rupee was stronger +0.11% at 60.0700. Brazilian real was weaker -0.57% at the close of trading today, trading at 2.1990 reais per dollar.
Pakistan rupee was +0.69% stronger at 97.2165. Vietnamese dong was unchanged at 21095. Mexican peso was weaker -0.61% today, when it traded at 13.0609 pesos per dollar by the close of business. Chinese yuan was weaker -0.20%, trading at 6.2125. Argentine peso was stronger +0.01% at 8.0007 pesos per dollar
Tags: foreign exchange rates, rice currencies, rice trade, Pakistan rupee, mexico peso
Oryza Overnight Recap - Chicago Rough Rice Futures Little Changed; Grains Slip Lower
Apr 10, 2014
Chicago rough rice futures for May delivery are currently paused 0.5 cents per cwt (about $0.11 per ton) higher overnight at $15.510 per cwt (about $342 per ton) as of 8:00am Chicago time. The other grains are seen mostly lower this morning ahead of floor trading in Chicago: soybeans are currently seen about 0.2% lower, wheat was paused about 0.1% lower, and corn is noted about 0.3% lower. U.S. stock index futures signaled a mildly lower open on Thursday after economic reports had import prices rising in March and jobless claims dipping more than expected last week. Stock-index futures were down 0.1% after the Labor Department reported jobless claims fell by 32,000 to 300,000 in the week ending April 5, dropping to a near seven-year low and below the 320,000 estimated by economists polled by Reuters. A separate report showed U.S. import prices climbing 0.6%, versus expectations of a 0.2% rise. On Wednesday, stocks rallied after the publication of dovish minutes from the latest Federal Reserve meeting. The minutes from the Fed's meeting on March 18-19 revealed that its committee was unanimous in hope to keep interest rates low for the foreseeable future, which quashed fears of a sooner-than-expected rate hike. Gains in Asia were pared by weak Chinese data. Exports slumped 6.6% in March, well below estimates for a 4% gain. Imports fell an annualized 11.3%, versus forecasts for a 2.4% rise. U.S. stock index futures are currently trading about 0.1% lower, gold is currently trading about 1.1% higher, crude oil is seen trading about 0.3% lower, and the U.S. dollar is currently trading marginally higher at 8:00am Chicago time.
Tags: U.S. rice prices; U.S. rice market; Chicago rough rice futures
Iraq to End Eight-Month Ban on Thailand Rice Imports

Apr 10, 2014
Iraq will soon resume rice imports from Thailand and end its ban on Thai rice after eight months, the DirectorGeneral of Thailand's Foreign Trade Department told local sources.The Director General says that Iraqi
authorities have agreed to purchase rice from Thailand exporters after a government delegation from Bangkok successfully convinced them of the quality of the Thai rice. In our recent visit to Iraq, the Thai mission brought sample rice and cooked for involved authorities to show how good the quality of Thai rice really is, he says.The Thai government has invited Iraqi officials to visit Bangkok this month for further discussions and is awaiting a confirmation. The Director General adds that Iraq is also interested in entering into a government-to-government (G-2-G) deal with Thailand to buy rice directly. Iraq last bought rice under a G-2-G three years ago, according to the Director General.Iraq banned rice imports from Thailand in August 2013 after finding differences in both the quality and weight of rice sent to Iraq by some Thai private exporters. The lifting of the ban by Iraq is good news to the Thailand government which is struggling to sell its rice stockpiles of about 10 million tons to raise funds to make payments to farmers under the rice pledging scheme. Iraq used to be one of the biggest importers of Thai rice and most of the imported rice is reserved for a national food rationing program. The Middle East nation usually issues tenders for 200,000 to 300,000 tons of rice every month. According to the Thai Rice Exporters Association (TREA), Thailand exported 844,991 tons of rice to Iraq in 2012, up about 35% from 627,300 tons in 2011. In 2013, Iraq was the second largest importer of Thai rice until the ban, accounting for around 638,430 tons of Thailand rice exports.USDA expects Iraq to import about 1.35 million tons of rice in MY 2013-14, down about 4% from about 1.41 million tons imported in MY 2012-13.
Tags: Thailand rice exports, Iraq rice imports, Thai Rice Exporters Association (TREA), Thailand rice import ban, Thailand rice pledging scheme
Thailand Rice Woes May End Soon as Demand Surges

Apr 10, 2014
Thailand governments problems due to the rice pledging scheme are likely to end soon as demand for Thai rice has been increasing since the beginning of this year.Thailand has exported around 2.11 million tons of rice between January 1 and April 4, 2014, up about 29% from around 1.64 million tons of rice exported during the same period last year. The government still has about 10 million tons of rice stocks and is keen to sell the rice quickly due to quality concerns and the obligation to return about 20 billion baht (around $619 million) to the Finance Ministry by May 31, 2014.However, the government says that exports are likely to surge due to growing demand. Several countries, including the U.S, China and Malaysia, have shown interest in signing G-2G deals with Thailand, according to the Foreign Trade Department. The U.S. is planning to purchase about one million tons of rice from Thailand, and China and Malaysia are planning for a combined 600,000 tons of rice, according to the Department. The Commerce Ministry also stated that China would possibly sign deals to buy an additional one million tons of rice from Thailand after the inspection of some warehouses in Thailand.China, Malaysia and the U.S. are traditional markets for Thai rice. According to data from Thai Rice Exporters Association (TREA) the U.S. imported about 382,000 tons of rice in 2013 and about 35,060 tons of rice from Thailand in January 2014. China imported about 277,547 tons of rice in 2013, and about 35,495 tons of rice in January 2014. Malaysia imported 155,230 tons of rice in 2013 and about 9,439 tons of rice in January 2014 from Thailand.
The Foreign Trade Department also says that Iraq will soon resume rice imports from Thailand after a delegation convinced Iraqi officials of the quality of Thai rice. Iraq has already allowed Thailand to participate in a tender to purchase about 30,000 tons of rice. The government is also hopeful of winning the tender to supply 800,000 tons of rice to Philippines.Meanwhile, the Commerce Ministry said that about eight traders participated in the auction for about 169,000 tons of rice yesterday at Suphanburi Province and about 15 joined bidding through the Agricultural Futures Exchange of Thailand (AFET) for about 400,000 tons of rice today. The government has sold more than one million tons of rice in March 2014 and is planning to sell around one million tons to raise about 8 billion baht (around $247 million) every month in 2014.
Tags: Thailand rice exports, China rice imports, U.S. rice imports, Malaysia Rice Imports, Philippines rice imports, Agricultural Futures Exchange of Thailand (AFET), Iraq rice imports
India Rice Exporters Oppose Field Trials of GM Rice

Apr 10, 2014
Indian rice exporters are opposing large-scale field trials of genetically-modified (GM) crops, and say that GM rice could go against the interest of the Indian rice industry, particularly exports, according to local sources.The President of All India Rice Exporters Association (AIREA) told local sources that unless there are conclusive reports based on extensive testing in controlled environments, it would be against the interest of the rice industry to support trials of GM crops. He says that rice growers were adopting GMO varieties purely for the higher yield and pest resistance ignoring the undesirable effects on consumers and the environment.In February this year, the Genetic Engineering Approval committee (GEAC) approved 'confined field trials' for ten agricultural crops including rice in India. However, companies willing to conduct GM field trials still have to obtain no-objection certificates from the concerned state governments. The Deputy Director of Indian Agricultural Research Institute (IARI) says the GEAC approves trials only for restricted cultivation under strict supervision and large-scale trials of GM rice would take place only after scientific validation.India exported more than 3.9 million tons of basmati rice and 6 million tons of non-basmati rice in FY 2013-14 (April - March), according to the AIREA estimates. In the last two fiscal years, India exported about 10 million tons of rice annually, according to the AIREA. The USDA expects India to export around 10 million tons of rice in MY 2013-14, down about 8% from about 10.87 tons exported in MY 2012-13.
Tags: Genetically-modified (GM) rice, India rice exports, All India Rice Exporters Association (AIREA), Genetic Engineering Approval committee (GEAC)
USDA Estimates U.S. Total Rice Exports to Decline to 4.4 Million Tons in MY 201314; Down 9% from Previous Year
The USDA says that rice exports by the U.S. are likely to decline to about 4.4 million tons in MY 2013-14 (August 2013) - July 2014), down about 9% from about 4.86 million tons in MY 2012-13 due to slower export pace to some markets.According to the U.S. Bureau of the Census import data, the U.S. exported about 1.9 million tons of rice in the first eight months (August - March) of 2013-14, down about 13% from about 2.18 million tons during the same period in 2012-13.In its latest World Agricultural Supply and Demand Estimates (WASDE) report, the USDA says that the U.S. rough rice exports are likely to decline to about 1.5 million tons in MY 2013-14, down about 3% from about 1.55 million tons in MY 2012-13, while milled (rough equivalent) rice exports are expected to decline to about 3 million tons, down about 9% from about 3.3 million tons in MY 2012-13. Long-grain exports are expected to decline to about 3 million tons in MY 2013-14, down about 13% from about 3.45 million tons in MY 2012-13. However, the USDA estimates for the U.S. combined medium- and short-grain exports stand at about 1.45 million tons, which is about 3% more than about 1.41 million tons exported in MY 2012-13.The USDA estimates the total rice use (which includes domestic, residual use and exports) in MY 2013-14 at about 10 million tons, down about 2% from about 10.22 million tons in MY 2012-13. The USDA estimates the total rice domestic and residual use in MY 2013-14 to increase to about 5.62 million tons, up about 5% from about 5.36 million tons in MY 2012-13. It estimates domestic and residual use of the U.S. long-grain to about 4.13 million tons this year, up about 2% from about 4.05 million tons in the previous year. It also estimates domestic and residual use of the U.S. combined medium- and shortgrain at about 1.5 million tons this year, up about 14% from about 1.32 million tons in the previous year.
The USDA estimates the U.S. total rice stocks to decline to about 1.24 million tons in MY 2013-14, down about 25% from about 1.65 million tons in MY 2012-13. The USDA estimates the combined medium- and short-grain rice stocks to decline to 394,629 tons this year from about 553,388 tons in the previous year. This year's ending stocks for total rice are lowest since 2003-04.The USDA estimates the average season-average price for total rice at $372.58 per ton in MY 2013-14, up about 12% from about $332.89 in MY 2013-14. It estimates the average price for long-grain rice at $343.91 per ton, up about 8% from about $319.67 per ton in MY 2012-13. It estimates the average price for combined medium and short grain rice at $440.91 per ton, up about 15% from about $383.6 in MY 2012-13. Tags: World Agricultural Supply and Demand Estimates (WASDE), USDA, U.S. Rice exports, U.S. rice production, U.S. rice prices, U.S. rice consumption
Venezuelas Contraband Rice Exports to Colombia Reach Record High in 2012-13, Says USDA Post
Apr 10, 2014
The USDA Post says that Venezuelas contraband rice exports to Colombia reached record high levels in the last two years.The Post says that unofficial rice exports by Venezuela to Colombia stood at around 300,000 tons in 2012-13, which is around 78% of total annual rice production in the country. The Post says that price controls and exchange rate disparity are the two main reasons behind high unofficial cross border rice trade with Colombia. Contraband rice exports to Colombia are causing losses to farmers in Colombia as well. Local sources say that Colombia rice farmers are planning to begin protests against influx of contraband rice today. Venezuelas rice production recovered in 2013 after two years of poor harvests, but the increase does not meet growing demand for rice in the country. The Post says that milled rice production in MY 2013-14 (April March) is estimated to remain at 385,000 tons due to poor prices and high input costs. However, rice consumption is estimated to increase to around 680,000 tons in 2013-14, up about 1.5% from the previous year partly helped by government controlled low prices.Low production, high contraband exports and growing demand lead to low stocks and higher imports, says the Post.
Venezuelas rice imports are estimated at around 520,000 tons in MY 2013-14, up about 30% from USDA official estimates of around 400,000 tons. The Post says, Rice imports are significantly higher than previously reported due to new and more reliable information regarding imports from third countries.The Post says that ending rice stocks in Venezuela were reduced below normal average stock levels over the past few years and are expected to be around 102,000 tons in MY 2013-14, down about 43% from USDA official estimates of around 179,000 tons. Current rice stocks will last for just three months, says the Post.
Tags: Venezuela rice exports, Venezuela rice production, Venezuela rice consumption, Venezuela rice stocks, Colombia rice imports, Contraband rice trade
Vietnam Exports Most of its Rice Within Asia in February 2014

Apr 10, 2014
Vietnam exported around 331,439 tons of rice in February 2014, slightly lower than around 331,480 tons exported in January 2014, and down about 4% from around 344,800 tons of rice exported in February 2013, according to data from USDA.Asia accounted for about 300,886 tons or about 91% of total rice exports by Vietnam in February 2014. Rice exports to Asia in February 2014 have increased around 5% from about 286,135 tons in January 2014, and around 16% from 258,175 tons in February 2013.Vietnam exported around 20,970 tons of rice to Africa in February 2014, up about 31% from around 16,022 tons in the previous month, but down about 25% from around 28,166 tons in February 2013.Vietnams rice exports to the Americas declined sharply in February 2014, reaching around 5,188 tons in the month, down about 80% from around 25,148 tons in the previous month, and down about 90%
from around 47,360 tons in February 2013.Vietnam also exported about 3,454 tons to Europe and CIS countries, and about 941 tons to Australia in February 2014, almost similar to the previous months levels.In terms of grade, most of the rice exported by Vietnam in February 2014 comprised 25% broken rice which accounted for about 175,546 tons or about 53% of total rice exports in the month.
Tags: Vietnam Rice Export Destinations, Vietnam rice exports, Vietnam rice exports February 2014
Oryza Afternoon Recap - Chicago Rough Rice Futures Recover Yesterday's Losses; Other Grains Continue Slight Decline
Apr 10, 2014
Chicago rough rice futures for May delivery settled 13 cents per cwt (about $3 per ton) higher at $15.635 per cwt (about $345 per ton). Rough rice futures recovered following yesterdays afternoon selloff which saw prices dip into technically bearish territory below the 20-day moving average. Despite going nowhere overnight the market quickly jumped to a double digit gain upon the open of floor trading in Chicago this morning. Prices were soon trading back above nearby resistance noted at $15.590 per cwt (about $344 per ton) provided by the 100-day moving average, before ultimately coming to a rest just above secondary resistance near $15.625 per cwt (about $344 per ton) provided by the faster moving 10-day moving average. Todays action is seen as a positive development for future price direction as prices managed to more than erase the previous day's losses.
The other grains finished lower today; soybeans closed about 0.9% lower at $14.8225 per bushel; wheat finished about 1% lower at $6.6225 per bushel, and corn finished the day about 0.2% lower at $5.0125 per bushel.U.S. stocks were slammed on Thursday, with biotechnology and technology shares resuming declines that had the Nasdaq Composite on track for its worst sessions of 2014, as investors fled high-flying technology and biotech shares in favor of defensive plays. Positioned for its worst day of the year, the Nasdaq Composite declined 135.48 points, or 3.3%, at 4,048.42. The Dow Jones Industrial Average dived as much as 283 points, and was lately off 264.97 points, or 1.6%, at 16,172.21. The S&P 500 declined 38.96 points, or 2.1%, to 1,833.22, with health care and technology the hardest hit and telecommunications the best performing of its 10 major industry groups. Equities began the day little changed, with upbeat economic data on the U.S. labor market offsetting disappointing export data from China. Gold is trading about 1.1% higher, crude oil is seen trading about 0.3% lower, and the U.S. dollar is seen trading about 0.1% lower at about 2:30pm Chicago time.Wednesday, there were 954 contracts traded, up from 806 contracts traded on Tuesday. Open interest the number of contracts outstanding on Wednesday increased by 244 contracts to 9,009.
Tags: U.S. rice prices; U.S. rice market; Chicago rough rice futures
Global Milled Rice Production May Surpass 500 Million Tons in 2014, FAO Says
Apr 10, 2014
Global milled rice
production could increase to a record 500.7 million tons (about 751 million tons, basis paddy) in 2014, according to the UNs Food and Agriculture Organizations (FAO) first forecast for the year.FAO says that the first estimate for 2014 global rice production is just 0.8% more than the current estimates for 2013, and a third consecutive season of subdued growth. This is due to the possibility of the occurrence of an El Nio in mid-2014 which could have a strong adverse impact on rice yields in Asia.Global rice trade is forecast to increase to around 39.3 million tons in 2014, up about 1 million tons from FAOs forecast in November 2013. Imports are expected to increase in several Asian countries (Bangladesh, China, Indonesia, Malaysia, Nepal, the Philippines and Sri Lanka) due to increasing domestic prices and low stocks. Rice imports by Nigeria, Mali and Tanzania in Africa are expected to increase in 2014 as well. Rice imports by some countries in Latin America (Haiti and Bolivia) and the Caribbean may also increase this year, FAO says. Thailand is expected to supply most of the increased demand for imports this year. However, FAO says that most of the other rice exporters (Argentina, Brazil, Cambodia, China, Egypt, Guyana, Pakistan, Paraguay, the U.S. and Vietnam) are also forecast to export more rice in 2014.India is likely to remain the worlds largest rice exporter in 2014, but exports by India are likely to decline this year to around 9.5 million tons, down about 10% from 2013, mainly due to reduced demand in Iran. Thailand is expected to export around 8.7 million tons in 2014, up about 30% from previous year, while Vietnams rice exports are forecast at around 7.2 milli on tons in 2014, up about 7% from previous year.
Tags: global rice production, Global rice trade, Global rice exports, Global rice imports, India rice exports, Thailand rice exports, Vietnam rice exports, FAO
Italy Rice, Paddy Quotes Trend Sideways

The Italian rice paddy market remains stable with mostly quotes unchanged over the last six weeks. Quotes for Carnaroli, the Long A variety suitable for cooking risotto, have finally started declining from very elevated levels. There
remains a large difference between quotations of domestic and export varieties, although indications of the latter are slightly increasing. Below are farm gate paddy quotes from the Milan grain exchange, as of April 9: Arborio-Volano rice is quoted 710-730 euros (about $983-1,011) per ton, unchanged from a week ago. Balilla paddy is shown 260-280 euros (about $360-387) per ton, unmoved.
Lido and similar paddy varieties are quoted 360-380 euros (about $ 498-526) per ton, unchanged from one week prior. Padano/Argo paddy again has no price indications available due to low availability; more than 95% of it has already been sold. Vialone Nano is firm at 925-960 euros (about $1,281-1,329) per ton, unchanged over the last six weeks. Thai Bonnet and similar varieties are indicated at 250-260 euros (about $346-360) per ton, unchanged from last week. Sant'Andrea is quoted 640-660 euros (about $886-914) per ton, unchanged from last week. Ariete and similar varieties are shown 410-430 euros (about $567-595) per ton, up from 365-385 euros (about $505-533) per ton of one month ago and unchanged compared to a week prior. Baldo is quoted 620-640 euros (about $858-886) per ton, unchanged from a week and month prior. Roma Selenio is shown is 640-670 euros 275-295 (about euros $886-928) (about per ton; unchanged per from ton, last week.
quoted
$380-408)
unchanged.
Carnaroli is quoted 720-740 euros (about $997-1,025) per ton, down 10 euros (about $ 14) per ton from last week.
Tags: italy rice production, italy rice quotes, carnaroli rice, european rice quotes, Rice farming
Oryza Global Rice Quotes

April 10th, 2014 Long grain white rice - high quality Thailand 100% B grade 395-405
Vietnam 5% broken India 5% broken Pakistan 5% broken Cambodia 5% broken U.S. 4% broken Uruguay 5% broken Argentina 5% broken
380-390 425-435 400-410 440-450 580-590 620-630 615-625
Long grain white rice - low quality Thailand 25% broken 345-355 Vietnam 25% broken 350-360 Pakistan 25% broken 365-375 Cambodia 25% broken 410-420 India 25% broken 380-390 U.S. 15% broken 555-565 Long grain parboiled rice Thailand parboiled 100% stxd 420-430 Pakistan parboiled 5% broken stxd 420-430 India parboiled 5% broken stxd 410-420 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% 940-950 Vietnam Jasmine 480-490 India basmati 2% broken 1515 -1525 Pakistan basmati 2% broken NQ Cambodia Phka Malis 855-865 Brokens Thailand A1 Super 300-310 Vietnam 100% broken 325-335 Pakistan 100% broken stxd 330-340 Cambodia A1 Super 355-365 India 100% Broken stxd 305-315 Egypt medium grain brokens NQ U.S. pet food 470-480 Brazil half grain 345-355 Medium grain milled U.S. Calrose 4% broken 1070-1080 Egypt medium grain 6% NQ
All prices USD per ton, FOB vessel, oryza.com

11th April, 2014 Daily Exclusive ORYZA E-Newsletter by Riceplus Magazine

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11th April, 2014 Daily Exclusive ORYZA E-Newsletter by Riceplus Magazine

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11th April , 2014

TOP Contents - Tailored for YOU Latest News Headlines

Iraq to End Eight-Month Ban on Thailand Rice Imports

Thailand Rice Woes May End Soon as Demand Surges

India Rice Exporters Oppose Field Trials of GM Rice

Vietnam Exports Most of its Rice Within Asia in February 2014

Global milled rice

Italy Rice, Paddy Quotes Trend Sideways

Oryza Global Rice Quotes

380-390 425-435 400-410 440-450 580-590 620-630 615-625

All prices USD per ton, FOB vessel, oryza.com

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