Documentos de Académico
Documentos de Profesional
Documentos de Cultura
December 14 ,2015
Vol 5,Issue XII
www.ricepluss.com
www.riceplusmagazine.blogspot.com
The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes,
ended the week at about $391 per ton, unchanged from a week ago, down about $3 per ton from
a month ago and down about $45 per ton from a year ago.
Thailand
Thailand 5% broken rice is today shown at about $350 per ton, down about $5 per ton each from
a week and a month ago, and down about $55 per ton from a year ago.
The USDA Post forecasts sluggish Thai rice exports until the first quarter of 2016, despite an
improvement in exports in October 2015, when Thailand exported about 1.2 million tons.
Wholesale basmati rice prices in India's capital, have increased today due to restricted supplies
from rice producers and higher demand from traders, according to the Press Trust of India
(PTI).Prices of Pusa 1121 declined to around Rs.4,600 - 5,400 per quintal (around $690 - $810
per ton) from previous quotes of around Rs.4,500 - 5,300 per quintal (around $675 - $795 per
ton).
6
India 5% broken
345-355
U.S. 4% broken
480-490
Vietnam Jasmine
440-450
Brokens
Thailand A1 Super 325-335
India 2015-16 winter rice (November - May) planting area has reached around 0.1094 million
tons, down about 15% from around 0.1285 million tons planted during the same period in 201415,according to a press release by the Ministry of Agriculture.The decline is due to untimely
rains in some of the rice growing regions.In 2014-15, the rabi rice acreage reached around 4
million tons, down about 9% from around 4.488 million tons in 2013-14.
Asian rice sellers have kept their quotes unchanged today from yesterday.
5% Broken Rice
Thailand 5% rice is indicated at around $345 - $355 per ton about $25 per ton discount on
Vietnam 5% rice shown at around $370 - $380 per ton. India 5% rice is indicated at around $345
- $355 per ton, about $15 per ton premium on Pakistan 5% rice shown at around $330 - $340 per
ton.
25% Broken Rice
Thailand 25% rice is indicated at around $335 - $345 per ton, about $20 per ton discount on
Vietnam 25% rice shown at around $355- $365 per ton. India 25% rice is indicated at around
$320 - $330 per ton, about $20 per ton premium on Pakistan 25% rice shown at around $300 $310 per ton.
Parboiled Rice
Thailand parboiled rice is indicated at around $345 - $355 per ton. India parboiled rice is
indicated at around $340 - $350 per ton, about $65 per ton discount to Pakistan parboiled rice
last shown at around $405 - $415 per ton.
100% Broken Rice
Thailand broken rice, A1 Super is indicated at around $325 - $335 per ton, about $5 per ton
discount to Vietnam 100% broken rice shown at around $330 - $340 per ton. India's 100%
broken rice is shown at around $280 - $290 per ton, about $5 per ton discount to Pakistan broken
sortexed rice shown at around $285 - $295 per ton.
The Crop Research Institute of Ghana (CRIG) has developed a new high yielding and drought
resistant rice variety, called AGRA, as part of its efforts to increase crop yields and boost
production, according to local sources."This new variety will help the farmers to increase their
production because of its high yield," said a Municipal Development Officer at the Department
of Agriculture. He added that this variety is particularly resistant to the "rice black" disease.
He also noted that the new variety tastes better than the regular varieties and will help raise the
farmers' standard of living.Ghana imports over a half of its annual rice consumption demand and
the government is planning to increase rice production by about 20% per annum over the next
four years to make Ghana self-sufficient in rice.Ghana produced around 235,000 tons and
imported around 417,000 tons of rice in 2014 to meet a consumption demand of around 750,000
tons, according to sources for the Crop Services Directorate.According to the USDA, Ghanas
rice production is estimated at about 300,000 tons (milled basis) in MY 2015-16 (October September). The U.S. agency expects Ghana to import 550,000 tons of rice in 2015 to meet
consumption needs of around 930,000 tons.
Thai rice exporters are planning to purchase an additional 100,000 tons of Hom Mali rice as part
of joint efforts by the government and the Thai Rice Exporters Association (TREA) to stabilize
prices, according to local sources.Last month, the exporters agreed to purchase the Hom Mali
paddy at a target price of 13,500 baht (around $375) per ton and Hom Mali milled rice at about
26,000 baht (around $723) per ton from December 2015 to February 2016. However, since
prices have fallen sharply to around 24,000 baht (around $667) per ton, they have agreed to buy
the additional rice.
The fall in prices is mainly due to increased supplies from the on-going harvests and relatively
high moisture, according to the exporters.The TREA President noted that the exporters have
decided to spend about 2.4 billion baht (around $67 million) for the purpose. "The move is aimed
to take supply out of the market and raise Hom Mali rice to the target price of 26,000 baht
(around $723) per ton, he said.Export prices of Thai Hom Mali rice also fell to around $720 per
ton compared to around $800 per ton last year. Depreciation of the baht also contributed to a fall
in export prices, said the TREA President.Thailand is expected to produce 6.5-7 million tons of
Hom Mali paddy or 3 million ton of milled rice in the 2015-16 season.
Exclusive News have been shared with written permission of ORYZA.com with thanks