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29th April , 2014

Chinese COLOR SORTER as low as Pak Rs 22 Lakh Only A Time Limited Offer Contact: Cell: 0300 414 3493

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


TOP Contents - Tailored for YOU Latest News Headlines…        

Thailand Rice Sellers Lower Most Export Quotes; Vietnam Rice Sellers Increase Some Quotes Today Cambodia to End Customs Fees for Milled Rice Exports Starting May 1, 2014 USDA Post Estimates Indonesia Rice Imports Will More Than Double from Previous Year to 1.5 Million Tons in MY 2013-14 Thailand Hopes to Regain Reputation with 20,000 Ton Hom Mali Rice Shipment to China FAO forecasts Pakistan 2014 Rice Exports at 3.3 Million Tons, Up 6% from Previous Year Oryza Rice Currency Analysis for Today – Brazil Real Rallies Nearly 1% Oryza U.S. Rough Rice Recap - Extreme Weather Quiets Market; Planting 45% Complete Oryza Global Rice Quotes

News Detail…

Thailand Rice Sellers Lower Most Export Quotes; Vietnam Rice Sellers Increase Some Quotes Today Apr 28, 2014

Thailand rice sellers lowered most of their quotes by about $5 – $10 per ton today. Vietnam rice sellers increased their quotes for Jasmine rice by about $10 per ton to about $505 - $515 per ton. Other Asia rice sellers kept their quotes mostly unchanged. 5% Broken Rice Thai 5% rice (of new crop) is quoted around $370 - $380 per ton, down about $5 per ton from Friday and about $15 per ton discount to Viet 5% rice shown around $385 - $395 per ton. Indian 5% rice is quoted around $415 - $425 per ton, about a $5 per ton premium over Pak 5% rice quoted around $410 - $420 per ton 25% Broken Rice

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


Thai 25% rice of the old crop is quoted about $340 - $350 per ton, down about $5 per ton from Friday and about a $15 per ton discount to Viet 25% rice shown around $355 - $365 per ton. Indian 25% rice is quoted around $370 - $380 per ton, about a $5 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 $410 - $420 per ton, down about $5 per ton from Friday. Indian parboiled rice is quoted around $395 - $405 per ton, about $40 per ton discount to Pak parboiled rice quoted around $435 - $445 per ton. 100% Broken Rice Thai broken rice, A1 Super, of the old crop is quoted around $300 - $310 per ton, down about $5 per ton from Friday and about a $35 per ton discount to Viet broken rice shown around $335 - $345 per ton. Indian broken sortexed rice is quoted around $295 - $305 per ton, about a $30 per ton discount to Pak broken sortexed rice quoted around $325 - $335 per ton. Tags: asian rice quotes

Cambodia to End Customs Fees for Milled Rice Exports Starting May 1, 2014 Apr 28, 2014

Cambodia will end customs fees for milled rice exports with effect from May 1, 2014, in order to reduce production costs and boost Cambodia's competitiveness in the international market, according to local sources.Local sources say Cambodia's Ministry of Economy and Finance has taken the decision to help the country reach one million tons rice exports by 2015. Rice sector experts say the government's decision would help cut production and export costs by at least $15 per shipping container. The move is the latest in the steps being taken by the Cambodian government to streamline export procedures, and to reduce corruption in export formalities, as well as automate export processes, according to local sources. The President of the Federation of Cambodian Rice Exporters (FCRE) said the decision would create an easier scheme for doing business, though the government may lose a small amount of revenue from customs fees. He noted that it will also save a lot of time and money for rice exporters.Cambodia exported 84,330 tons of rice in the first quarter of 2014, down about 11% from about 95,228 tons exported during the same period in 2013. Cambodia exported about 378,856 tons of rice in all of 2013, up about 70% from about 205,717 tons exported in 2012, according to data from the Secretariat One Window Service (SOWS-REF) for rice export. Tags: Cambodia rice exports, customs fees, Cambodia customs fees

USDA Post Estimates Indonesia Rice Imports Will More Than Double from Previous Year to 1.5 Million Tons in MY 2013-14

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Apr 28, 2014

The USDA Post estimates Indonesia will import 1.5 million tons of rice in MY 2013-14 (January 2014 December 2014), more than double the 650,000 tons imported in MY 2012-13, due to expectations that Indonesi a's State Logistic s Compan y BULOG will procure lesser than targeted 3.85 million tons of rice by the end of 2014.As a matter of policy, Indonesi a imports rice only if BULOG fails to maintain prescribed rice stocks by June of any marketing year. In MY 2013-14, BULOG set its procurement target at 3.85 million tons, up about 20% from about 3.2 million tons procured in MY 2012-13. However, as of March 2014 BULOG has procured only 86,000 tons of rice, down by 80% from about 440,000 tons procured during the same period in MY 2012-13. Usually BULOG purchases paddy or rice from farmers when the market price is lower or equal to the official purchasing price (Harga Pembelian Pemerintah - HPP)set by the Indonesian government (GOI). As the GOI has so far not specified the HPP for MY 2013-14, the Post expects BULOG to procure paddy or rice using last year's HPP. BULOG has to maintain a minimum stock of 2 million tons by the end of 2014. The private sector is allowed to import only specialty rice such as jasmine rice, basmati rice, sushi rice, rice for diabetics and rice seed.

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The Post estimates MY 2014-15 imports at one million tons. The Post expects Indonesia's milled rice production at about 37.36 million tons in MY 2013-14, up about 2% from about 36.5 million tons produced in 2012-13, as higher yielding varieties make up for flood damage. The Post reports that Indonesia's state-owned companies producing paddy seeds are planning to increase production of high-yielding certified paddy seed to 205,000 tons in MY 2013-14, up about 23% from about 163,330 tons in MY 2012-13.The Post estimates MY 2014-15 production at 37.7 million tons. Tags: Indonesia rice imports, Indonesia rice production, asia rice trade, high yielding seeds

Thailand Hopes to Regain Reputation with 20,000 Ton Hom Mali Rice Shipment to China Apr 28, 2014

Thailand's Public Warehouse Organization (PWO) has signed a rice deal with a China's government company to supply 20,000 tons of Hom Mali fragrant rice at an average price of 30,000 baht (around $928.4) per ton, according to Thai media sources.The President of the PWO stated that the first lot of Hom Mali Jasmine rice would be shipped to the Chinese company before May 2014 in lots of 5, 15, and 50 kilogram packs.The PWO President noted that the Thai government has been negotiating with China for the last seven months on the rice deal and expressed hope that the deal would bring back the reputation of Thai rice exports in the Chinese market, following a 2013 incident when some Chinese traders adulterated Thai fragrant rice with Vietnam's fragrant rice. They said the mixing was in response to not being able cope with increasing rice prices in Thailand. Many traditional users of Thai fragrant rice in China also reportedly shifted to fragrant rice from Vietnam, which was quoted at almost half the price of the Thai fragrant rice.Rice prices in Thailand increased significantly in 2012 after the government introduced the rice mortgage program in October 2011, under which it promised to pay up to 20,000 baht (about $670) per ton to farmers for fragrant paddy rice, and up to 15,000 baht (about $500) per ton for common paddy.Thai rice exports to China declined by about 47% in 2012 from about 267,846 tons in 2011, as prices advanced considerable under the Thailand rice mortgage scheme. Thailand exported 277,547 tons of rice to China in 2013, up about 94% from 143,082 tons of rice in 2012, as export quotes for 5% broken Thai rice fell from around $550 per ton in 2012 to about $450 per ton in 2013, more in line with neighboring countries. Tags: thailand rice export quotes, Thailand rice exports, Thai rice

FAO forecasts Pakistan 2014 Rice Exports at 3.3 Million Tons, Up 6% from Previous Year Apr 28, 2014

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The UN Food and Agriculture Organization (FAO) estimates Pakistan's 2014 rice exports will increase to about 3.3 million tons, up about 6% from about 3.1 million tons exported in 2013, according to its Global Information and Early Warning System on food and agriculture report (GIEWS).FAO has forecasted Pakistan's paddy rice production will increase to about 9.8 million tons in 2014, up about 2% from about 9.63 million tons produced in 2013 due to increase in total paddy rice area . It forecasts total planted area under rice at 2.8 million hectares in 2014, slightly higher than last year. FAO reports that severe floods for the fourth consecutive year in 2013 damaged all crops, including rice, and affected at least 1.5 million people, particularly in Punjab and Sindh provinces. A powerful earthquake in Pakistan's Balochistan province in September 2013 affected nearly 300,000 people. The above two factors, coupled with cereal production shortfalls in Sindh province, have led to food insecurity in the country. Tags: Pakistan rice exports, Pakistan rice production

Oryza Rice Currency Analysis for Today – Brazil Real Rallies Nearly 1% Apr 28, 2014

U.S. dollar index was down -0.05% from the open today, when it traded at 79.711 at the close. Euro was stronger +0.12% by the close, trading around 1.3851 by end of day, after trading between an intraday high of 1.3879 and low of 1.3815. Thai baht was weaker -0.02%, trading at 32.256 at the close of business. Indian rupee was weaker -0.04% at 60.6475. Brazilian real was stronger +0.95% at the close of trading today, trading at 2.2220 reais per dollar. Pakistan rupee was -0.07% weaker at 98.1292. Vietnamese dong was stronger +0.04% at 21093. Mexican peso was stronger +0.04% today, when it traded at 13.1288 pesos per dollar by the close of business. Chinese yuan was unchanged, trading at 6.2524. Argentine peso was weaker -0.02% at 8.0021 pesos per dollar. Tags: foreign exchange rates, rice currencies, Global rice trade

Oryza U.S. Rough Rice Recap - Extreme Weather Quiets Market; Planting 45% Complete 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


Apr 28, 2014

The U.S. cash market was very quiet today after extreme weather, including several deadly tornadoes, passed through the region over the weekend, bringing down power and telephone lines as well as pounding some areas with multiple inches of rain. Analysts do not expect this to immediately impact rice prices; however, some are now voicing concerns that the continued wet weather and delayed plantings could possibly be detrimental to next year’s field yields.As of today, a few old crop offers could be found as low as $15.55 per cwt fob farm (about $343 per ton) for nearby shipment; however, most farmers are looking to net at least $16.11 per cwt fob farm (about $355 per ton). Old crop bids from larger mills decreased today to around $15.05 per cwt (about $332 per ton) for May delivery while bids for exporters were unchanged near $15.40-$15.65 per cwt (about $340-$345 per ton), for the same delivery period, although there are still reports of smaller mills willing to pay as much as $16.11 per cwt fob farm (about $355 per ton) for prompt shipment. However, no trades were reported.In the meantime, the USDA estimates that as of April 27th, 45% of the US rice crop had been planted which was 3% ahead of this time last year but 11% behind the previous 5-year average. As of now, the USDA estimates that farmers have planted 47% of their rice crop in Arkansas, 8% in California, 87% in Louisiana, 24% in Mississippi, 45% in Missouri, and 79% in Texas.The USDA also estimates that 25% of the US rice crop had emerged which was 2% more than this time last year but 10% less than the previous 5year average. As of now, the USDA estimates that 20% of the rice crop in Arkansas has emerged compared to 0% in California, 71% in Louisiana, 14% in Mississippi, 7% in Missouri, and 66% in Texas. Tags: U.S. rice prices; U.S. rice market

Oryza Global Rice Quotes April 28th, 2014 Long grain white rice - high quality Thailand 100% B grade 385-395 Vietnam 5% broken 385-395 ↔ India 5% broken 415-425 ↔ Pakistan 5% broken 410-420 ↔ Cambodia 5% broken 435-445 ↔ U.S. 4% broken 580-590 ↔ Uruguay 5% broken 620-630 ↔ Argentina 5% broken 615-625 ↔

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


Long grain white rice - low quality Thailand 25% broken 340-350 ↓ Vietnam 25% broken 355-365 ↔ Pakistan 25% broken 370-380 ↔ Cambodia 25% broken 410-420 India 25% broken 370-380 ↔ U.S. 15% broken 555-565 ↔

Long grain parboiled rice Thailand parboiled 100% stxd 410-420 Pakistan parboiled 5% broken stxd 435-445 India parboiled 5% broken stxd 395-405 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% 935-945 Vietnam Jasmine 505-515 ↑ India basmati 2% broken 1515 -1525 Pakistan basmati 2% broken NQ ↔ Cambodia Phka Malis 870-880 ↔ Brokens Thailand A1 Super 300-310 ↓ Vietnam 100% broken 335-345 Pakistan 100% broken stxd 325-335 Cambodia A1 Super 350-360 ↔ India 100% Broken stxd 295-305 Egypt medium grain brokens NQ ↔ U.S. pet food 470-480 ↔ Brazil half grain 345-355 ↔ Medium grain milled U.S. Calrose 4% broken Egypt medium grain 6%

1070-1080 NQ ↔

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

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


29th april,2014 daily oryza e newsletter by riceplus magazine