Thursday, October 23, 2014
Thursday, October 16, 2014
Saturday, August 02, 2014
Analysis of Exports of basmati rice
India exported basmati rice worth USD 8,765,062,232 with total quantity of 11,253,099,918. Iran is the largest buyer of basmati rice accounting for exports worth USD 2,212,317,072 followed by Saudi Arabia and United Arab Emirates which imported basmati rice worth USD 1,525,591,574 and USD 625,645,126 respectively.
Mundra accounted for 43.1% of exports followed by Kandla and ICD Loni which account for 11.9% and 11% of exports respectively.
Mundra accounted for 43.1% of exports followed by Kandla and ICD Loni which account for 11.9% and 11% of exports respectively.
Direction of India's Rice exports recently
India exported rice worth USD 12,614,480,346 with total quantity of 19,389,874,171. Iran is the largest buyer of rice accounting for exports worth USD 2,901,594,455 followed by Saudi Arabia and United Arab Emirates which imported rice worth USD 1,691,304,229 and USD 780,326,740 respectively.
Mundra accounted for 36.6% of exports followed by Kakinada and Kandla which account for 10.5% and 10.4% of exports respectively.
Average price of rice per unit is USD 0.65 and average value per shipment is 69,551
Mundra accounted for 36.6% of exports followed by Kakinada and Kandla which account for 10.5% and 10.4% of exports respectively.
Average price of rice per unit is USD 0.65 and average value per shipment is 69,551
New FAO norms likely to boost rice exports
INDIA is likely to gain the most from the new global norms for rice exports recently adopted by the United Nations’ (UN) Food and Agricultural Organization (FAO).
The Codex Alimentarius Commission, UN’s food standards body, has adopted new standards to protect consumer health worldwide. These include setting out maximum acceptable levels of arsenic (less than 0.2 mg/kg) in rice.
This means the US will not be able to export any rice as the level of arsenic in its produce exceeds permissible limits. Trade sources have alleged that rice produced there contains more than 0.3 mg/kg of arsenic as compared to less than 0.2 mg/kg in India.
"Therefore, there will be a natural exit for the United States from the global rice market. This evacuated space may benefit India," said Mr M. P. Jindal, President of the All India Rice Exporters’ Association (AIREA).
Of the estimated 40.7 million tonnes (mt) of global rice trade in 2014, the US’ contribution is pegged at 2.7 mt—the country’s total surplus out of over 7.5 mt of annual output.
"The United States was lobbying with the FAO for rejecting the implementation of the Codex norms. But, thankfully, the FAO accepted the norms, which will eliminate the United States from the rice export market," said Mr Gurnam Arora, Joint Managing Director of Kohinoor Foods, one of the largest Basmati exporters from India.
India exported around 11 mt of rice in FY14, of which 3.76 mt was of the Basmati variety while the non-Basmati variety contributed the remaining 7.13 mt, according to data compiled by the Agricultural & Processed Food Products Export Development Authority (APEDA).
The Codex Alimentarius Commission, UN’s food standards body, has adopted new standards to protect consumer health worldwide. These include setting out maximum acceptable levels of arsenic (less than 0.2 mg/kg) in rice.
This means the US will not be able to export any rice as the level of arsenic in its produce exceeds permissible limits. Trade sources have alleged that rice produced there contains more than 0.3 mg/kg of arsenic as compared to less than 0.2 mg/kg in India.
"Therefore, there will be a natural exit for the United States from the global rice market. This evacuated space may benefit India," said Mr M. P. Jindal, President of the All India Rice Exporters’ Association (AIREA).
Of the estimated 40.7 million tonnes (mt) of global rice trade in 2014, the US’ contribution is pegged at 2.7 mt—the country’s total surplus out of over 7.5 mt of annual output.
"The United States was lobbying with the FAO for rejecting the implementation of the Codex norms. But, thankfully, the FAO accepted the norms, which will eliminate the United States from the rice export market," said Mr Gurnam Arora, Joint Managing Director of Kohinoor Foods, one of the largest Basmati exporters from India.
India exported around 11 mt of rice in FY14, of which 3.76 mt was of the Basmati variety while the non-Basmati variety contributed the remaining 7.13 mt, according to data compiled by the Agricultural & Processed Food Products Export Development Authority (APEDA).
Tuesday, July 22, 2014
Thursday, May 08, 2014
Monday, May 05, 2014
Vietnam, Pakistan Rice Sellers Increased Some Quotes
here is about Rice prices..
sources:http://www.oryza.com/print/18922
Vietnam, Pakistan Rice Sellers Increased Some Quotes Today
- See more at: http://www.oryza.com/print/18922#sthash.QNRJQb5z.dpuf
sources:http://www.oryza.com/print/18922
Vietnam, Pakistan Rice Sellers Increased Some Quotes Today
Vietnam rice sellers increased their quote for Jasmine rice by about $5 per ton to about $520 - $530 per ton today. Pakistan rice sellers increased their quotes for 5% broken rice, 25% broken rice and 100% broken rice by about $5 per ton each to about $420-$430 per ton, $375 - $385 per ton and $325 - $335 per ton respectively. Thailand and India rice sellers kept their quotes mostly unchanged today.
5% Broken Rice
Thai 5% rice (of new crop) is quoted around $370 - $380 per ton, 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 $5 per ton discount to Pak 5% rice quoted around $420 - $430 per ton, up about $5 per ton from Wednesday.
25% Broken Rice
Thai 25% rice of the old crop is quoted about $340 - $350 per ton, 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 discount to Pak 25% quoted around $375 - $385 per ton, up about $5 per ton from Wednesday..
Parboiled Rice
Thai parboiled rice of the old crop is quoted around $410 - $420 per ton.
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, 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, up about $5 per ton from Wednesday.
5% Broken Rice
Thai 5% rice (of new crop) is quoted around $370 - $380 per ton, 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 $5 per ton discount to Pak 5% rice quoted around $420 - $430 per ton, up about $5 per ton from Wednesday.
25% Broken Rice
Thai 25% rice of the old crop is quoted about $340 - $350 per ton, 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 discount to Pak 25% quoted around $375 - $385 per ton, up about $5 per ton from Wednesday..
Parboiled Rice
Thai parboiled rice of the old crop is quoted around $410 - $420 per ton.
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, 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, up about $5 per ton from Wednesday.
Tuesday, April 22, 2014
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Saturday, April 19, 2014
Monday, April 14, 2014
Trade Lead from Uganda
Here is trade lead from Uganda we just received - Deal if you may with usual business caution
We have no verification or validation done
====================================================================
We are KS PROCUREMENT AGENCY located Kampala-Uganda.We have a client
who is interested in purchase of 50m/t of Basmati Rice 5% broken
packed in bags of 1kg,5kg and 10kg.
Quote cif Mombasa port Kenya.
Regards,
Jeremiah Namugera
Manager
for
Ks Procurement Agency
PLOT 7 Industrial Area
Kampala,UGANDA
Tel: +256 759021689
E-mail:ksprocurementagency@
We have no verification or validation done
====================================================================
We are KS PROCUREMENT AGENCY located Kampala-Uganda.We have a client
who is interested in purchase of 50m/t of Basmati Rice 5% broken
packed in bags of 1kg,5kg and 10kg.
Quote cif Mombasa port Kenya.
Regards,
Jeremiah Namugera
Manager
for
Ks Procurement Agency
PLOT 7 Industrial Area
Kampala,UGANDA
Tel: +256 759021689
E-mail:ksprocurementagency@
Tuesday, April 08, 2014
Monday, April 07, 2014
South Africa Company
Kapitan's core business is supplying customers with premium quality and comprehensive range of products, which include:
Flour, Rice, Pulses, Beans, Maize, Lentils, Samp, Samp & Beans, Peas, Split Peas, Animal Feed and more.
The Kapitan Trading head office and processing facility is located in Uitenhage, Port Elizabeth, South Africa. Company claims to possess a spacious warehouse which can store large quantities of products. The Kapitan team is said to be sourcing large volumes of products to satisfy the customer demands and specifications. Distribution network ensures the safe, smooth and punctual delivery of quality products.
Contact:
Kapitan
37 Kruisrivier Road
Uitenhage
South Africa
Tel: + 27 (0) 41 922 0103
Fax: + 27 (0) 41 922 0595
Flour, Rice, Pulses, Beans, Maize, Lentils, Samp, Samp & Beans, Peas, Split Peas, Animal Feed and more.
The Kapitan Trading head office and processing facility is located in Uitenhage, Port Elizabeth, South Africa. Company claims to possess a spacious warehouse which can store large quantities of products. The Kapitan team is said to be sourcing large volumes of products to satisfy the customer demands and specifications. Distribution network ensures the safe, smooth and punctual delivery of quality products.
Contact:
Kapitan
37 Kruisrivier Road
Uitenhage
South Africa
Tel: + 27 (0) 41 922 0103
Fax: + 27 (0) 41 922 0595
Phoenix Commodities Limited
Here is the Major Rice Trading Company Information
PHOENIX’S ROLE IN THE GLOBAL RICE BUSINESS
Phoenix ranks amongst the top 5 players in the global rice trading business today, trading close to 800,000 metric tons of rice annually.We participate in the entire value chain from sourcing, shipping and logistics management to marketing and distribution, placing significant emphasis on the quality of the rice.
Phoenix Commodities DMCC
Head Office
P.O Box 49451, Office No. 2407, Tiffany Tower Jumeirah Lakes Towers, Dubai, UAE
Tel: +971-4-4501200, Fax: +971-4-4501210
Email: rice@pclworld.net
coal@pclworld.net
agri@pclworld.net
PHOENIX’S ROLE IN THE GLOBAL RICE BUSINESS
Phoenix ranks amongst the top 5 players in the global rice trading business today, trading close to 800,000 metric tons of rice annually.We participate in the entire value chain from sourcing, shipping and logistics management to marketing and distribution, placing significant emphasis on the quality of the rice.
Phoenix Commodities DMCC
Head Office
P.O Box 49451, Office No. 2407, Tiffany Tower Jumeirah Lakes Towers, Dubai, UAE
Tel: +971-4-4501200, Fax: +971-4-4501210
Email: rice@pclworld.net
coal@pclworld.net
agri@pclworld.net
Friday, April 04, 2014
South Korea Tenders to Buy 39,263 Tons of Non-Glutinous Rice
South Korea has issued a tender to purchase 39,263 tons of non-glutinous rice, according to Bloomberg. The last date for submission of applications is April 14, 2014. Delivery for 25,930 tons of rice is expected by July 31, 2014 and the remaining by September 30, 2014. -
See more at: http://oryza.com/news/tenders/south-korea-tenders-buy-39263-tons-non-glutinous-rice#sthash.J5GJedJ3.dpuf
See more at: http://oryza.com/news/tenders/south-korea-tenders-buy-39263-tons-non-glutinous-rice#sthash.J5GJedJ3.dpuf
Oryza March 2014 Rice Market Review
here is the latest news...The Oryza White Rice Index, a weighted average of global white rice export quotes, ended the month of March at $453 per ton, down about $8 per ton from a month ago and $36 per ton from a year ago. The Oryza WRI declined in March because of softness in Thailand rice quotes. Thailand 5% broken rice quotes declined about $45 per ton from a month ago and $155 per ton from a year ago, mainly due to discontinuation of Thai rice pledging program. Thailand remained the cheapest origin while South America remains the most expensive origin in March. Some softness in Vietnam and South America rice quotes were offset by the higher quotes from India, Pakistan and U.S. - See more at: http://oryza.com/reports/monthly-review/oryza-march-2014-rice-market-review#sthash.zgF5T5lX.dpuf
Tuesday, April 01, 2014
Recent Rice shipments from India
| Date | HS Code | Description | Destination | Port of Loading | Unit | Quantity | Value (INR) | Per Unit (INR) |
|---|---|---|---|---|---|---|---|---|
| 26-Mar-2014 | 10063020 | INDIAN 1121 BASMATI STEAMED RICE, SORTEXCLEANED,887 BAGS=32.216 MTS PKD 2X40LBSNON WOVEN BAGS WITH MASTER PP BAGS. LEN | Canada | Mundra | KGS | 32,216 | 3,221,843 | 100 |
| 1-Mar-2014 | 10063020 | INDIAN 1121 SELLA BASMATI RICE(FULLY GRADED)1380 BAGS 32 KG NET PAC.IN 8X4KG NON WOV.BAG APEDA NO. 113062 | Kuwait | Ludhiana | KGS | 44,160 | 3,771,149 | 85 |
| 1-Mar-2014 | 10063020 | INDIAN 1121 WHITE SELLA BASMATI RICE CROP 2013 PKG 4KGX8=32KGS BAG L>6.61MM&L/B>3.5MM ROYAL STALLION GOLD BRAND | Iraq | ICD Loni | KGS | 228,800 | 19,535,218 | 85 |
| 28-Feb-2014 | 10063020 | 1121 INDIAN SELLA RICE PKG IN32 KG NON WOVEN BAGS WITH PP INNER AND PP OUTER (O.D.AS PER INV) (GLMT6.61MM&LBR.M.TH3.5MM) | Iran | Mundra | KGS | 46,016 | 3,305,095 | 72 |
| 22-Feb-2014 | 10063020 | INDIAN 1121 BASMATI SELLA RICE, PKG 01X32 KGS NON WOVEN FABRIC BAG WITH INNER AND OUTER TRANS. PP BAG PRIN. WITH BUYERS | Iran | Mundra | KGS | 46,080 | 3,796,227 | 82 |
| 21-Feb-2014 | 10063020 | INDIAN 1121 BASMATI SELLA RICE, PKG IN 01X32 KGS NON WOVEN FAB. BAG WITH INNER AND OUTER TRANS. PP BAG PRIN. WITH BUYERS | Iraq | Mundra | KGS | 299,520 | 24,762,504 | 83 |
| 15-Feb-2014 | 10063020 | INDIAN 1121 BASMATI SELLA CREAMY RICE2872 BAGS PKD IN 4X8KGS= 32KGS NON WOVENFABRIC BAGS WITH INNER & OUTER PP BAGS. | Iran | Mundra | KGS | 91,904 | 7,682,774 | 84 |
| 12-Feb-2014 | 10063020 | INDIAN 1121 SELLA EXTRA LONG GRAIN PREMIUM QUALITY BASMATI RICE BRANDAMEENPDK IN 4X20 LBS= 36.32 X 633 BAGS | United States | ICD Loni | KGS | 22,991 | 1,979,301 | 86 |
| 4-Feb-2014 | 10063020 | INDIAN 1121 BASMATI SELLA RICE, PKG 01X32 KGS NON WOVEN FABRIC BAG WITH INNER AND OUTER TRANS. PP BAG PRIN. WITH BUYERS | Iran | Mundra | KGS | 161,280 | 13,162,778 | 82 |
Rice exporters bag $4 million orders initially from China
Pakistani traders have fetched rice export orders worth 4 million dollar from China during a recent visit in January, 2014. Shipment of these orders will start from second week of February right after Chinese New Year's holidays. A 25-member delegation of rice exporters has recently visited China to further explore the emerging rice market.
Read More
Read More
Monday, March 24, 2014
Rice Trading Company profile - International
S.G.S. International Rice, Inc.
Harbinder SahniTEL: 732-603-5077
Harbinder SahniTEL: 732-603-5077
- FAX: 732-603-5037
- Address: 6 Stone Tavern Drive
- Clarksburg, New Jersey 08510
- USA
- E-mail: weldonrice@usa.net
Our major buyers are major multi-national companies in the U.S., Europe, Middle East, and Central American markets. We work with the leading processor and packaging companies in Thailand and India with the most sophisticated machinery available for outputting high quality products. We keep our buyers and customers out of worry by providing high quality products and arranging for timely shipments. We strive to keep our buyers up to date about global conditions affecting our products such as price, availability of products and shipping changes. We also have had great success with Basmati Rice from India. The market for Basmati Rice has been growing very rapidly and the rice is treated as a gourmet food product in the American market. We found that this rice was being handled by several processors in India, but only a few were equipped to handle the rice. We at S.G.S. International Rice Inc. are connected with some of the largest groups and feel their quality speaks for itself.- source:
http://www.weldonfoods.com/
RICE FORUM 2014
RICE FORUM 2014
"Focus on Africa and the Middle East"
8-9 April 2014, Crowne Plaza, Dubai, United Arab Emirates
- The highly anticipated follow up to the Nov 2013 - TRT World Rice Conference in Hong Kong
- More focus on destination markets, both basmati and non-basmati rice demand
- Middle East Markets - focus on Saudi Arabia, Iran, Iraq, Yemen, Turkey and more
- Africa markets - focus on Ivory Coast, Ghana, Senegal, Nigeria, South Africa and more
- Middle East Markets - focus on Saudi Arabia, Iran, Iraq, Yemen, Turkey and more
- Updates on key Asian origins, the latest from Vietnam's winter-spring crop, on Thailand's rice mountain and old crop availability, on India's 2013/14 production and early signs of the 2014 monsoon
- Special focus on Nigeria and the global parboiled rice market
- Networking focus - from across the rice trade and supply chainr
Read details here
Sunday, March 23, 2014
Monday, March 17, 2014
Rice Trade - India - 2014 ORYZA
India 5% broken rice ended the month at $420 per ton, up about 1% from a month ago and down about 7% from a year ago. Meanwhile, average monthly wholesale rice prices in India increased to about Rs. 2,731 per quintal (about $440 per ton) in February 2014, up about 1% from about Rs. 2,702 per quintal (about $429 per ton) in January 2014, and up about 4% from about Rs.2,627 per quintal (about $448 per ton) seen a year ago in February 2013.
Meanwhile, India’s Commission on Agricultural Costs and Prices (CACP) says that the government should release about 15-20 million tons of rice and wheat in to the domestic market to reduce prices as India tries to battle rampant food price inflation. India’s rice stocks in the central pool as of February 1, 2014 declined to about 31.27 million tons (including a milled equivalent of about 22.054 million tons of paddy), down about 12% from about 35.38 million tons recorded during the same time last year, which is more than double the required buffer and strategic reserve norms of about 13.8 million tons at this time of the year, according to the Food Corporation of India.
The Indian government has procured about 24.66 million tons rice so far in this year, down about 10% from about 27.3 million tons procured during the same time in last year. Meanwhile USDA expects that India rice procurement will decline to about 32 million tons in My2013-14, down about 6% from about 34 million tons rice procured in last year. For now, the Indian government is targeting to procure about 34.3 million tons in MY2013-14.
India is expected to export about 10 million tons rice during current calendar year, while rice exports are expected to decline about 8 million tons in next year, according to the USDA. The Indian government projected that India will produce about 106.19 million tons rice in 2013-14, the highest ever on record and up from an estimated 105.24 million tons produced in the previous year.
However, the USDA expects that India will produce about 104 million tons rice in 2013-14, up about 1 million tons from last year. Separately, India is likely to resume future trading in rice via the National Commodity and Derivatives Exchange Limited in March. India had banned future trading in rice in 2007 due to high prices. - See more at: http://oryza.com/reports/monthly-review/oryza-february-2014-rice-market-review#sthash.omczhB74.dpuf
Meanwhile, India’s Commission on Agricultural Costs and Prices (CACP) says that the government should release about 15-20 million tons of rice and wheat in to the domestic market to reduce prices as India tries to battle rampant food price inflation. India’s rice stocks in the central pool as of February 1, 2014 declined to about 31.27 million tons (including a milled equivalent of about 22.054 million tons of paddy), down about 12% from about 35.38 million tons recorded during the same time last year, which is more than double the required buffer and strategic reserve norms of about 13.8 million tons at this time of the year, according to the Food Corporation of India.
The Indian government has procured about 24.66 million tons rice so far in this year, down about 10% from about 27.3 million tons procured during the same time in last year. Meanwhile USDA expects that India rice procurement will decline to about 32 million tons in My2013-14, down about 6% from about 34 million tons rice procured in last year. For now, the Indian government is targeting to procure about 34.3 million tons in MY2013-14.
India is expected to export about 10 million tons rice during current calendar year, while rice exports are expected to decline about 8 million tons in next year, according to the USDA. The Indian government projected that India will produce about 106.19 million tons rice in 2013-14, the highest ever on record and up from an estimated 105.24 million tons produced in the previous year.
However, the USDA expects that India will produce about 104 million tons rice in 2013-14, up about 1 million tons from last year. Separately, India is likely to resume future trading in rice via the National Commodity and Derivatives Exchange Limited in March. India had banned future trading in rice in 2007 due to high prices. - See more at: http://oryza.com/reports/monthly-review/oryza-february-2014-rice-market-review#sthash.omczhB74.dpuf
Rice Futures Trading Basics
Rice Futures Trading Basics
Consumers and producers of rice can manage rice price risk by purchasing and selling rice futures. Rice producers can employ a short hedge to lock in a selling price for the rice they produce while businesses that require rice can utilize a long hedge to secure a purchase price for the commodity they need.
Wednesday, March 12, 2014
Link to Report
The Oryza White Rice Index, a weighted average of global white rice export quotes, ended the week at $457 per ton, down about $4 per ton from a week ago and $6 per ton from a month ago and down $35 per ton from a year ago. The index seems to have lost its upward trend since last autumn and is again declining toward $450 per ton, weighed down by Thailand quotes on ideas that Thailand will flood the market with cheap rice after the failure of its rice mortgage scheme. - See more at: http://oryza.com/reports/oryza-wri/oryza-white-rice-index-%E2%80%93-end-thailand-rice-mortgage-scheme-bullish-prices#sthash.1HyR524Q.dpuf
Saturday, March 08, 2014
Price trends
FAO rice price update
The FAO Rice Price Update provides monthly rice export prices from major origins and is released monthly. To subscribe to the FAO Rice Price Update and the FAO Rice Market Monitor, please send an e-mail to RICE MARKET NETWORK with "subscribe" in the subject line.
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Friday, March 07, 2014
Friday, January 31, 2014
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