Wednesday, February 27, 2013

Rice Importer of Nigeria

Nigeria is the largest importer of Rice !
Here is a link to find importers from that country
You need to register with the web portal before finding the contacts
To understand the Nigerian rice sector, take a look
 

Rice Business India

A few highlights of Rice sector of India1.India exported a record 10.2 million tons rice in 2012 but the volume will be difficult to sustain due to weaker demand from African countries and greater competition from Thailand and [the] U.S.A

2.There is also uncertainty over the rice imports by Iran, a major buyer, in light of its unclear domestic demand and financial sanctions

3.The grains council says it expects the volume of the global rice trade to contract by 5% in 2013 to 36.5 million tons due to weaker demand from major buyers, China, Nigeria and Indonesia

4.Nigeria, the world’s largest rice importer, is likely to import 15% less this year due to higher import duties, while China’s domestic production will be high enough to permit a 35% fall in its imports, the grains council said. Nigeria overbought last year in anticipation of higher duties and now demand has weakened considerably, said an exporter in New Delhi.

5.Stocks of rice in India, Vietnam, Pakistan, Thailand and the U.S. will rise 3.8% to 38.2 million metric tons in the aggregate 2012-13 marketing year
Between them, the five are responsible for more than 80% of the global trade in rice. Some are now struggling to get rid of excess stocks and prevent waste.

Rice Export Quotation Information

What we noted at the USA Rice federation web site
Grade USDA No.1, 2, 3, 4, 5, 6, or sample grade. These are defined by the U.S. Department of Agriculture.
Quality
Percentage broken kernels acceptable, such as 4 percent or 15 percent. The percentage acceptable should be compatible with the grade designated.
Type
Long grain, medium grain, or short grain.
Milling and Form
Rough, brown (cargo), regular-milled and parboiled are indications of form. The degree of milling would be designated by phrases such as lightly- milled, wel-milled, etc.
Quantity
Total quantity desired and if partial shipments are desired. For example: 20,000 metric tons in four 5,000-ton shipments.
Delivery Information
This includes schedules and ports, what delivery dates are required.
Packaging
These requirements may be anywhere from a shipload full of bulk (loose) rice to 1-kg retail boxes, with 50-kg or 100-pound bags being common sizes. Most mills can arrange for any specified kind of packaging, including printing the label in any language.
Quotation Information
Designate F.G.B., F.A.S., C&F, or C.I.F.
Payment Information
Method of payment, such as Letter of Credit, Sight Draft, or Cash Against Documents.
Firm Name and Type
Indicate if purchaser is an agent, broker, etc. Person(s) to contact, address, fax, or telephone number.

Rice Merchant in USA

Here are some Merchants in the USA dealing in Rice Business
Associated Rice Marketing CooperativeP.O. Box 338
Richvale, CA 95974-0338
US
Phone: 530-898-1180
Fax: 530-898-1209               
More such contacts are given at
USA RICE FEDERATION web site

Is Walmart selling Rice?

Walmart is selling Rice too at their Grocery section
here are some listed..see the Link
Prices, varieties, pictures..interesting?