You are on page 1of 10

Daily Exclusive

ORYZA Rice E-Newsletter

Daily Exclusive ORYZA Rice E-Newsletter 2015


www.ricepluss.com
www.riceplusmagazine.blogspot.com
May 25 ,2015
Vol 5,Issue V

For Advertisement in daily Newsletter & Blog & Website

Contact: Mujahid Ali mujahid.riceplus@gmail.com


www.ricepluss.com & www.riceplusmagazine.blogspot.com

Page 1

Daily Exclusive ORYZA Rice E-Newsletter 2015

Myanmar Launches National Strategic Plan


to Increase Rice Acreage and Production
May 22, 2015

The government of Myanmar has launched a national strategic plan to increase rice acreage and
production across the country, according to local sources.According to the plan, the government
is aiming to increase paddy rice acreage to around 7.7 million hectares and increase yield to
around 4.1 tons per hectare. It is aiming to increase milled rice production to around 15.9 million
tons and export around 6 million tons by 2030.Myanmar has exported around 1.7 million tons of
rice in the fiscal year 2014-15 (April - March), up about 40% from around 1.2 million tons
exported in 2013-14.
The Myanmar Rice Federation (MRF) has expressed confidence that the country would export
about 2 million tons of rice in the fiscal year 2015-16 (April - March). The government is also
keen on increasing rice exports to around 3 million tons over the next few years and has
prioritized rice in its National Export Strategy (NES).
www.ricepluss.com & www.riceplusmagazine.blogspot.com

Page 2

Daily Exclusive ORYZA Rice E-Newsletter 2015


USDA estimates Myanmar to produce 19.688 million tons of paddy rice (around 12.6 million
tons, milled basis) and export around 1.85 million tons of rice in MY 2014-15 (January December 2015). It estimates the area harvested under paddy at 7 million hectares and yield at
around 2.8 tons per hectare.

Vietnam Rice Sellers Increase Some of Their


Quotes Today; Other Asia Rice Quotes
Unchanged
May 22, 2015

Vietnam rice sellers increased their quotes for 100% broken rice by about $5 per ton to around
$310 - $320 per ton today. Other Asia rice sellers kept their quotes mostly unchanged.
5% Broken Rice
Thailand 5% rice is indicated at around $370 - $380 per ton, about a $20 per ton premium on
Vietnam 5% rice shown at around $350 - $360 per ton. India 5% rice is indicated at around $370
- $380 per ton, about a $35 per ton discount to Pakistan 5% rice shown at around $405 - $415 per
ton.
25% Broken Rice
Thailand 25% rice is shown at around $350 - $360 per ton, about a $20 per ton premium on
Vietnam 25% rice shown at around $330- $340 per ton. India 25% rice is indicated at around
$345 - $355, about a $15 per ton discount to Pakistan 25% rice shown at around $360 - $370 per
ton.
Parboiled Rice
Thailand parboiled rice is indicated at around $370 - $380 per ton. India parboiled rice is
indicated at around $360 - $370 per ton, about a $45 per ton discount to Pakistan parboiled rice
shown at around $405 - $415 per ton.
100% Broken Rice
Thailand broken rice, A1 Super, is indicated at around $315 - $325 per ton, about a $5 per ton
premium on Vietnam 100% broken rice shown at around $310 - $320 per ton, up about a $5 per
www.ricepluss.com & www.riceplusmagazine.blogspot.com

Page 3

Daily Exclusive ORYZA Rice E-Newsletter 2015


ton from yesterday. India 100% broken rice is shown at around $270 - $280 per ton, about a $35
per ton discount to Pakistan broken sortexed rice shown at around $305 - $315 per ton.

India 2015-16 Kharif Rice Sowing Underway,


268,000 Hectares Planted as of May 22, 2015

May 22, 2015

Planting for India 2015-16 Kharif (main) rice crop (June - December) has begun and stands at
around 268,000 hectares as of May 22, 2015; up about 18% from around 228,000 hectares
planted during the same period last year, according to preliminary data released by the Indian
Agriculture Ministry.The government of India, in its third advance estimates for major crops, has
estimated India's rice production for 2014-15 marketing year (October 2014 - September 2015)
www.ricepluss.com & www.riceplusmagazine.blogspot.com

Page 4

Daily Exclusive ORYZA Rice E-Newsletter 2015


at around 102.54 million tons, down about 4% from an estimated 106.65 million tons in 2013-14,
according to a statement from the agriculture Ministry.

Oryza U.S. Rough Rice Recap - Prices Hold


despite Drop in Futures
May 22, 2015

The U.S. cash market held steady today despite weakness in the futures market as sellers
continue to hold out for better prices despite burdensome stocks and limited demand.Analysts
insist that farmers are going to wait as long as they possibly can before selling at the levels they
are seeing trade as it is below their cost of production.

Weekly Recap: The Philippines Set to Import


More Rice Amid Fears of El Nino
May 22, 2015

The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes,
ended the week at about $407 per ton, down about $1 per ton from a week ago, down about $2
per ton from a month ago and down about $48 per ton from a year ago.
The decline is mainly due to a decline in Pakistan Rice Prices.
Thailand
Thailand 5% broken rice is today shown at about $375 per ton, unchanged from a week,
down about $10 per ton from a month ago and up about $5 per ton from a year ago.
The government of Thailand has decided to sell 2 million tons of rice from government
stockpiles over the next two months.
Former Prime Minister Yingluck Shinawatra has pleaded innocence in corruption charges from
the controversial rice pledging scheme.
The Thai Commerce Ministry claims that nearly 11 million tons of the 16 million tons of
stockpiled rice are substandard.

www.ricepluss.com & www.riceplusmagazine.blogspot.com

Page 5

Daily Exclusive ORYZA Rice E-Newsletter 2015

The Prime Minister has called for high-standard rice mills in the country in order to ensure top
quality rice that can compete at the global level. The Prime Minister has laid out specific
strategies to increase the competitiveness of Thai rice globally, including the restructuring of rice
production management.
India
India 5% broken rice is today shown at about $375 per ton, unchanged from a week and a month
ago, and down about $55 per ton from a year ago.
India's main season (Kharif) rice planting has reached at about 268,000 hectares as on March 22,
2015, up about 17.5% from same time in last year, according to the data from India's Ministry of
Agriculture.
Vietnam
Vietnam 5% broken rice is today shown at about $355 per ton, unchanged from a week ago,
down about $5 per ton from a month ago and down about $50 per ton from a year ago.
www.ricepluss.com & www.riceplusmagazine.blogspot.com

Page 6

Daily Exclusive ORYZA Rice E-Newsletter 2015


During the period January 1 to May 14, Vietnam exported about 1.686 million tons of
rice. Average rice export price so far this year stands at around $419 per ton (FOB), down about
3% per ton from the same period last year.
Rice farmers in the Mekong Delta have been urged to speed up summer-autumn crop harvest in
order to avoid losses from the drought and salinity intrusion.
Pakistan
Pakistan 5% broken rice is today shown at about $410 per ton, down about $10 per ton from a
week, up about $30 per ton from a month ago, and down about $15 per ton from a year ago.
The Ministry of Commerce has noted that a decline in the average unit price of non-basmati rice,
the appreciation of the Pakistan rupee against the U.S. dollar and the euro, and an increased cost
of production and lack of adequate research and development in the country have contributed to
a decline in Pakistans rice exports so far in FY 2014-15 (July-June).
Pakistans total exports, including basmati and non-basmati, declined about 24% m/m in April
after increasing in March. In April, Pakistan exported about 360,446 tons of rice.
Philippines
The Philippines President has reportedly approved the National Food Authority (NFA) to import
250,000 tons of rice to boost buffer stocks during the lean season (July - September) amid fears
of an impending El Nino weather pattern.
The FAO forecasts the Philippines 2015 rice imports to remain at last year's level of around 1.8
million tons reflecting the government's efforts to stabilize domestic rice prices and restore
public stocks.
Cambodia
Cambodia is hoping to increase its 2015-16 (May 2015 - April 2016) rice export quota to China
to around 200,000 tons from the current 100,000 tons.
A team of Chinese trade delegation led by the Vice Minister of Commerce is visiting Cambodia
next week to discuss trade cooperation between the two nations and the Commerce Ministry is
likely discuss about increasing the rice export quota with the visiting delegation.
Central & South America

www.ricepluss.com & www.riceplusmagazine.blogspot.com

Page 7

Daily Exclusive ORYZA Rice E-Newsletter 2015


5% broken rice from Uruguay and Argentina is today shown at about $565 per ton, unchanged
from a week and a month ago, and down about $60 per ton from a year ago.
The Brazilian paddy rice index maintained by CEPEA reached around 35.04 real per 50
kilograms as of May 18, 2015, down about 1% from around 35.36 real per 50 kilograms
recorded on May 11, 2015.
In terms of USD per ton, the index reached around $232.52 per ton on May 18, 2015, down
about 2% from around $237.12 per ton recorded on May 11, 2015.
U.S.
U.S. 4% broken rice is today shown at about $470 per ton, down about $5 per ton from a week
and a month ago, and down about $115 per ton from a year ago.
With the drought in California causing tighter rice supplies, U.S. southern states such as
Arkansas and Louisiana are looking to shift from growing long-grain rice to medium-grain
production.
Other Markets
The European Unions rice imports from Least Developed Countries (LDCs) of Asia under the
Everything But Arms Agreement (EBA) have reached about 204,512 tons in the first eight
months of the crop year 2014-15 (September-August), an increase of about 12% from the same
period last year.
Rice millers from Italy and Spain will meet with European Commission officials to discuss
increasing rice imports from LDCs.
A new study published in the Nature Communications Journal finds that El Nino and its effects
may reduce global crop harvest of rice and other crops by 0.8 - 4%.
The Secretary General of the East African Community (EAC) claims that Tanzania is capable of
fulfilling the rice needs of the entire EAC region, but that the government, rice growers, and
exporters do not recognize the countrys export potential.
The government of Malaysia plans to make paddy planting more attractive, especially for youth,
in terms of ensuring higher income and returns.
The Myanmar Rice Federation expects Myanmar to export 2 million tons of rice in FY 2015-16
(April-March), an increase of about 18% from last year, due to increased demand from China,
www.ricepluss.com & www.riceplusmagazine.blogspot.com

Page 8

Daily Exclusive ORYZA Rice E-Newsletter 2015


Africa, and Europe. Under a National Strategic Plan, the government is aiming to increase paddy
rice acreage to around 7.7 million hectares and increase yield to around 4.1 tons per hectare. It is
aiming to increase milled rice production to around 15.9 million tons and export around 6 million
tons by 2030.
The UNs Food and Agriculture Organization estimates Indonesias rice imports to decline
about 25% in 2015-16 due to a favorable outlook for 2015 aggregate rice production. However,
analysts say that the effects of the El Nino weather pattern may force Indonesia to import more
rice this year.
Rice farmers in Bangladesh are concerned that the imposition of a 10% import duty on rice
imports has increased Boro (January-May) paddy prices by about 20%, but it has not benefited
the rice farmers, according to local sources.
The UNs FAO estimates South Korea will import 460,000 tons of rice in marketing year 201415 (October-September).

FAO Estimates Philippines to Import 1.8


Million Tons of Rice in 2015 Amid El Nino
Fears
May 22, 2015

The UN's Food and Agricultural Organization (FAO) has forecasted the Philippines 2015 rice
imports to remain at last year's level of around 1.8 million tons reflecting the government's
efforts to stabilize domestic rice prices and restore public stocks. Also an impending droughtinducing El Nino weather pattern may also force the country to import more rice this year. El
Nino is feared to result in reduced yields due to below-average rainfall.
Though, reports from the main meteorological and oceanic institutions conformed the onset of a
weak to moderate El Nino event, uncertainty about the intensity still persists. However,
government support to the sector in the form expansion of irrigated area, improved seeds and
higher fertilizers is likely to maintain pace of production.The FAO forecasts Philippines 2015
paddy rice production at around 19.76 million tons (around 12.39 million tons, basis milled), up
about 4% from an estimated 19 million tons (around 11.91 million tons, basis milled). Planting
of the 2015 main season rice crop, accounting for about 55% of annual production, is currently
underway and will continue till mid-July. Lower-than average rainfall in early April has most
likely delayed planting operations.
www.ricepluss.com & www.riceplusmagazine.blogspot.com

Page 9

Daily Exclusive ORYZA Rice E-Newsletter 2015


According to the FAO, the average retail prices of regular and well-milled rice varieties

continued to decline in May 2015 for the eighth consecutive month after continuously increasing
since last October, due to increased supplies from the 2014 main season harvest.USDA estimates
the Philippines to import around 1.6 million tons of milled rice in 2015, up about 33% from an
estimated 1.2 million tons in 2014. USDA estimates the South-East Asian nation to produce
around 19.365 million tons of paddy (around 12.2 million tons, basis milled) in MY 2014-15
(July - June), up about 3% from an estimated 18.82 million tons (around 11.86 million tons, basis
milled) in MY 2013-14.

www.ricepluss.com & www.riceplusmagazine.blogspot.com

Page 10