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China Officially Bans Unofficial Rice Imports From Vietnam

China has officially banned unofficial rice imports from Vietnam through border crossings in order to tighten control over tax payments. This has prompted Vietnam to look to increase legal rice exports to China. However, some traders note that demand for fragrant rice from unofficial channels in China may be declining. The ban is not expected to significantly impact Vietnam's overall rice exports as demand remains high in other countries. Unofficial border trade has been a concern for Vietnam, with around 2 million tons exported unofficially each year.

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0% found this document useful (0 votes)
63 views16 pages

China Officially Bans Unofficial Rice Imports From Vietnam

China has officially banned unofficial rice imports from Vietnam through border crossings in order to tighten control over tax payments. This has prompted Vietnam to look to increase legal rice exports to China. However, some traders note that demand for fragrant rice from unofficial channels in China may be declining. The ban is not expected to significantly impact Vietnam's overall rice exports as demand remains high in other countries. Unofficial border trade has been a concern for Vietnam, with around 2 million tons exported unofficially each year.

Uploaded by

Mujahid Ali
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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China Officially Bans Unofficial Rice

Imports from Vietnam


Aug 08, 2014

Chinese authorities have officially prohibited cross
border rice imports from Vietnam in order to tighten
control over tax payments made by Chinese rice
importers, according to local sources. Rice merchants
in the northern provinces of Vietnam, who sell rice to
the Chinese traders, told local sources that the Chinese
government has imposed the ban as it has found that
many rice importers (who imported rice through
borders) have been evading tax. The Chinese
government is planning to legalize all rice imports
from Vietnam and set up fixed tax rates for easier
control, they added.However, some Vietnamese traders
noted that the Chinese government has imposed the
ban due to declining demand for fragrant rice, which
most of the Chinese traders buy from unofficial channels.Vietnam rice exporters said the ban
would not impact rice exports of Vietnam in any way as the demand from other countries such as
Malaysia, Indonesia and the Philippines is quite high. They added that currently Vietnam is not
overtly dependent on China for its rice exports.Unofficial rice exports to China through borders
has been a major concern for Vietnam officials as well as exporters. Around 2 million tons of
rice are exported to China unofficially, according to official sources. In March this year, the
Ministry of Trade and Industry (MOIT) tried to legalize rice sales to China through borders. In
that sense the development would be encouraging to the Vietnamese government.Vietnam
exported around 3.62 million tons of rice in January -July 2014, down about 12% from around
4.1 million tons of rice exported in same time last year, according to data from the Vietnam Food
Association (VFA). According to local sources, Vietnam rice exporters have so far signed
contracts for around 5.3 million tons of rice in 2014 and they are planning to sign contracts for
another one million tons of rice to meet the country's export target of 6.2 million tons.
Tags: China rice imports, China unofficial rice imports, Vietnam rice exports
FAO Forecasts Bhutan MY 2014-15 Rice
Imports at 58,000 Tons, Similar to Last Year
Aug 08, 2014
The UN's Food and Agriculture Organization (FAO) has forecasted Bhutan's rice imports in MY
2014-15 (July - June) at around 58,000 tons, almost similar to last year's average level, due to
higher production levels in 2013. The FAO estimates below-average cereal imports, including
rice, in MY 2014-15. Bhutans cereal imports mainly consist of rice and wheat. The FAO
estimates Bhutan 2014 paddy rice production at around 90,000 tons, up about 2% from around
88,000 tons produced in 2013, due to an estimated expansion in area planted and assuming
favorable weather conditions during the growing season.
Tags: Bhutan Rice Production, Bhutan Rice Imports, Food and Agricultural Organization (FAO)

Bangladesh and South Korea Jointly Develop
Two Cold Tolerant Rice Varieties
Aug 08, 2014

Scientists of the Bangladesh Rice Research Institute (BRRI) and the Korea International
Cooperation Agency (KOICA) have jointly developed two new cold tolerant rice varieties -
BRRI 18 and Hobigonj BoroVI- according to news release by the BRRI and KOICA. As
Bangladesh farmers usually face severe financial losses in winters due to high mortality of rice
seedlings due to cold temperatures, BRRI scientists began working towards identifying a cold
tolerant gene in rice in January 2012 in collaboration with the KOICA.
The KOICA experts imparted training to BRRI scientists and extended technical support for
building requisite laboratory facilities and enhancing research capacity suitable to develop cold
tolerant rice breeding.The Korean-funded organization also aided BRRI in setting up an indoor
screening facility, a molecular biology laboratory as well as a number of new machines for rice
breeding, harvesting, seeding, sowing, crop cutting, office logistics and rice milling. The BRRI
scientists have also adopted Korean method of carrying harvested grains, which minimizes post-
harvest losses to a large extent. The new Korea-type carriers known as 'frame carriers' were
distributed to rice farmers in certain provinces to test their efficiency.The two varieties are
expected to enhance yield of rice crops especially during winters.
Tags: Bangladesh rice production, Bangladesh Rice Research Institute (BRRI), Korea International Cooperation Agency
(KOICA)



India Main Rice Crop Planting Reaches
26.733 Million Hectares as of August 8, 2014;
Down 2% from Last Year
Aug 08, 2014

Planting for kharif rice crop, or main rice crop (June December; harvesting begins in October)
in India has reached around 26.733 million hectares of rice area as of August 8, 2014, down
about 2% from around 27.3 million hectares planted during the same time last year, according a
statement released by the Indian Agriculture Ministry. Kharif rice planting in India started late
due to delayed rains since the onset of monsoon season in June. Rainfall occurred in many parts
of Central and Eastern India after mid-July leading to improved water levels in several reservoirs
as well as helped the agriculture sector to revive.Accordingly, monsoon deficit has narrowed
significantly from around 45% in June. Analysts are now hopeful that India's production may be
close to last year's level of around 106 million tons.
Tags: India rice planting, Kharif, Monsoon, Production, Asian rice exports to U.S.

Indonesia Imports 50,000 Tons of Rice from
Vietnam
Aug 08, 2014
Indonesia's state logistics agency BULOG has imported 50,000 tons of rice from Vietnam,
according to Reuters.The Indonesian Trade Minister told media sources that BULOG imported
around 200,000 tons of 5% broken rice and 300,000 tons of 25% broken rice. He said the rice
imports are to make up an increase in domestic consumption, which led to a decline in supply
and increase in prices. The imported rice is in the BULOG warehouses and is ready for
distribution, he noted.The government instructed BULOG to import rice after the Central
Statistics Agency (BPS) has estimated Indonesia's paddy rice production in 2014 to decline to
around 69.8 million tons, down about 2% from an estimated 71.28 million tons in the previous
year. The decline in production is mainly due to an expected decline in rice acreage by 26,530
hectares compared to last year.As on June 2014, BULOG had 950,000 tons of rice in stocks,
which is enough to cover domestic needs for around 7 - 8 months. The Trade Minister said
BULOG has been permitted to import around 500,000 tons of rice in 2014 to strengthen
government stocks.USDA estimates Indonesia to produce around 37.36 million tons of rice,
basis milled, and import around 1.5 million tons of rice in 2014. It estimates 2014 Indonesia's
rice imports to more than double from around 650,000 tons in 2013, while 2014 production is
expected to increase by just 2% from 36.55 million tons in 2013. Consumption in 2014 is
expected to increase by 1% to around 38.65 million tons from 38.13 million tons in 2013.
Tags: Indonesia rice production, Indonesia rice imports, Bulog
Italian Farmers Face-off with River Rats
Aug 08, 2014
It seems like the revenge of the river rats at Italys Lombardy region. Also known as coypu or
nutria, it is a large, herbivorous, semiaquatic rodent and a native of South America. It was
introduced to North America, Europe, Asia and Africa by fur ranchers. While its hide could be a
lucrative fur business, its destructive feeding and burrowing behavior is certainly at the receiving
end of the farmer's ire.When fur dealers in Europe realized that the business from river rats was
no more lucrative, they abandoned the business and the animal as well, causing deep impact to
agriculture. The furry creatures invaded farms destroying cracks and embankments. In the
following decade, the population of coypu reached 1 million only in Lombardy. The harm caused
to farms amounted to $ 9.3 million.Now, farmers of North Italy, particularly Milan, have decided
to tackle the coypu menace. Their focus is on reducing the number and if possible, eradicating
them. Its face off time between the Italian farmers and river rats.
Tags: farmers, pest, coypu, nutria, river rat, menace, Italy, lombardy, milan



Oryza Global Rice Quotes

August 11th, 2014
Long grain white rice - high quality
Thailand 100% B grade 460-470
Vietnam 5% broken 440-450
India 5% broken 435-445
Pakistan 5% broken 445-455
Cambodia 5% broken 470-480
U.S. 4% broken 550-560
Uruguay 5% broken 615-625
Argentina 5% broken 610-620

Long grain white rice - low quality
Thailand 25% broken NQ
Vietnam 25% broken 405-415
Pakistan 25% broken 395-405
Cambodia 25% broken 455-465
India 25% broken 390-400
U.S. 15% broken 530-540
Long grain parboiled rice
Thailand parboiled 100% stxd 445-455
Pakistan parboiled 5% broken stxd 450-460
India parboiled 5% broken stxd 425-435
U.S. parboiled 4% broken 630-640
Brazil parboiled 5% broken NQ
Uruguay parboiled 5% broken NQ
Long grain fragrant rice
Thailand Hommali 92% 1015-1025
Vietnam Jasmine 595-605
India basmati 2% broken NQ
Pakistan basmati 2% broken NQ
Cambodia Phka Malis 875-885
Brokens
Thailand A1 Super NQ
Vietnam 100% broken 335-345
Pakistan 100% broken stxd 325-335
Cambodia A1 Super 365-375
India 100% Broken stxd 340-350
Egypt medium grain brokens NQ
U.S. pet food 470-480
Brazil half grain NQ

All prices USD per ton, FOB vessel, oryza.com
Oryza Afternoon Recap - Chicago Rough
Rice Futures Finish the Week Lower as Corn
and Wheat Soften and Weigh on Prices
Aug 08, 2014
Chicago rough rice futures for Sep delivery settled 7.5 cents per cwt (about $2 per ton) lower at
$12.660 per cwt (about $280 per ton). The other grains finished the day with mixed results;
soybeans closed about 0.6% higher at $10.8475 per bushel; wheat finished about 2.2% lower at
$5.4925 per bushel, and corn finished the day about 2.1% lower at $3.6350 per bushel. U.S.
stocks jumped on Friday, with benchmark indexes turning higher for the week, on reports
signaling reduced tensions in the Russian-Ukraine crisis. Reuters, citing Russia's Interfax,
reported that Russia had ended military exercises near the Ukrainian border.
The war games, which began Monday, were scheduled to end Friday, according to media reports
including the Guardian. Ahead of Friday's open, stock-index futures had fallen on word President
Barack Obama had authorized air strikes in Iraq, only turn higher on reports that Russia might to
be looking to de-escalate tension over Ukraine. After rising as much as 162 points and falling
four, the Dow Jones Industrial Average was lately up 155.38 points, or 0.9%, at 16,523.65. The
S&P 500 added 16.29 points, or 0.9%, to 1,925.86, with utilities pacing gains that extended to all
10 of the S&P's main sectors. The Nasdaq climbed 27.90 points, or 0.6%, to 4,362.87. Gold is
trading 0.2% lower, crude oil is seen trading about 0.2% higher, and the U.S. dollar is seen
trading about 0.2% lower at about 1:00pm Chicago time. Thursday, there were 1,395 contracts
traded, up from 668 contracts traded on Wednesday. Open interest the number of contracts
outstanding on Thursday decreased by 139 contracts to 9,774.
Tags: chicago rough rice futures, U.S. rice prices, U.S. rice market
Oryza Overnight Recap - Chicago Rough
Rice Futures Unchanged Overnight as
Traders Focus Turns to Geopolitical Issues in
Eastern Europe and Middle East
Aug 08, 2014
Chicago rough rice futures for Sep delivery were paused unchanged at $12.735 per cwt (about
$281 per ton) before the opening of the trading floor in Chicago. The other grains are seen mixed
this morning ahead of floor trading in Chicago: soybeans are currently seen unchanged, wheat is
listed about 0.8% lower and corn is noted about 0.6% lower. U.S. stocks opened mildly higher as
investors weighed the implications of a U.S. military strike against insurgents in Iraq, along with
a possible lessening of tensions in the Russian-Ukraine crisis. The Pentagon's press secretary
said via Twitter on Friday that U.S. military aircraft had struck rebel artillery that was being used
against Kurdish forces defending a position near American personnel. Futures had risen earlier
on a news report signaling Russia might be looking to de-escalate the Ukraine conflict, offsetting
declines that came with President Barack Obama's decision to authorize airstrikes in Iraq.
Geopolitical concerns overtook economic reports, which on Friday included data from the Labor
Department that had nonfarm productivity rebounding more than expected in the second quarter,
with a drop in labor costs pointing to still-tame wage pressure. The Dow Jones Industrial
Average opened slightly higher. The S&P 500 added 0.2% and the Nasdaq climbed 0.1%. Gold
is currently trading about 0.1% lower, crude oil is seen trading about 0.4% higher, and the U.S.
dollar is currently trading about 0.1% lower at 9:15am Chicago time.
Tags: chicago rough rice futures, U.S. rice prices, U.S. rice market
Oryza White Rice Index Prices Trend
Higher Despite Forecasts for Weak El Nino
Aug 08, 2014

The Oryza White Rice Index, a weighted average of global white rice export quotes, ended this
week at about $482 per ton, unchanged from a week ago, up about $17 per ton from a month ago
and up about $12 per ton from a year ago.El Nino forecasts are increasingly projecting a
weak/late El Nino, diminishing the impact on the Asia rice crop.The FAO All Rice Price Index
reached 238 points in July, up 2 points from June, due to increases in Aromatic, Higher Quality
Indica, and Lower Quality Indica sub-indices. In January-July, the FAO All Rice Price Index
averaged 235 points, about 2 points less than the same period in 2013.

Thailand

Thailand 5% broken rice is today quoted at about $450 per ton, up about $15 per ton from a
week ago, up about $40 per ton from a month ago and unchanged from a year ago.

The USDA Post estimates Thailand will export about 9 million tons of rice in 2014, an increase
of about 34% from the previous year. The country exported 4.68 million tons of rice January-
June, about 59% more than that period last year. The Post estimates paddy rice production in
MY 2013-14 to reach 31 million tons and expects it to decline to about 30.5 million tons in MY
2014-15.

The National Council for Peace and Order (NCPO) auctioned 167,000 tons of stockpiled rice on
August 7. More than 40 exporters, millers, and domestic traders participated, but bids were $5-
$15 per ton below market prices and the Commerce Ministry has not yet commented on the
bidding.

India

India 5% broken rice is today quoted at about $440 per ton, unchanged from a week ago, up
about $5 per ton and $10 per ton from a month and year ago respectively.

The USDA Post estimates Indias rice exports will decline to about 10 million tons in MY 2013-
14 (October-September), about 8% less than in MY 2012-13. It also anticipates Indias exports
to further decrease by about 20% to 8 million tons in MY 2014-15 due to reduced production and
tight supplies.

The poor monsoon rains arent impacting Indias rice production as much as in previous years,
due to drought-resistant and hybrid varieties. The Wall Street Journal anticipates Indias paddy
rice production to be just 1.2% less than last years.

The Indian government aims to procure 30.05 million tons of rice during the 2014-15 Kharif
Marketing Season (October 2014-September 2015), about 12% less than last years target,
according to the Ministry of Consumer Affairs, Food & Public Distribution.

The USDA Post estimates Bangladeshs rice imports in MY 2014-15 (May-April) will reach
500,000 tons, about 26% less than in MY 2013-14. Separately, the Supreme Court of Bangladesh
has upheld a government decision requiring rice traders and millers to replace polythene bags
with jute sacks for rice, according to local sources.

Vietnam

Vietnam 5% broken rice is today quoted at about $450 per ton, down about $15 per ton from a
week ago, up about $30 per ton from a month ago and up about $50 per ton from a year ago.

During January-July, Vietnam exported 3.62 million tons of rice, a decrease of about 12% from
the same time last year, according to the Vietnam Food Association (VFA). Average rice export
price so far this year is $431 per ton (FOB). In June, Vietnam exported 628,322 tons of rice, and
in July, Vietnam exported 615,844 tons of rice.

Pakistan
Pakistan 5% broken rice is today quoted at about $450 per ton, up about $10 per ton from a week
and a month ago and up about $25 per ton from a year ago.Pakistan rice exporters are hoping to
increase basmati sales to Iran now that the country has increased import duty on Indian basmati
rice from 22% to 40%.

U.S. Customs authorities found dead larvae from a Khapra beetle in a rice shipment from
Pakistan, according to the Washington Post. The 20-ton shipment was re-exported.

Central & South America

The Brazilian paddy rice index maintained by CEPEA reached around 35.86 real per 50
kilograms as of August 4, 2014, up about 0.3% from about 35.76real per 50 kilograms recorded
on July 28, 2014. In terms of USD per ton, the index reached at about $318 per ton on August 4,
2014, down about 1.3% from about $322 per ton recorded on July 28, 2014. The Brazilian real
depreciate about 1.5% against the U.S. dollar in last one week.

Five percent broken rice from Uruguay and Argentina today quoted at about $620 per ton,
unchanged from a week and a year ago but down about $5 per ton from a month ago.The USDA
Post estimates Argentina will export 600,000 tons of milled rice in 2014, up about 12.5% from
2013. It also estimates exports will decline to about 580,000 tons in 2015.

The USDA Post estimates Mexicos rice imports will decline to about 725,000 tons in MY 2013-
14 (October-September), about 2.4% less than previous USDA Post estimates, and about 3% less
than official USDA estimates of 750,000 tons.

Guyana is looking to expand its export markets for premium rice as production is expected to
surpass 600,000 tons this year. The Agriculture Minister has already struck deals with Haiti,
Panama, Belize, and Venezuela.

U.S.

U.S. 4% broken rice is today quoted at about $555 per ton, unchanged from a week and a month
ago and down about $50 per ton from a year ago.

Chicago rough rice futures for September delivery stayed well below $13.000 per cwt (about
$287 per ton) all week. They reached a high of $12.870 per cwt (about $284 per ton) early
Tuesday before dropping to $12.610 per cwt (about $278 per ton) and ended the week settling at
$12.660.

The U.S. cash rice market was quiet this week with buyers and sellers remaining at odds and
buyers shopping hand-to-mouth as they wait for the harvest to pick up in South Louisiana and
Texas. Offers were firm around $13.33 per cwt fob farm (about $294 per ton) all week and bids
hovered around $12.85-$13.25 per cwt (about $282-292 per ton) for September-October
delivery.

Other Markets

The Iraqi Grain Board (IGB) has issued a new international tender to buy at least 30,000 tons of
rice from Uruguay, Argentina, Brazil, Vietnam, Thailand, and the U.S. The tender is open until
August 11 with offers valid through August 15.

The National Food Authority (NFA) of the Philippines invites bids for 500,000 tons of 25%
broken long-grain well-milled white rice in an open tender scheduled for August 27. Local
sources say that Cambodian rice exporters are keen to win the deal. Cambodia 5% broken rice
today quoted at about $455 per ton, unchanged from a week ago, up about $10 per ton from a
month ago.Under the New Agricultural Policy, Italys government has allocated around 22.6
million (about $30.2 million) annually to the rice sector.
Tags: oryza white rice index (OWRI), global rice prices, global rice news

Is Your Farm Vulnerable to Rice Blast?
Italian Test Farms Have the Answer
Aug 08, 2014
Got a farm with low soil moisture in an area which experiences long rain showers and cool
temperature during the day? Farmers beware! Your farm is most likely to be infected by rice
blast disease. These are among the many observations that came out of a unique program
launched by Novara and Vercelli provinces of Italy along with Pavia University.As part of the
research partnership, they have set up a network of test farms which can check the stage of the
rice blast disease all over the area. Currently, the risk is at 3 level in Italy which indicates high
risk of the plant contracting the disease. Among the other salient observations is that upland rice
with big day-night temperature differences that generate dew drops on leaves and aids cooler
temperatures are prone to the disease. The current wet Italian summer season with many showers
and low temperatures shows all the characteristics required for the development of rice blast.
Tags: Farm, rice blast, Rice, rice news, how to, Novara, Vercelli, Pavia university

Vietnam Rice Quotes Down Today; Other
Asia Quotes Unchanged
Aug 08, 2014
Vietnam rice sellers lowered most of their quotes by about $5-$20 per ton today. Other Asia rice
sellers kept their quotes mostly unchanged.
5% Broken Rice
Thailand 5% rice is quoted at around $445 - $455 per ton, on par with Vietnam 5% rice quoted at
around $445 - $455 per ton, down about $15 per ton from yesterday. India 5% rice is quoted at
around $435 - $445 per ton, about $10 per ton discount to Pakistan 5% rice quoted at around
$445 - $455 per ton.
25% Broken Rice
Thailand 25% rice was last quoted at around $350 - $360 per ton, about $55 per ton discount to
Vietnam 25% rice quoted at around $405 - $415 per ton, down about $5 per ton from yesterday.
India 25% rice is quoted at around $390 - $400 per ton, about $5 per ton discount to Pakistan
25% rice quoted at around $395 - $405 per ton.
Parboiled Rice
Thailand parboiled rice is quoted at around $445 - $455 per ton. India parboiled rice is quoted at
around $425 - $435 per ton, about $25 per ton discount to Pakistan parboiled rice quoted at
around $450 - $460 per ton.
100% Broken Rice
Thailand broken rice, A1 Super, was last quoted at around $310 - $320 per ton, about $30 per ton
discount to Vietnam broken rice quoted at around $340 - $350 per ton, down about $20 per ton
from yesterday. India broken sortexed rice is quoted at around $330 - $340 per ton, about $5 per
ton premium on Pakistan broken sortexed rice quoted at around $325 - $335 per ton.
Tags: Vietnam rice prices, India rice prices, pakistan rice prices, Thailand rice prices




USDA Post Estimates Australia MY 2013-14
Rice Exports to Increase 14% Despite 29%
Fall in Production
Aug 08, 2014

USDA Post has estimated Australia's rice exports in MY 2013-14 (March 2014 - February 2015)
to increase to around 500,000 tons, up about 14% from around 440,000 tons exported in MY
2012-13 due to large number of stocks (of about 231,000 tons) carried over from the previous
year and imports (of about 150,000 tons). It however, expects Australia's exports to decline 20%
to around 400,000 tons in MY 2014-15 due to lower production as well as lower beginning
stocks. The Post estimates Australia MY 2013-14 paddy production to decline to around
825,000 tons (around 594,000 tons, basis milled), down about 29% from around 1.16 million
tons (around 836,000 tons, basis milled) produced in MY 2012-13 due to a decline in the supply
of irrigation water. It further expects Australian paddy production to decline to around 700,000
tons (around 504,000 tons, basis milled) in MY 2014-15.Nearly 98% of Australia's rice is grown
in NSW in the Murrumbidgee and Murray River valleys due to the availability of water and the
development of storage and milling infrastructure. However, the country's rice industry is
planning to produce rice in the Ord River Irrigation Area in the remote Kimberley region of
Western Australia as well. The Post estimates Australia's rice planting area to decline to around
81,000 hectares in MY 2013-14, down about 29% from around 114,000 hectares last year.
Australia's average yield is around 9.7 tons per hectare. In 2013, a record 10.3 tons per hectare
was achieved.
Tags: Australia rice production, Australia rice exports, Australia rice imports, NSW
Philippines Exports 400 Tons of Premium
Rice So Far in 2014; Surpasses Target
Aug 08, 2014
The Philippines has exported around 400 tons of premium rice so far this year, according to the
Department of Agriculture (DA), report local sources. The premium rice exports included red,
black and organic varieties and were mainly targeted to Hong Kong and Singapore, the
Agricultural Secretary was quoted as saying. He also noted that the country surpassed this year's
export target of 100,000 tons, and that farmers would be encouraged to produce more premium
quality rice for exports. The Agri Secretary also stated that increasing exports are an
encouraging sign for the Philippines economy, which has been over dependent on imports for
last thirty years.In 2014, the Philippines' rice imports are likely to cross 2 million tons, including
the balance imports from 2013. This year, the country already imported 800,000 tons of rice in
March and has invited tenders to import another 500,000 tons of rice in order to maintain buffer
stocks and curtail surging prices.Average domestic rice prices in the Philippines have increased
by about 18% during the first six-month period of 2014 compared to the same period in 2013.
The increase in mainly attributed to huge withdrawals from the National Food Authority (NFA)
warehouses and loss of production due to recent typhoons.
Tags: Philippines rice prices, Philippines rice imports, Philippines rice exports, National Food Authority (NFA)
South Korea Issues Tender to Buy 47,378
Tons of Non-Glutinous Rice
Aug 08, 2014
Korea Agro-Fisheries has issued a tender to purchase around 47,378 tons of non-glutinous rice,
according to a tender notice on its website today.
The company seeks to buy around 23,837 tons of non-glutinous brown rice and around 23,541
tons of non-glutinous milled rice.
The company seeks to receive bids by August 25, 2014 and conduct bidding on August 26, 2014.
It wants the rice to arrive between December 15 - 31, 2014,
The quality, quantity, origin and due delivery dates of rice tendered are as follows:
Tags: South Korea Tender, Non-glutinous brown rice, Non-glutinous milled rice

Vietnam Exports 3.67 Million Tons of Rice in
January 1 - August 7, 2014
Aug 08, 2014

Vietnam exported around 3.669 million tons of rice in January 1 - August 7, 2014, down about
22% from around 4.7 million tons of rice exported during January - August, 2013, according to
data from the Vietnam Food Association (VFA). Average rice export price so far in this year
stands at about $431 per ton (FOB), up about 0.5% per ton from about $429 per ton recorded
during same time in last year. During August 1-7, 2014, Vietnam exported about 52,461 tons of
rice, up about 92% from about 620,532 tons rice exported in full month of August 2013, and up
about 91% from about 615,844 tons rice exported in full month of July 2014. Average export
price so far in August stands at about $424 per ton, down about $2 per ton from a year ago, and
down about 6% per ton from a month ago.

Tags: Vietnam rice exports, white rice, Glutinous rice, Broken rice, Fragrant rice, Vietnam Food Association (VFA)

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