13th february,2014 daily exclusive oryza e newsletter by riceplus magazine

13th February , 2014

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TOP Contents - Tailored for YOU
Latest News Headlines…
 Lanterns, Loincloths, and Rings of Rice
 Thai Rice Prices Will Fall If Government Doesn’t Creatively Use Rice Stocks
 Oryza U.S. Rough Rice Recap – Larger Mills Increase Bid Slightly; Farmers Continue to Hold Out For
Better Prices
 Bangladesh Farmers Achieve 25-30% Higher Rice Yield with Dry Bed Technique
 Oryza Rice Currency Analysis for Today – Brazil Real Retraces Recent Gains, Down 1%
 What a Joke: Rice ‘Magically’ Enters Nigeria, Despite No Ocean Port Arrivals since January 2012, Claim
Port Terminal Operators
 Accountability Up in Smoke? Fire Destroys Rice in a Thailand Warehouse
 Brunei Promises $1,260 per Ton for Local Paddy, Attracting Foreign Firms
 Oryza Afternoon Recap – Chicago Rough Rice Futures Continue to Rally as Technical Indicators Point to
Higher Prices; Grain Complex Falls
 Why is Rice Subject to India Service Tax but not Wheat?
 Brazil December 2013 Paddy Stocks Reach 904,423 Tons; Down 19% from Last Year
 Vietnam Targets Higher Exports to Africa; Trade Ministry to Send Delegations to Angola, Ivory Coast
 Argentina Exports About 492,807 Tons of Rice in January – November 2013; Down About 19% from
Last Year
 Oryza Global Rice Quotes
 Lanterns, Loincloths, and Rings of Rice
 Thai Rice Prices Will Fall If Government Doesn’t Creatively Use Rice Stocks
 Oryza U.S. Rough Rice Recap – Larger Mills Increase Bid Slightly; Farmers Continue to Hold Out For
Better Prices
 Bangladesh Farmers Achieve 25-30% Higher Rice Yield with Dry Bed Technique
 Oryza Rice Currency Analysis for Today – Brazil Real Retraces Recent Gains, Down 1%
 What a Joke: Rice ‘Magically’ Enters Nigeria, Despite No Ocean Port Arrivals since January 2012, Claim
Port Terminal Operators
 Accountability Up in Smoke? Fire Destroys Rice in a Thailand Warehouse
 Brunei Promises $1,260 per Ton for Local Paddy, Attracting Foreign Firms

Cell # 92 321 369 2874

 Oryza Afternoon Recap – Chicago Rough Rice Futures Continue to Rally as Technical Indicators Point to
Higher Prices; Grain Complex Falls
 Why is Rice Subject to India Service Tax but not Wheat?
 Brazil December 2013 Paddy Stocks Reach 904,423 Tons; Down 19% from Last Year
 Vietnam Targets Higher Exports to Africa; Trade Ministry to Send Delegations to Angola, Ivory Coast
 Argentina Exports About 492,807 Tons of Rice in January – November 2013; Down About 19% from
Last Year
 Oryza Global Rice Quotes

NEWS DETAILS:
Lanterns, Loincloths, and Rings of Rice
Feb 12, 2014 Since rice is such an important part of many people’s culture and
daily life, it’s not surprising how many celebrations around the world include rice
in their festivities.One of those celebrations – “hadaka matsuri” – is happening
today in the Inazawa in the Aichi Prefecture of Japan.Six days ago, 2,600
residents in the Heiwa district began making two huge “okagami-mochi”, or
round rice cakes. To make them, they used 67 bags of sticky rice, so the rice
cakes are massive, weighing about 4 tons altogether and each one measuring
about 2.5 meters in diameter. Today these rice cakes will be offered in front of the Owari Okunitamajinja
shrine to celebrate the “hadaka matsuri,” or naked festival. The
festival
has
been
celebrated since the 8th
century. In addition to the
rice
offering,
male
celebrants will perform a
ritual of good fortune
wearing loincloths and
traditional
tabi

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footwear.Earlier this week, another rice celebration was happening in Indonesia. On Sunday, people in
Surakarta, Central Java marked the 267th anniversary of the city with a Tumpeng Festival. Tumpeng, or rice
cone, was recently declared a national dish by the Indonesian government by the Tourism and Creative
Economy Ministry and the President is expected to sign a decree making it so and requiring all hotels and
restaurants to serve it to their guests.Tumpeng is a cone of rice, usually yellow rice, that is surrounded by meat
and vegetable dishes, such as fried chicken, sweet and spicy fried beef, mashed potato fritters, corn fritters, and
boiled marble egg.

The cone is made by using a woven bamboo container shaped like a cone. It frequently appears during
traditional ceremonies, and is thought to symbolize joy and gratitude. The shape of the tumpeng “represents
how most Indonesians perceive life, which should be balanced between their relationship with God and their
surroundings,” said Achyaruddin, the ministry’s director for special interest and meetings, incentives,
conferences, and exhibitions. He said that the tumpeng dish best represents the 300 different ethnic groups in
Indonesia and is the most widely-known and consumed.The government is really encouraging the popularity of
the soon-to-be official national dish, serving tumpeng at state banquets and holding trainings to help hotels and
restaurants learn to prepare it. The Ministry will also get professional chefs to market the dish in other countries
(there’s already a program underway in Amsterdam, the Netherlands), and it is providing more than $575,600 to
help promote the dish domestically and internationally. On Friday in China, the Lantern Festival will be
celebrated. It is the fifteenth day of the Chinese New Year and the last day of Spring Festival.
Celebrants usually light red lanterns and eat traditional dishes such as dumplings. These dumplings, called
tangyuan, are sweet, stuffed dumplings made with sticky rice and filled with various goodies, and some say they
are eaten during the Lantern Festival (also known as yuanxiao or “first night”) because they are shaped like the
full moon that occurs that day. However, a popular myth provides a much more whimsical reason.A young girl
named Yuan Xiao was working as a servant to the emperor during the Han Dynasty (206 B.C. to A.D.
220). She was chosen because she made the best tangyuan in the entire kingdom. The girl was very young and
missed her family very much.
One especially lonesome day when she was contemplating suicide an advisor to the emperor found her and
vowed to reunite her with her family. To do so, he pretended to be a soothsayer foretelling that the God of Fire
would burn down the capital on the fifteenth day of the first lunar month. When the emperor sought his advice,
he explained that the city should hang red lanterns and display fireworks to represent “fire” – and that they
should also have Yuan Xiao make some tangyuan for the God of Fire, since that’s his favorite dish. The

Cell # 92 321 369 2874

kingdom was invited to participate in the celebration, including the young servant girl’s family, who visited
with her.
Tags: rice festivals

Thai Rice Prices Will Fall If Government Doesn’t Creatively Use Rice Stocks
Feb 12, 2014

The former head of the Thai Rice Exporters Association (TREA) has publicly encouraged the government in
Thailand to decrease its estimated 20 million tons of rice stockpiles by producing ethanol or animal feed with
some of the older, lower-quality rice. Noting the implausibility in selling 10 million tons of rice to raise 100
billion baht (about $3 billion) to pay farmers who have been waiting for payments, the former TREA head
thinks the people would be better served if the government exported other products, like ethanol or animal feed
made from the rice. The honorary president of TREA said that if actions like this aren’t taken, it might take as
much as 5 years to utilize the current rice stocks. He fears that the price of Thai rice might drop by as much as
$30 a ton in the first quarter of 2014.
Tags: Thailand rice mortgage scheme

Oryza U.S. Rough Rice Recap – Larger Mills Increase Bid Slightly; Farmers
Continue to Hold Out For Better Prices
Feb 12, 2014

The U.S. cash market was uneventful today despite a slight increase in bids from larger mills as it did little to
entice any farmer selling.As of today, old crop offers could still be found as low as $15.55 fob farm (about $343
per ton) although most farmers are asking for $16.11 per cwt fob farm (about $355 per ton) or higher,
depending on where they are located.Bids from larger mills increased today to around $15.10 per cwt (about
$333 per ton) while bids for exporters were unchanged near $15.55 per cwt (about $343 per ton), both for
February through March delivery, although smaller mills were still bidding around $16.00-$16.25 per cwt
(about $353-$358 per ton) delivered mill.
Tags: U.S. rice prices, U.S. rice marke

Bangladesh Farmers Achieve 25-30% Higher Rice Yield with Dry Bed Technique
Feb 12, 2014

Bangladesh farmers have achieved 25% - 30% higher rice yield in the current boro season by using a new
system for growing IRRI-boro saplings called 'dry bed technology.' Many farmers in the northern region of the
country used this technology to grow IRRI-boro saplings and said that this system of growing saplings is better
than the traditional system as it saves land, time, money and labor.The new system allows the farmers to grow

Cell # 92 321 369 2874

saplings in dry beds and does not need much water unlike the traditional system in which the saplings have to
be grown in low lands where there is ample water.
The saplings grown in this method are not damaged by cold weather or heavy fog and they yield 25-30% higher
than the saplings grown by the traditional method. While 50-60 days are needed to grow saplings under
traditional method, only 25-30 days are needed using the new technology. Growing saplings with the new dry
technology needs about Tk 271,700 - Tk 284,050 (around $3,444 - $3,600) per hectare compared to Tk 382,850
- Tk 395,200 (about $4,853 - $5,009) per hectare with the traditional method. Also farmers can easily harvest
these saplings as they are healthy and strong.Nearly five hundred farmers in different villages in the
Lalmonirhat district have used the new system for producing IRRI-boro saplings, according to the district's
agriculture officer. At least 16 - 19 hectares of land have been used for producing IRRI-boro saplings using the
dry bed technology, and they are satisfied as they got 100% output from their seedbeds compared to only 50%60% output from the seedbeds sown under the traditional method. The officer noted that the agriculture officials
are encouraging farmers to grow saplings under the new method and said he was confident that more number of
farmers will use this method in the next season.
Tags: Bangladesh rice production, SRI, System of Rice Intensification (SRI)

Oryza Rice Currency Analysis for Today – Brazil Real Retraces Recent Gains, Down
1%
Feb 12, 2014

U.S. dollar index was up +0.07% from the open today, when it traded at 80.694 at the close.
Euro was weaker -0.34% by the close, trading around 1.3592 by end of day, after trading between an intraday
high of 1.3653 and low of 1.3562. Euro sold off on speculation the ECB will enact negative interest rates.
Thai baht was stronger +0.67%, trading at 32.520 at the close of business.
Indian rupee was stronger +0.18% at 62.1050.
Brazilian real was -1.06% weaker than the open at today’s close, when it ended at 2.4260 reais per dollar.
Pakistan rupee was +0.12% stronger at 105.2200.
Vietnamese dong was unchanged at 21105.
Mexican peso was -0.29% weaker today, when it traded at 13.3274 pesos per dollar by the close of business
today.

Cell # 92 321 369 2874

Chinese yuan was weaker -0.04%, trading at 6.0627.
Argentine peso was +0.07% stronger, trading at 7.8013 pesos per dollar.
Tags: foreign exchange rates

What a Joke: Rice ‘Magically’ Enters Nigeria, Despite No Ocean Port Arrivals since
January 2012, Claim Port Terminal Operators
Feb 12, 2014

While about half of Nigeria’s rice consumption comes from imported rice and cross border imports are illegal,
rice has not come into any of the country's ocean ports since January 2012, claim the Seaports Terminal
Operators Association of Nigeria, STOAN, according to local sources. No surprise, STOAN blames the high
import tariffs for incentivizing illegal rice imports via cross-border trade. Clearly, the high tariffs are not
working to reduce imports or raise money to encourage domestic production. In fact, Nigeria is losing import
revenue from rice, fish and automotives to its neighboring countries due to high import duties levied by the
Federal government, said the STOAN Chairman.Nigeria levies an import duty of 110% on well-milled rice and
brown husked rice. While the import duty on same varieties in Benin Republic is only 7%, and 0% in
Cameroon. The STOAN Chairman noted that Benin Republic is taking advantage of this huge differential and
imported about 2.2 million tons of rice in 2013 and of that that at least 1.6 million tons were brought into
Nigeria illegally through land borders. This scenario is amounting to heavy revenue losses to the government as
well as the port operators, she added.The Federal Government increased the import duties on rice in 2012 as
part of its Agricultural Transformation Agenda (ATA) in a bid to control rice imports and encourage the local
rice industry to increase rice production to meet the consumption needs of the Nigerian people. The government
is keen on banning rice imports in 2015 but many farmer groups say banning imports without substantial rise in
the production would be counterproductive to the economy. A recent agreement between Nigeria and Pakistan
to promote co-operation in textile, rice processing, pharmaceutical, agriculture and other sectors is a welcome
development for Nigeria, according to local sources.
According to the USDA, Nigeria’s rice imports in the MY 2013-14 are estimated to reach around 3 million tons,
up about 3.4% from about 2.9 million tons in the MY 2012-13. The USDA estimates Nigeria’s rice production
in 2013-14 to reach around 2.7 million tons, up about 12.5% from previous year's production of about 2.4
million tons. However, rice consumption in Nigeria is projected to increase to around 6 million tons in 2013-14,
up about 11% from around 5.4 million tons in the previous year.
Tags: Nigeria rice production. Nigeria rice imports

Accountability Up in Smoke? Fire Destroys Rice in a Thailand Warehouse
Feb 12, 2014

A fire that broke out at a rice warehouse in Thailand’s Lop Buri province on Tuesday damaged some of the
thousands of rice sacks stored inside, according to the local sources. All the rice stockpiles were part of those
pledged by the farmers under the government's rice-pledging scheme for the 2012 crop year.While reasons for
fire eruption are not clear, local sources say that a possibility of arson cannot be ruled out, especially

Cell # 92 321 369 2874

considering the timing. The fire incident came just one day after the angry rice farmers, who have been waiting
to receive payments, threatened to storm into all government warehouses to inspect stocks and the quality of
rice. As the government is preparing itself to sell nearly 1.2 million tons of rice from its warehouses, many
farmers' groups expressed concern about the quality of rice in the warehouses that is being auctioned. Some
even expressed doubts about pilferage in the warehouses.
Few days earlier, a rice expert warned of possible arsons at rice warehouses to destroy evidences of rampant
corruption in rice pledging scheme. The water gushed to stop fire would any way destroy rice sacks and it
cannot be proved if they were spoilt or become rotten before the fire, he says. This is am means of destroying
evidence, he adds.Meanwhile, the Public Warehouse Organization (PWO) has warned the farmers to seek
permission from the related authorities like the provincial governor, the Department of Internal Trade and the
Bank of Agriculture and Agricultural Cooperatives (BAAC) to check the quantity and quality of pledged rice.
The PWO Director said no farmers' group had filed any request to seek entry into any of the warehouses.
Tags:
Thailand rice mortgage scheme

Brunei Promises $1,260 per Ton for Local Paddy, Attracting Foreign Firms
Feb 12, 2014

Many foreign firms are interested to take part in the Brunei government’s rice paddy buyback program as the
price paid by the government is very attractive, at B$1,600 ($1,260) per ton according to the Head of the
country's National Rice Production Project (NRRP). Brunei, a tiny country in Southeast Asia, only produces
about 2,000 tons of paddy annually, supplementing rice consumption with imports of about 50,000 tons of rice
each year. Speaking at a Department of Agriculture and Agrifood (DAA) ceremony, the NRRP Head said that
the government is also keen on engaging foreign firms in local rice production as they would increase job
opportunities for local farmers.
He explained that the government's rice project would accept proposals from interested foreign firms but it
requires the firm to tie up with a local firm to ensure equal opportunities and participation of local farmers. He
added that the DAA would offer a contract for three years and would allocate certain land to them. The firm has
to develop rice plantation and sell the rice back to the government. The DAA already allocated about 18 - 24
hectares of land to a firm for three years and the contract would be extended if they perform well, he noted.The
local farmers are also eligible to participate in the government's rice buyback scheme and sell their harvest to
the government at B$1,600 ($1,260) per ton. The government will provide up to 50% discount in fertilizers and
insecticides to small-scale famers, who own less than five hectares of land. However, it will not provide any
price subsidies for large-scale farmers.The Brunei government has been taking many steps to increase rice
production in the country since 2009, when it aimed to become 60% self-sufficient in rice production by 2015, a
goal that looks very unlikely.
Tags: Brunei rice production, rice subsidies, National Rice Production Project (NRRP)

Cell # 92 321 369 2874

Oryza Afternoon Recap – Chicago Rough Rice Futures Continue to Rally as
Technical Indicators Point to Higher Prices; Grain Complex Falls
Feb 12, 2014

Chicago rough rice futures for March delivery settled 9.5 cents per cwt (about $2 per ton) higher at $15.625 per
cwt (about $345 per ton). Following a break yesterday, rough rice futures returned to their upward trajectory as
the bulls continue to push prices higher. Following a slight pullback overnight, the market shot quickly upward
upon the open of floor trading in Chicago this morning. Today’s rally was enough to maintain levels above
previously mentioned technical support provided by the 50-day moving average, and was ultimately enough to
see price break though and close above resistance at $15.590 per cwt (about $344 per ton) provided by the
slower moving 100-day moving average.
Further technical resistance is noted in the $15.66 per cwt (about $345 per ton), provided by the upper Bollinger
band, which currently acts as the markets price objective. Today’s activity has provided further confirmation of
the current trend for higher prices and provides a positive outlook for tomorrows trade direction. The other
grains were finished lower today; soybeans closed about 0.9% lower at $13.2300 per bushel; wheat finished
about 0.6% lower at $5.8700 per bushel; and corn finished the day about 0.3% lower at $4.4000 per bushel.U.S.
stocks were mixed on Wednesday, with Procter & Gamble's reduced earnings outlook weighing on the Dow
industrials and the S&P 500 little changed after its largest four-day rise in more than a year. The Dow Jones
Industrial Average fell 17.78 points, or 0.1%, to 15,976.99.
The S&P 500 added 1.68 points, or 0.1%, to 1,821.43, with technology and industrials the best performing and
consumer staples and energy the hardest hit of its 10 major industry groups. After turning higher on the year on
Tuesday, the Nasdaq was up 15.27 points, or 0.4%, at 4,206.31. Gold is trading about 0.4% higher, crude oil is
seen trading about 0.3% higher, and the U.S. dollar is seen trading about 0.1% higher at about 1:00pm Chicago
time.Tuesday, there were 1,171 contracts traded, up from 661 contracts traded on Monday. Open interest – the
number of contracts outstanding – on Tuesday decreased by 81 contracts to 8,331.
Tags: chicago rough rice futures, U.S. rice prices, U.S. rice market

Why is Rice Subject to India Service Tax but not Wheat?
Feb 12, 2014

The Chief Minister of the South Indian state Tamil Nadu has said that the levy of service tax on rice storage and
transport will increase the states' public distribution costs. She added that not treating rice as agricultural
product is especially troublesome for people residing in southern states, where rice is the staple food consumed,
describing the Central government's decision as "thoughtless, insensitive and discriminatory."Wheat is still so
far excluded from the service tax, as it’s defined as “agricultural produce.” In a letter to the Prime Minister,
the Tamil Nadu Chief Minister has asked the Centre to declare rice as "unambiguously" an agricultural product
making no process related to rice subject to the nation’s 12.36% service tax. She warned that the move would

Cell # 92 321 369 2874

also increase the price of rice in the open market, especially when citizens are facing high food inflation. She
said the decision would put an extra burden on State Governments' finances used for the public distribution
system and weaken government efforts to provide food security.Earlier this week, some opposition leaders also
urged the government to reconsider its decision on the levy of service tax on rice storage and handling charges.
Back in November 2013, the Union Finance Minister wrote a letter to the Minister of State for Consumer
Affairs, and Public Distribution System saying that rice and ginned baled cotton do not meet the definition of
“agricultural produce” and thus are no longer exempt from the service tax.

Brazil December 2013 Paddy Stocks Reach 904,423 Tons; Down 19% from Last
Year
Feb 12, 2014

Brazil paddy stocks reached about
904,423 tons in December 2013, down
about 5% from the previous month and
down about 19% from about 1.12
million tons recorded in December
2012, according to the national grain
supplying agency Conab.Most of the
decline in paddy stocks in Brazil is seen
in stocks held by farmers (Agriculture
Familiar). According to Conab, paddy
stocks with Agriculture Familiar have
declined to about 3,809 tons in
December 2013, down about 34% from
about 5,770 tons seen in December
2012. Paddy stocks with Federal
Government
Acquisition
(AGF) reached at about 346,235 tons, down about 8% from about 374,975 tons in December 2012, while
paddy stocks with the Selling Option Contract of Agricultural Products (OPCAO) reached at about 554,379 tons
in December 2013, down about 25% from about 736,581 tons recorded during same time in last year, Conab
reports.
Month -over- month, Brazil paddy stocks held by farmers are down about 6.5%, paddy stocks held by AGF are
down about 3% and paddy stocks under OPCAO are down about 7%.
Tags: Brazil paddy stocks, Conab

Cell # 92 321 369 2874

Vietnam Targets Higher Exports to Africa; Trade Ministry to Send Delegations to
Angola, Ivory Coast
Feb 12, 2014

The Vietnam Ministry of Industry and Trade (MIT) hopes to increase the country's exports to African countries
over the next few years, according to Vietnam government news sources. Exports to Africa comprise of nearly
30% of Vietnam’s total exports and Africa is the second largest importer of Vietnamese rice after China. In a
bid to secure more rice sales to the African countries, Vietnam’s MIT will send delegations to Angola and Ivory
Coast for trade promotion. The MIT will also invite African businesses to Vietnam to participate in rice trade
with local cooperatives and companies.
The MIT already signed Memorandum of Understanding with some African countries in 2013. The MoU on
rice trading with Guinea will allow Vietnam to sell about 300,000 tons of rice yearly to the country from April
1, 2013 - December 31, 2015. Similarly according to the MoU with Comoros, Vietnam will supply 60,000 tons
of rice per year for the country from August 2013 - December 2015. Vietnam also signed a MoU with Sierra
Leone.Rice consumption in Africa is rising rapidly in recent years due to Africans' rising population, increased
appetite for rice, and growing incomes and urbanization. Africa's urban consumers reportedly prefer rice to
other traditional food items. African countries with the highest annual per capita rice consumption are Guinea
Bissau with 112 kilograms, Sierra Leon 88.6 kilograms, Guinea 73 kilograms and Gabon 72
kilograms.According to data from the Vietnam Food Association (VFA), Vietnam exported about 6.7 million
tons rice in 2013, with about 2 million tons shipped to Africa. According to the USDA, there is heavy demand
for the Vietnam 5% broken rice rice and Jasmine rice in Africa.The USDA estimates Vietnam will produce 27.7
million tons of rice and export 7.5 million tons in 2013-14.
Tags: Vietnam rice exports, Africa rice imports

Argentina Exports About 492,807 Tons of Rice in January – November 2013; Down
About 19% from Last Year
Feb 12, 2014

Argentina’s total rice exports during January –
November 2013 reached 492,807 tons, down about
19% from about 608,176 tons rice exported in the
same period in 2012, according to the Ministry of
Agriculture.Rice exports by Argentina slowed down
sharply in November, hitting the lowest monthly
export level so far in this year. Argentina has exported
about 24,812 tons rice in November, down about 43%
from November 2012 and down about 56% from

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October 2013 export.Major rice export destinations for Argentina in November 2013 were: Brazil (15,726 tons
or about 63% of total exports), Chile (3,700 tons or about 15% of total exports) and Bolivia (3,598 tons or about
14.5% of total exports).
Tags: Argentina rice exports

Oryza Global Rice Quotes
February 12th, 2014
Long grain white rice - high quality
Thailand 100% B grade
450-460
Vietnam 5% broken 395-405
↔
India 5% broken
415-425
↔
Pakistan 5% broken 390-400
↔
Cambodia 5% broken 450-460
↔
U.S. 4% broken
575-585
↔
Uruguay 5% broken 625-635
↔
Argentina 5% broken 625-635
↔
Long grain white rice - low quality
Thailand 25% broken 390-400
↔
Vietnam 25% broken 370-380
↔
Pakistan 25% broken 345-355
↔
Cambodia 25% broken
420-430
India 25% broken
360-370
↔
U.S. 15% broken
550-560
↔

↔

↔

Long grain parboiled rice
Thailand parboiled 100% stxd
450-460
Pakistan parboiled 5% broken stxd 405-415
India parboiled 5% broken stxd
400-410
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%
945-955
Vietnam Jasmine
535-545
↔
India basmati 2% broken
1515 -1525
Pakistan basmati 2% broken NQ ↔

↔
↔
↔

↔
↔

Cell # 92 321 369 2874

Cambodia Phka Malis 895-905

↔

Brokens
Thailand A1 Super
310-320
↔
Vietnam 100% broken
355-365
Pakistan 100% broken stxd 320-320
Cambodia A1 Super 365-375
↔
India 100% Broken stxd
300-310
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%

620-630
NQ ↔

↔
↔
↔

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

For Advertising SPECS & RATES

Contact: Advertising Department
Mujahid Ali
mujahid.riceplus@gmail.com
+92 321 369 2874

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13th february,2014 daily exclusive oryza e newsletter by riceplus magazine

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13th february,2014 daily exclusive oryza e newsletter by riceplus magazine