12th december,2013 oryza rice news shared by riceplus magazine

12th December , 2013

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TOP Contents - Tailored for YOU
Latest News Headlines by Riceplus Magazine
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Qatar Tenders to Buy 24,000 Tons of India Basmati Rice
Japan Government Officials Eat Fukushima Rice to Reassure Citizens
Oryza Afternoon Recap – Chicago Rough Rice Futures Break Through Support at $15.500; Grains
Recover Following Yesterday’s Losses
Thailand Rice Farmers Threaten to Block Roads in Protest of Late Payments
Thailand Rice Sellers Lower Some of Their Quotes; Indian Rice Sellers Increase Some of Their Quotes
Oryza Rice Currency Analysis for Today – Brazil Real Down 1.5%; Mexico Peso Down 1.1%
Conab Projects Higher Paddy Production in 2013-14
India Rice Stocks in Central Pool Reach at 28.19 Million Tons; Down 8% from Last Year
Oryza Global Rice Quotes

News Detail…

Qatar Tenders to Buy 24,000 Tons of India Basmati Rice
Dec 11, 2013

Qatar has tendered to buy 24,000 tons of basmati rice of Indian origin. Qatar’s state purchasing agency has
issued the tender. The deadline is December 23

Japan Government Officials Eat Fukushima Rice to Reassure Citizens
Dec 11, 2013

The accident at the Fukushima Nuclear Power Plant in Japan in March 2011 had catastrophic
consequences. The largest nuclear disaster since Chernobyl in 1986, Fukushima resulted in the evacuation of

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hundreds of thousands of people and the deaths or illnesses of thousands more. Even those who survived have
faced much difficulty, as they found their lives changed drastically. Many had to find new work, for example,
when
they
were
evacuated.
About 8 months after the accident, rice samples from Onami in Fukushima were tested and found to have
radioactive contamination above the government limit.
This resulted in a ban on rice from Onami. However, districts farther away from the factory had less severe
contamination, and government officials now say rice grown there is safe to eat.To prove their point,
government officials will eat rice from the Yamakiya district in Fukushima for nine days, according to local
media. Officials are confident that the rice contains no radioactive substances, and are willing to bolster that
claim by eating it themselves. Some officials have already sampled the rice and Parliamentary Vice
Environment Minister Tomoko Ukishima insists it “tasted especially good after the great effort put into
cultivating the crop.”
Tags: Japan rice production, Fukushima rice

Oryza Afternoon Recap – Chicago Rough Rice Futures Break Through Support at
$15.500; Grains Recover Following Yesterday’s Losses
Dec 11, 2013

Chicago rough rice futures for January delivery settled 8.5 cents per cwt (about $2 per ton) lower at $15.475 per
cwt (about $341 per ton). Rough rice futures returned to their trend of lower prices, closing below the closely
watched $15.500 per cwt (about $342 per ton) level for the first time since early November. Market participants
noted continued selling interest throughout the session, while some pointed to sporadic buying which pushed
prices back towards unchanged from time to time.
Rough rice futures continue to react to market specific influences and were seen lower despite a recovery in the
other grains today; soybeans finished the day about 0.4% higher at $13.4400 per bushel; wheat finished about
0.3% higher at $6.4175 per bushel; and corn finished the day about 0.8% higher at $4.3925 per bushel.U.S.
stocks continued to slide lower Wednesday, with the S&P seeing its biggest loss in nearly five weeks, amid
worries over the possibility of a pullback in the Federal Reserve's stimulus program following the provisional
budget deal in Washington. The Dow Jones Industrial Average declined nearly 100 points, falling from its
psychologically-important 16,000 mark. The S&P 500 fell below 1,800, while the Nasdaq also slid. Most key
S&P sectors were in the red, dragged by health care and materials. U.S. stock markets are currently trading
down about 0.4%, gold is trading about 0.3% lower, crude oil is seen trading about 1.2% lower, and the U.S.
dollar is seen trading about 0.1% lower at about 2:00pm Chicago time.
Turning to the daily continuation chart of Chicago rough rice futures for January delivery, the market broke
through and closed below a key point of support today finishing below $15.500 per cwt (about $342 per ton) for
the first time in weeks. Today’s action is seen as a further bearish development for the market and provides a

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negative outlook for tomorrow’s trade direction. However, a continuation lower will likely face headwind
around $15.450 per cwt (about $341 per ton) provided by the lower Bollinger band. Technically the market is in
bearish territory as it has dropped below most commonly followed moving averages. Today’s trading range is
noted as $15.465-$15.565 per cwt (about $341-$343 per ton).Tuesday, there were 1,329 contracts traded, up
from 498 contracts traded on Monday. Open interest – the number of contracts outstanding – on Tuesday
decreased by 678 contracts to 7,800.
Tags: chicago rough rice futures

Thailand Rice Farmers Threaten to Block Roads in Protest of Late Payments
Dec 11, 2013

Farmers in Thailand are threatening to block roads in 26 provinces in protest of the government not yet paying
them for their rice pledged under the nation’s rice mortgage scheme. The head of the Thai Rice Farmers
Association told local media that farmers haven’t been paid since October and need money for the next
crop. Trying to contain the volatile situation, the Thailand Commerce Minister said more funding has been
approved, according to the National News Bureau of Thailand. This is further political fuel on massive fire of
domestic unrest.
Tags: Thailand rice mortgage scheme

Thailand Rice Sellers Lower Some of Their Quotes; Indian Rice Sellers Increase
Some of Their Quotes
Dec 11, 2013

Thailand rice sellers lowered their quotes for parboiled rice and Hommali rice by about $5 per ton and $10 per
ton respectively to about $450 - $460 per ton and $965 - $975 per ton respectively today. India rice sellers
increased their quotes for parboiled rice by about $10 per ton to about $405 - $415 per ton. Vietnam and
Pakistan rice sellers kept their quotes unchanged.
5% Broken Rice
Thai 5% rice is quoted around $390 - $400 per ton, about a $30 per ton discount to Viet 5% rice shown around
$420 - $430 per ton.
Indian 5% rice is quoted around $415 - $425 per ton, about a $35 per ton premium over Pak 5% rice quoted
around $380 - $390 per ton.

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25% Broken Rice
Thai 25% rice is quoted about $365 - $375 per ton, and about a $30 per ton discount to Viet 25% rice shown
Indian 25% rice is quoted about $375 - $385 per ton, about a $35 per ton premium over Pak 25% rice quoted
Parboiled Rice
Thai parboiled rice is quoted around $450 - $460 per ton, down about $5 per ton from yesterday.
Indian parboiled rice is quoted around $405 - $415 per ton, up about $10 per ton from yesterday and about a
$25 per ton discount to Pak parboiled rice last quoted around $430 - $440 per ton.
100% Broken Rice
Thai broken rice, A1 Super, is quoted around $330 - $340 per ton, about a $35 per ton discount to Viet broken
rice shown around $365 - $375 per ton.
Indian broken sortexed rice is quoted about $315 - $325 per ton, about a $5 per ton discount to Pak broken
sortexed rice quoted around $320 - $330 per ton.
Tags: asian rice export quotes

Oryza Rice Currency Analysis for Today – Brazil Real Down 1.5%; Mexico Peso
Down 1.1%
Dec 11, 2013

U.S. dollar index was down -0.12% from the open today, when it traded at 79.868 at the close.Euro was
stronger +0.18% today by the close, trading around 1.3786 by end of day, after trading between an intraday high
of 1.3811 and low of 1.3741. The Euro rallied despite an apparent budget deal in Washington.Thai baht was
weaker -0.06%, trading at 32.080 at the close of business.Indian rupee was -0.35% weaker, trading at 61.2525.
Brazilian real was -1.52% weaker than the open at today’s close, when it ended at 2.3423 reais per
dollar.Pakistan rupee was +0.38% stronger at 107.3625.Vietnamese dong was stronger +0.02% at
21115.Mexican peso was -1.13% weaker today, when it traded at 13.0141 pesos per dollar by the close of
business
today.Chinese
yuan
was
-0.01%
weaker
at
6.0719.
Argentine peso was -0.21% weaker at 6.2766 pesos per dollar.
Tags: foreign exchange rates

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Conab Projects Higher Paddy Production in 2013-14
Dec 11, 2013

Brazil’s paddy production in 2013-14 is projected at about 12.22 million tons, according to Conab, up 4% from
about 11.75 million tons in 2012-13. The year-over-year increase is due expectations for higher acreage and
higher yield, projected up 1% and 3% respectively. Increased rice acreage in the South is expected to more than
make up for falling rice area in much of the rest of Brazil.

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Tags: brazil paddy production, Brazil rice production

India Rice Stocks in Central Pool Reach at 28.19 Million Tons; Down 8% from Last
Year
Dec 11, 2013

India’s rice stocks in the central
pool as of December 1, 2013 are
reported around 28.19 million tons
(including a milled equivalent of
around 21.504 million tons of
paddy), down about 8% from about
30.607 million ton recorded same
time last year, according to data
from the Food Corporation of India
(FCI).
Month-over-month, India's rice
stocks in the central pool are down
slightly from last month's stock of
around
28.23
million
tons.
However, current rice stocks are
about four times the required buffer
and strategic reserve norms of
around 7.2 million tons for this time
of
the
year.
Total food grain stocks (including
rice) with FCI reached at around
59.29 million tons as of December
1, 2013, down about 5% from last
month and down about 13% from
last year. That includes about 31.07
million tons of wheat.
Tags: India rice stocks, Food Corporation of
India (FCI)

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Oryza Global Rice Quotes
December 11th, 2013

Long grain white rice - high quality
Thailand 100% B grade
410-420
Vietnam 5% broken 420-430
↔
India 5% broken
415-425
↔
Pakistan 5% broken 380-390
↔
Cambodia 5% broken 455-465
↔
U.S. 4% broken
585-595
↔
Uruguay 5% broken 625-635
↔
Argentina 5% broken 625-635
↔

↔

Long grain white rice - low quality
Thailand 25% broken 365-375
↔
Vietnam 25% broken 395-405
↔
Pakistan 25% broken 340-350
↔
Cambodia 25% broken
430-440
India 25% broken
375-385
↔
U.S. 15% broken
565-575
↔

↔

Long grain parboiled rice
Thailand parboiled 100% stxd
450-460
Pakistan parboiled 5% broken stxd 435-445
India parboiled 5% broken stxd
405-415
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%
965-975
Vietnam Jasmine
615-625
↔
India basmati 2% broken
1515 -1525
Pakistan basmati 2% broken NQ
↔
Cambodia Phka Malis 905-915
↔

↓
↔

Brokens
Thailand A1 Super

330-340

↔

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Vietnam 100% broken
365-375
Pakistan 100% broken stxd 320-330
Cambodia A1 Super 380-390
↔
India 100% Broken stxd
315-325
Egypt medium grain brokens NQ
↔
U.S. pet food 390-400
↔
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
Cell # 92 321 369 2874

12th december,2013 oryza rice news shared by riceplus magazine

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12th december,2013 oryza rice news shared by riceplus magazine