RiceNews - Ente Nazionale Risi

Rice industry and
trade News
RiceNews
ENTE
NAZ
RISI
year 6° - n. 62
September 2016
Data update: end of August
Editor in chief
Dr Roberto Magnaghi
Total sales ('000 t)
Sales
800
Stocks to use
Paddy price - Vercelli Commodity Exchange
(€/tonne)
last
previous
Total sales one year ago
105,151
N.Q.
700
Thaib.
600
500
280
Ribe
400
N.Q.
Arborio
300
200
1,405,613
N.Q.
Selenio
100
0
0
Round
Medium
Lon g A
Lon g B
100
200
300
400
500
600
700
800
In focus
In the last two months paddy sales by farmers reached 161,105 tonnes: 89,795 tonnes of long A grain, 34,368 tonnes of round grain,
33,467 tonnes of long B grain and 3,475 tonnes of medium grain. Total sales reached 93% of the total stock, 17,412 tonnes (-1,2%) less
than last year, when total sales reached 98%.
At Commodity Exchange in Vercelli the paddy price decreased for Ribe (-5 €/tonne); the other varieties were not quoted.
Basmati husked rice imports
(tonnes)
Import Export EU (’000 tonnes milled rice equivalent)
500,000
Imp indica
450,000
400,000
350,000
Imp japonica
300,000
250,000
200,000
Exp japonica
150,000
100,000
50,000
15/16
Exp indica
0
200
400
600
14/15
800
1,000
0
201 2/2 013
1,200
PAK IS TAN
201 3/2 014
201 4/2 015
INDIA
201 5/2 016
TOTALE
In focus
EU imports amount to 1,239,615 tonnes in milled rice equivalent, 71,705 tonnes (+6.1%) above the previous year level. Husked rice
imports increased of 77,993 tonnes (+10.8%), while milled rice imports, which amount to 691,016 tonnes, increased of 17,631 tonnes
(+2.6%).
EU exports, amounting to 233,044 tonnes in milled rice equivalent, increased of 5,373 tonnes (+2.4%) compared to the previous campaign:
3,025 tonnes (+1.6%) of Japonica and 2,348 tonnes (+7%) of Indica.
Ente Nazionale Risi - Milan
c.f. 03036460156 www.enterisi.it e-mail: [email protected] tel. +39 02.88.55.111 fax +39 02.30.13.10.84
Milled rice international FOB quotes
Asian Markets
Weekly prices ($/t)
1 € = 1.1168 $
$/t
€/t
Thai 100%B
373
334
Vietnam 5%
342
306
India 5%
355
318
Pakistan 5%
340
304
Pakistan 25%
320
287
Cambodia 5%
420
376
918
$/t
€/t
Uruguay 5%
480
N.A.
Argentina 5%
480
N.A.
Paraguay 5%
480
N.A.
USA LG 2/4%
475
425
Other Markets
Thai 100%B
Viet 5%
1,025
India Basmati traditional
500
California MG 1/4% Med
610
546
Egypt Medium Grain 2/5%
N.A.
N.A.
Egypt Round Grain 2/5%
N.A.
N.A.
Pak 5%
Pak 25%
450
400
350
300
250
9/2/15
9/16/15
9/30/15
10/14/15
10/28/15
11/11/15
11/25/15
12/9/15
12/23/15
1/6/16
1/20/16
2/3/16
2/17/16
3/2/16
3/16/16
3/30/16
4/13/16
4/27/16
5/11/16
5/25/16
6/8/16
6/22/16
7/6/16
7/20/16
8/3/16
8/17/16
8/31/16
Exchange rate
Rapid Alert System (Source: EFSA)
The following notifications were sent in the last two months:
 A border rejection by United Kingdom, concerning unauthorised genetically modified (Bt63) organic red yeast rice from China.
 Two border rejection by United Kingdom, concerning unauthorised genetically modified (postive for CrylAb-gene SYBR green)
organic red yeast rice from China.
 An alert by Germany, concerning too high content of gluten (191 mg/kg - ppm) in gluten-free, egg-free chocolate glazed rice rings
from Germany.
 An alert by Germany, concerning too high content of gluten (85 mg/kg - ppm) in gluten-free rice biscuits from Germany.
 An alert by Germany, concerning too high content of gluten (240 mg/kg - ppm) and undeclared wheat (230 mg/kg - ppm) in
gluten-free rice biscuits from Germany.
TTIP, the end of the free trade between the EU and USA? (Source www.euronews.com)
France is to call for an end to negotiations on the Transatlantic Trade and Investment Partnership (TTIP) at a
meeting of foreign trade ministers in September. France effectively joins Germany, whose Economy Minister
Sigmar Gabriel said that talks on the trade deal being thrashed out between the European Commission and the
USA had “de facto failed.” Foreign Minister Frank Walter Steinmeier was more cautious, but admitted work is
needed. He said an agreement appears a long way away and confirmed the pace of the discussions remains
unclear. USA and EU negotiators are pressing ahead, they say. EU Commission spokesman Margaritis
Schinas stressed progress was being made.
Egypt halts rice exports (Source: www.middleeastmonitor.com)
Egypt decided to halt the exportation of all kinds of rice outside the country this year in order to cover the
domestic market’s needs and to keep prices stable. The Egyptian Cabinet decided to purchase long grain rice
from farmers for $ 259/tonne and short grain rice for $ 270/tonne. It is expected to receive up to two million
tonnes of rice from farmers in the coming period. President Abdel Fattah Al-Sisi stressed that it is necessary to
cultivate all the area of land allocated to rice growing, and to ban the export of rice in order to ensure lower
prices for nationals.
Vietnam’s rice exports to EU: making the most of zero tariff (Source: http://e.vnexpress.net/)
Vietnam's rice exports will enjoy a zero percent tariff to the European Union from 2018. The free trade
agreement between Vietnam and the EU (EVFTA), which comes into effect in 2018, will allow the country to
export 100,000 tonnes of rice each year to the EU, quadruple the current figure. Broken rice will be exempt
from import duties for seven years with no limit on quantity.
Ente Nazionale Risi - Milan
c.f. 03036460156 www.enterisi.it e-mail: [email protected] tel. +39 02.88.55.111 fax +39 02.30.13.10.84