Noticias Generales
FAO Rice Price Update May 2018


  • The FAO All Rice Price Index (2002-2004=100) averaged 230.6 points in April 2018, up 3.4 points (1.5 percent) from March and its highest level since November 2014. Indica prices led last month’s advance, rising 4-5 percent above March levels on renewed Asian demand. By contrast, lackluster buying interest weighed on Basmati values, lowering the Aromatic Index by 2 percent month-on-month. April quotations of Japonica rice remained close to March values.
  • Asian prices of Indica rice were heavily influenced by the return of Indonesia and the Philippines to the international market during April.  In Pakistan, export values rose by 9 percent to 57-month highs following the conclusion of a 150 000 tonne sale to Indonesia's Bulog midway through the month. In Thailand and Viet Nam, support provided by previous large deals with Bulog was amplified by the launch of much-awaited G2G import tender by the Philippines on 27 April. Although the latter eventually closed with no awards, anticipation of sales to the Philippines lifted Indica prices in both countries 4-5 percent month-on-month. Sentiment tended to be less bullish in India, where price gains were capped by Rabi arrivals and a depreciating Rupee. In the Americas, export values held steady in Argentina and Uruguay, while supply tightness continued to underpin quotations in the United States. Prices also posted a 2 percent monthly upturn in Brazil, as support provided by multiple PEP and PEPRO auctions since February set in. The auctions, combined with a fast pace of sales since the start of the year, offset downward pressure stemming from a weaker Real and harvest progress.
  • According to the Index, international prices in the first four months of the year were 17 percent above their levels in the corresponding period of 2017.




















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