Dear Subscriber,
We are pleased to send you the new issue of the FAO Rice Price Update:
Brief commentary:
* According to the FAO Rice Price Index, international prices of rice weakened somewhat in November, reflecting falling quotations of the lower quality Indica, Japonica and Aromatic rice.
* Thai prices were steady to higher despite the on-going harvest, as much of the new crop is being purchased by the government under the pledging programme.
* Prices moved higher in the United States and Argentina, while they tended to slide in India, Pakistan and Viet Nam under the pressure of newly harvested supplies. More generally, export prices appear to be moving side way or lower in major Asian origins, while they strengthened in North America and South America.
For more information on prices, you may wish to consult the International Commodity Price Database (http://www.fao.org/es/esc/prices/PricesServlet.jsp?lang=en&ccode=2311), which gives access to weekly prices of major traded products, including the high quality Thai white rice 100% B and the 100 % broken rice Thai A1 Super, from 1989 onwards. Monthly international and domestic prices for rice and other selected commodities in 82 countries are available through the Food Price Data and Analysis Tool (http://www.fao.org/giews/pricetool/).
You might also be interested to visit the FAO World Food Situation portal, which provides monthly updates on the World Cereal Supply and Demand Situation and Outlook (http://www.fao.org/worldfoodsituation/wfs-home/en/).
Kind regards,
Concepción
Concepción Calpe
Senior Economist,
Secretary, Intergovernmental Group on Rice
Trade and Markets Division
Food and Agriculture Organization of the United Nations
Viale delle Terme di Caracalla, Rome, Italy
D-803
Tel. 39-06-570 54136
Fax 39-06-570 54495
e-mail: [log in to unmask]<mailto:[log in to unmask]>
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