Dear Subscriber,

We are pleased to send you the new issue of the FAO Rice Price Update: 

Brief commentary:              

ˇ         International rice prices averaged lower in 2012 than in 2011, confirming the easing of market conditions witnessed in the course of the year. The weakening concerned all the rice varieties, from Indica to Japonica and aromatic rice. However, prices of Thai rice strengthened, contrasting with the general tendency.

ˇ         Looking at the monthly changes, FAO’s All Rice Price Index retreated by 2.6 percent in December 2012 compared with the previous month, driven by falling quotations of lower and higher quality Indica and Japonica, while aromatic rice registered a slight increase.

ˇ         The December price weakness affected rice from most origins, especially from Viet Nam and Pakistan, with rice from Thailand showing some resistance to the tendency. On the other hand, prices of Indian Basmati rice rebounded sharply. 

 

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 81 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/).

We wish you all a very happy 2013!

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]

 



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