FAO RICE PRICE UPDATE

December 2011

Use of material is subject to credit being given to source:

FAO Rice Price Update
Trade and Markets Division
Food and Agriculture Organization of the United Nations
Contact or enquiries
Facsimile: ++(39-06) 570-54495
Telephone: ++(39-06) 570-54136
E-mail: Commodity-Queries@fao.org

RICE EXPORT PRICES

Thai
White
100% B
Second
grade

Thai
Parboiled
100%

311
335
695
587
518

U.S.
Long
Grain
2,4%

Thai
5%

300
332
722
619
532

394
436
782
545
510

304
325
682
555
492

266
313
614
432
416

279
338
584
459
499

247
292
...
...
...

230
290
498
351
372

269
305
603
460
444

Viet
5%

Argentina
max 10%

India
25%

Pak
25%

Thai
25%

1/

U.S.
California
Medium
Grain

249
294
553
384
387

217
275
506
329
386

512
557
913
1019
764

516
677
1077
937
881

470
550
914
954
1045

Viet
25%

Thai
A1
Super

Pak
Basmati
Ordinary

Thai
Fragrant
100%

2/

(US $/tonne, f.o.b.)

2006
2007
2008
2009
2010
2010
November
December
2011
January
February
March
April
May
June
July
August
September
October
November

541
564

557
552

573
600

524
547

481
495

510
510

...
...

429
431

478
486

452
458

430
423

852
871

1200
1150

1152
1141

542
554
524
507
500
518
548
582
618
620
649

542
551
524
516
508
521
548
588
625
610
624

601
582
562
528
518
529
549
605
650
639
597

525
538
507
490
483
502
532
566
601
604
632

495
460
462
457
469
464
505
564
555
576
560

510
510
510
510
496
450
450
450
450
450
450

...
...
...
...
...
...
...
...
437
419
396

428
428
426
424
430
454
467
466
455
418
405

472
490
476
465
460
468
490
520
550
556
594

455
420
426
421
438
430
466
530
515
524
515

412
433
429
423
419
421
445
471
497
505
553

871
871
871
871
871
871
871
866
860
860
860

1150
1150
1150
1150
1025
938
910
875
950
962
950

1016
978
984
990
993
1007
1062
1096
1110
1140
1141

2010 Jan.-Nov.
2011 Jan.-Nov.
% Change

514
560
9.0

530
560
5.6

502
578
15.1

487
544
11.6

409
506
23.7

497
476
-4.2

...
417
...

367
436
18.9

440
504
14.5

380
467
22.8

383
455
19.0

754
868
15.1

857
1019
19.0

1036
1047
1.0

Sources: Jackson Son & Co. (London) Ltd., Thai Department of Foreign Trade (DFT) and other public sources.
1/ White broken rice. 2/ No. 1, maximum 4-percent brokens, sacked, California mill.
... = unquoted
Note: Please note that data may have been subject to revision due to temporary unavailability and/or late publishing of weekly price quotations.

FAO Rice Price Update December 2011

Rice Export Prices

US$/tonne
700
650
600

US 2/4%

550

Thai 100% B

500

Viet 5%

450

Pak Irri-25%

400

Thai A1 Super

350

Nov-11

Sep-11

Jul-11

May-11

Mar-11

Jan-11

Nov-10

300

FAO Rice Price Indices (2002-2004=100)

All

2006
2007
2008
2009
2010

137
161
295
253
229

Indica
High
Low
quality
quality
135
156
296
229
211

129
159
289
197
213

Japonica

Aromatic

153
168
315
341
264

117
157
251
232
231

November
257
233
243
294
261
December
256
240
243
288
251
253
237
240
288
240
2011 January
February
255
235
238
299
237
March
248
227
238
284
237
April
245
218
235
284
235
May
242
219
239
273
225
June
247
222
242
288
218
July
251
232
255
276
220
August
260
249
272
273
220
September
260
256
266
268
226
October
253
255
261
252
229
November
252
252
262
249
226
227
208
209
262
230
2010 Jan.-Nov.
251
237
250
276
228
2011 Jan.-Nov.
% Change
10.9
13.7
19.3
5.4
-0.5
Source : FAO
N.B. - The FAO Rice Price Index is based on 16 rice export quotations. "Quality" is
defined by the percentage of broken kernels, with high (low) quality referring to rice
with less (equal to or more) than 20 percent brokens. The Sub-Index for Aromatic Rice
follows movements in prices of Basmati and Fragrant rice.
2010

FAO Rice Price Update December 2011