Professional Documents
Culture Documents
December 11 ,2015
Vol 5,Issue XII
www.ricepluss.com
www.riceplusmagazine.blogspot.com
Cambodia failed to achieve the self-imposed target of exporting one million tons of rice by 2015
due to inadequate milling and storage facilities as well as access to finance, the Xinhua News
Agency quoted the country's Prime Minister as saying at a national conference.
"So far this year, we had exported only half a million tons of milled rice, or about 50 percent of
the target, so we cannot achieve the target of exporting 1 million tons of milled rice by 2015," he
was quoted. "Tough competition with other rice exporters such as Thailand, Vietnam, Myanmar,
and India was also a contributing factor to the failure," he added.
The government set the target in 2010.
The Ministry of Agriculture is estimating the 2015 paddy rice output to exceed 9.2 million tons,
including about 2.1 million tons from the dry season crop and about 7.1 million tons from the
main season crop. It is expecting around 3 million tons of milled rice available for exports in
2016.
China, France, Poland, Malaysia, and the Netherlands are the major destinations for Cambodia's
milled rice.
Cambodia has exported around 369,105 tons of milled rice in the first nine months of 2015, up
about 37% from around 269,370 tons exported during the same period last year. The Southeast
Asian nation exported around 370,000 tons of rice in 2014.
USDA estimates Cambodia to export 1.1 million tons of rice (including official and unofficial
exports to Vietnam and Thailand through borders) in 2015, up about 10% from an estimated 1
million tons in 2014.
The government of the Philippines will buy an additional 300,000 - 400,000 tons of rice in the
second quarter of 2016 to ensure adequate stocks amid concerns of extending dry conditions
because of the El Nino weather phenomenon, according to Reuters. The National Food Authority
South Korea's state run Agro Fisheries & Food Trade Corporation (KAFTC) has purchased
55,555 tons of non-glutinous brown rice of China and U.S. origins for delivery between March
31, 2015 and April 30, 2015 in tenders that closed on December 9, 2105, according to a
statement on its website.
The details of the bidding are as follows:
Vietnam 5% broken
370-380
India 5% broken
345-355
Pakistan 5% broken
330-340
Myanmar 5% broken
410-420
Cambodia 5% broken
415-425
U.S. 4% broken
485-495
Uruguay 5% broken
515-525
Argentina 5% broken
530-540
335-345
355-365
300-310
320-330
515-525
345-355
590-610
545-555
405-415
690-700
440-450
NQ
NQ
Brokens
325-335
Thailand A1 Super
285-295
355-365
280-290
NQ
330-340
NQ
Indias rice stocks in the central pool as of December 1, 2015 stood at around 11.315 million
tons (including a milled equivalent of about 2.041 million tons of paddy), down about 48% from
around 21.57 million tons recorded during the same period last year, according to data from the
Food Corporation of India (FCI).
Month-over-month, India's rice stocks in the central pool are down about 8% from around 12.27
million tons recorded on November 1, 2015. The current rice stocks are about one million tons
more than the required strategic reserve norms of around 10.25 million tons for this time of the
year, according to the FCI.Total food grain stocks (including rice and wheat) in the central pool
stand at around 38.278 million tons as of December 1, 2015, down about 22% from last year's
stock of around 49.381 million tons and down about 9% from last month's stock of around 42.26
million tons. Wheat stocks stand at around 26.88 million tons, down about 2.5% from last year's
stock of around 27.569 million tons and down about 10% from last month's stock of around
26.88 million tons.The government of India had revised the buffer norms for food grains,
including rice, in the Central Pool in January this year. According to the new norms, buffer
stocks for food grains to be maintained with the FCI at this part of the year is 30.77 million tons.
Exclusive News have been shared with written permission of ORYZA.com with thanks