Rice Daily Fundamental Report 20- December Domestic Market Highlights:

Transcription

1 Domestic Market Highlights: As per FCI latest data, progressive paddy procurement as on 18th December-2017 for KMS reached to lakh tons which is up by 2.32% from corresponding period last year procurement of 208 Lakh tons. Higher procurement has been received from northern states of Punjab ( lakh Tons), Haryana (39.67 lakh tons), and U.P (13.29 lakh tons) and in south it is started in Telangana (10.15 Lakh Tons). Andhra Pradesh Government procurement also increasing day by day and it has reached 6.90 lakh tons. Government agencies have procured 99% of the paddy arriving in the grain markets in Punjab and nearly 95 per cent in Haryana. The remaining paddy has been procured by rice millers and private traders. Punjab is expecting a record procurement of over 182 lakh tons of paddy this year compared with over 168 lakh tons of the bumper crop last year. Average monthly wholesale non-basmati rice prices in India stood at around Rs.2999 per quintal in second week of December- 2017, up by about 0.52% from around Rs.2984 per quintal in previous week, and up by about 4.33% from around Rs.2875 per quintal a year ago. Agriwatch expects non-basmati rice market to move range bound with firm tone in coming month due to overseas and local demand. The rabi paddy sowing has started all over India and as per latest data available acreage for MY is lakh hectares- up 39.30% from last year s acreage of 9.25 lakh hectares and up about 31% from normal area as on date of 10.2 lakh hectares. Andhra Pradesh rabi paddy area is up by 129% from last year and 1.54 lakh hectares is completed till date. The area covered by rice, though small compared with other rabi crops, was up 40% at lh, thanks to a spurt in rice acreage in Tamil Nadu, which received bountiful rains after three years of continuous drought. Marking a four-fold increase in paddy procurement, the Uttar Pradesh government today informed that it has procured lakh tons paddy as on 09 for Rs 2,250 crore, thus benefiting 1,68,112 farmers. The support price for purchase of paddy from farmers is Rs 1,550 per quintal and the government will ensure that they are not forced to sell their produce at a price less than the support price. Indian FOB for 1121 steam in the month of November moved weak from last month and currently is in the range of USD 1126/MT which is down by 3.7% from last month price of USD 1169/T due to supply pressure in local markets. Aromatic rice prices too weak this month even with active demand from international markets. According to the UN's Food and Agriculture Organization (FAO), Currently Pakistani basmati FOB is moving weaker from last month and now it s hovering in the range of USD 1155/MT which is down by 1.17% from last month FOB of USD 1169/MT. India s rice stocks in the central pool as on November- 1, 2017 stood at around million tons down by about 12.85% from around 31.2 million tons recorded during the corresponding period last year, according to data from the Food Corporation of India (FCI). India's rice stocks in the central pool are up about 64% from around million tons recorded on October-01, 2017.Highest stock could be seen in the state of Punjab(44.33 lakh tons ) followed by Madhya Pradesh(52.43 lakh tons) and Andhra Pradesh(12.06 Lakh Tons).

2 Price Outlook: - Rice prices are expected to ease to some extent in November with the arrival of the new crop across the country. However, domestic prices during the marketing year will also depend on the export demand and international price movement. International Market Highlight: Unofficial and preliminary Thailand rice exports (excluding premium white and fragrant rice) for November 27 December 3, 2017, totaled 207,317 metric tons, down 28,199 metric tons from the previous week and up 5,163 metric tons from the four-week moving average of 202,154 metric tons. Rice exports from January 1 December 3, 2017, totaled 8,534,249 metric tons. According to the Vietnam Food Association, Vietnam exported nearly 5.2 million tons of rice in the first 11 months of the year, surpassing the figure of the entire 2016 at 4.9 million tons. In November, rice export volume exceeded 371,000 tons, down from over 437,000 tons in October. The drop was attributed to limited supply after harvest of the autumn-winter crop completed in the Mekong Delta, the main source of rice for export. The USDA forecast that India and Thailand will continue to lead the world in rice export, while Vietnam s rice exports could reach six million tons in 2018, an increase of 6.6 percent from this year, driven by demand in Southeast Asia, particularly in the Philippines. Cambodia exported 562,237 tons of milled rice in the first 11 months of 2017, up 17 percent compared with the same period last year. China is still the top buyer of Cambodian milled rice, followed by France and Poland. Export to China accounted for 165,000 tons, or 29.3 percent of the total exports, during the January-November period this year, Cambodia is expected to sell 200,000 tons of rice to China this year and up to 300,000 tons next year. Pakistan Rice export from the country during first 4 months (July-October) of current fiscal year which is up by 16.87% as compared to same period of last year. The rice export during the period under review rose to $ million from $ million during July-October On month-on-month basis, the rice export also increased to $ million in October 2017 from $ million in September 2017, showing an increase of per cent. As per latest data by USDA, Iran rice production for MY is same as last year of around 2.2 million tons and country consumes 3 million tons of rice a year. Therefore, there is a need for around 800,000 tons of imports every year and thus the temporary ban was lifted last Tuesday as per a directive by the Ministry of Industries, Mining and Trade and was supposed to last until July 22, However import tariffs have increased from 22% four years ago to 40% at present for the same reason. Pakistan's rice exports surged by 28.74% during the first three months of the country's current fiscal year starting from July Rice exports from the country jumped to 621,094 metric tons during the period as compared to the exports of 482,445 metric tons of the same period last year. Exports of the Basmati rice rose by 2.43% and reached at 86,672 tons valuing at million dollars in the three months as against 92,321 metric tons worth million dollars of the same period last year. Japan s MAFF regularly maintains 828,100 MT of rice in reserve. An additional 640,000 MT (actual tonnage) of MA rice stocks were held (as of October 2016), of which 350,000 MT (actual tonnage) is set aside for the GOJ contingency feed grain reserve. As a result of the decline in table rice

3 production, private stocks have decreased in 2016 and Accordingly, aggregated ending stocks are expected to total 2.4 million MT in MY2016/17, and are forecast to further decline to 2.2 million MT in MY2017/18 (given an anticipated decrease in production). Major States Rice AW Price Variety wise Rice Daily Prices: Centre Variety Prices (Rs/Qtl) 19-Dec Dec-17 Change 1121 Paddy Paddy Basmati Rice (Raw Wand) Sarbati Sella Wand SBT Raw Wand Parmal Sella wand Delhi (Naya Bazar) Parmal Steam Wand Parmal Raw Unch DB Raw Wand Raw Wand Sella Wand Steam Wand Steam wand Sella Wand Sarbati Sella Rice Unch Sarbati Raw Rice Unch Sarbati Steam Unch Basmati Rice Raw Unch Basmati Paddy Unch Parmal Govt Quality/ Unch Punjab (Amritsar) Parmal Steam Wand/ Unch 1121 Steam Wand Unch 1121 Sella Wand Unch 1121 Paddy Unch 1509 Paddy Unch 1509 Sella Unch 1509 Steam Unch Haryana (Karnal) Basmati Rice Raw Unch

4 Sarbati Steam Unch Sarbati Sella Unch Parmal Raw Rice/14/13/ Unch IR Unch 1121 Sella Wand Unch 1121 Paddy Unch Parmal Sella/ Unch DB Sella Wand Unch DB Steam Unch 1121 Steam Unch Basmati Paddy 31no Unch PR-Steam Unch 1509 Paddy Unch 1509 sella Unch Swarna Parboiled 5% Silky Sortex Swarna Parboiled 100% Silky Sortex West Bengal (Kolkata) IR-36 Parboiled 5% Silky Sortex IR-64 Parboiled 25% Silky Sortex Miniket 5% Broken A.P (Kurnool) Sona Fine (Rice) Unch A.P (Machilipatnam) B.P.T (Rice) NA NA - Paddy Prices in Various Markets Market Center Arrivals Variety Minimum Price Maximum Price Modal Price Paddy(Dhan) Andhra Pradesh Akiveedu NR MTU Ambajipeta NR MTU (New) Anaparthy 0.1 MTU Attili NR Other Badvel Molagolukulu (New) Banaganapalli NR Sona Mahsuri Bhimavaram 0.1 (New) Chintalapudi 0.2 MTU MTU Chipurupalli NR Chodavaram 0.1 Samba Masuri Darsi 0.1 B P T

5 Dharmavaram NR B P T Eluru NR Other Gudur 0.1 MTU Hiramandalam 191 Paddy Jaggampet NR (New) Jaggayyapeta NR B P T Kakinada Kalyandurg NR Sona Koilkunta NR B P T Kondapi 0.1 B P T Kothabommali NR Paddy Kothapeta NR MTU Kothavalasa Kurupam Mandapeta 0.1 Paddy Mummidivaram NR Paddy Mydukur NR Masuri Nagaram NR Paddy Nandyal 0.1 Sona Mahsuri Narasannapet NR Paddy Narasaraopet NR B P T Narsapuram NR MTU Parchur NR B P T Pathapatnam NR Paddy Penugonda NR Paddy Polavaram NR Sona Masuri (OLD) Proddatur Pusapatirega NR Rajahmundry NR MTU (New) Rajam Razole NR Samalkot 0.1 Paddy Sampara NR B P T (New) Sattenapalli NR B P T Srikalahasti NR ADT B P T Tadepalligudem NR MTU Tanuku NR MTU Tellarevu Thottambedu 0.1 B P T Tirupati NR Paddy Coarse Tuni NR (OLD) Vijayanagaram Vuyyur NR B P T Assam Gauripur

6 Howly 210 Common Bihar Hajipur NR Other Chattisgarh Abhanpur 12 Common Paddy Amadula Paddy Coarse Belarbahara I.R Belargaon I.R Boraee I.R Champa Paddy Charama Other Gandai 80 Paddy Gattasilli I.R Kota 1100 Paddy Paddy fine Lakhanpuri Other Nagari I.R (New) Naila Paddy Paddy Coarse Narharpur Other Pandariya NR Common Paddy fine Pratappur 1.5 I.R Ramanujganj Other Ratanpur 260 Paddy Paddy fine Sakri 71.3 Paddy Takhatpur Paddy Paddy fine Gujarat Dahod Paddy Coarse Paddy fine Dehgam 32.8 Other Gogamba(Similiya) NR Other Kalol 24.5 Other Khambhat(Grain Market) 1123 Other Paddy Meghraj NR Other Mehmadabad NR Jaya Savli NR Other Sona Savli(Samlaya) NR Other Sona Songadh 88.1 Other Tarapur Other

7 Thasara 170 Paddy Haryana Ganaur Basumathi Panipat 1375 Basmati Jharkhand Gumla NR Other Lohardaga NR Paddy fine Paddy Medium Karnataka Bangarpet 21 Paddy fine Chintamani 16 Jaya Haliyala 30 Paddy Medium Hanagal 81 Paddy Harihara 164 Sona Honnali 17 Paddy Medium Mangalore 16 Paddy Moodigere 10 Paddy Medium Santhesargur 16 Paddy Siddapur 5 Paddy Srirangapattana T. Narasipura 288 Paddy Kerala Manathavady NR Other Pulpally 3 Other Madhya Pradesh Dindori Paddy Hoshangabad Basumathi Common Katangi Common Other Maharashtra Kolhapur(Laxmipuri) 255 Paddy Mangaon 2 Other Orissa Attabira Other Bhadrak Bonai 6 Other Dungurapalli Other Godabhaga Other Hindol NR Other Jeypore Other Jeypore(Kotpad) Common Junagarh Other Kalahandi(Dharamagarh) Other Kamakhyanagar NR Kendrapara 28 Paddy Kendrapara(Marshaghai) 32 Other Nawarangpur Pandkital Other Pattamundai 15 Other Sahidngar

8 Punjab Bariwala Budalada 250 Basumathi Faridkot 100 Basumathi Gehri(Jandiala mandi) 65 Other Khanna 392 Basumathi Rajasthan Baran 300 Other Hanumangarh 95.4 Basumathi Hanumangarh Town Basumathi Other Hanumangarh(Urlivas) 0.1 Other Jaitsar 192 Other Kota 3531 Other Tamil Nadu Ammoor NR ADT Sona White Ponni Annur Arur NR Paddy Avalurpet ADT Cheyyar ADT Other Devakottai NR A. Ponni ADT Red Gingee B P T Ponni Kalavai ADT Super Ponni Kamuthi NR ADT Kumbakonam NR B P T Kuttulam NR B P T Madurai NR ADT AST Ponni Sona Maduranthagam 4.9 ADT Mailaduthurai NR B P T Melur NR ADT ADT Orathanadu Pattukottai Ramanathapuram(phase 3) NR Other Sangarapuram 7.4 A. Ponni Sankarankovil NR ADT Thanjavur NR B P T Thenkasi Thirukovilur NR ADT B P T Thirumangalam NR ADT Ponni

9 Thiryagadurgam 2.2 Other White Ponni Tiruvennainallur 3.8 ADT Usilampatty NR ADT Co Ponni Vadaseri 24.6 AST Vellore ADT Co Vikkiravandi 9 ADT Villupuram 18 ADT B P T White Ponni Virudhachalam 60 AST B P T Telangana Aler 0.1 I.R Armoor Banswada 16 MTU Bhadrachalam 58 Samba Masuri Bhongir NR I.R Bodhan NR MTU Burgampadu Chandur NR MTU Chandur(Mungodu) NR I.R Chityal NR MTU Choutuppal NR I.R Dammapet Samba Masuri Devarakonda NR MTU Devarkonda(Dindi) NR MTU Devarkonda(Mallepalli) Dharmaram NR Paddy Dornakal NR Dubbak 22 I.R Gadwal Hansa Sona Gandhari NR MTU Gangadhara NR I.R Gollapally NR Paddy Halia NR MTU Huzurnagar NR B P T Huzzurabad NR MTU Kallur NR Kammarpally Kataram NR Paddy Kathalapur NR I.R Khanapur NR MTU Kodad NR I.R Koratla Kotagiri Manthani Medak

10 Medchal NR I.R Medipally Metpally NR MTU Paddy Miryalaguda NR Samba Masuri Mothkur NR MTU Mulugu NR Paddy Nagarkurnool 17.3 Sona Nakrekal Nalgonda NR MTU Neredcherla NR B P T Nidamanoor NR B P T Pothgal Ramayampet NR MTU Sattupalli 59.4 Samba Masuri Siddipet B P T I.R Sircilla NR MTU Suryapeta I.R Samba Masuri (New) Varni 21 B P T Velpur 10 MTU Vemulawada NR I.R Venkateswarnagar NR Venkateswarnagar(Chintapalli) NR Voligonda NR MTU Voligonda(Ramannapet) NR MTU Wyra NR Samba Masuri Tripura Melaghar 10 G. R Paddy fine (New) Uttar Pradesh Achnera 140 Basmati Sugandha Ajuha 150 Masuri Other Sarvati Aligarh Basmati Sugandha Allahabad 5800 Paddy Coarse Anandnagar NR Paddy Coarse Anoop Shahar 5.72 Basumathi Auraiya Azamgarh 223 Common NR NR 1550 Bachranwa 145 Common Badayoun 20 Sarvati Badda 4 Common Bahraich Paddy Ballia 160 Paddy

11 Bangarmau Paddy Coarse Barabanki 95 Other Bareilly 27 Common Barhaj 44 Paddy Coarse Basti 140 Paddy Coarse Bharthna 820 Paddy Coarse Paddy fine Bindki 2700 Paddy Coarse Paddy fine Buland Shahr NR NR 3150 Fine NR NR 2500 Other NR NR 2050 Chandausi 34 Common Chandoli Common Charra 20 Basumathi Chhibramau(Kannuj) 12 Fine Chorichora 30 Paddy Coarse Choubepur 255 Common Dadri Sarvati Sugandha Dataganj 8 Other NR NR 1760 Devariya 600 Paddy Coarse Dibiapur Common Divai 26 Basumathi Doharighat Etawah 280 Paddy Coarse Paddy fine Faizabad Paddy Coarse Farukhabad 48 Paddy Coarse SuperFine(Basmati) Fatehpur 83.5 Common NR NR 1550 Fine Gadaura 380 Paddy Coarse Ghiraur Golagokarnath 226 Common Gonda 693 Common Gopiganj NR Gulavati 98 Other Haathras 1100 Basmati Sugandha SuperFine(Basmati) Hapur 10 Sugandha Hardoi 1900 Paddy Coarse Jahangirabad 650 Paddy fine Jasvantnagar 30 Paddy Coarse Jaunpur 33.3 Paddy Coarse Jayas Common Jhijhank 65 Common Kasganj 45 Sarvati Katra Kayamganj 30 Common Khair 600 Basumathi

12 Paddy fine Khalilabad Khurja 50 Paddy fine Kishunpur 24 Common Kopaganj 145 Paddy Coarse Kosikalan 100 Sugandha Lakhimpur 1600 Common Lucknow 64 Paddy Coarse Madhoganj 1040 Other Maigalganj NR Common Mainpuri Basmati Paddy Coarse Sugandha Mathura 152 Basmati Sugandha Mau 145 Common Mehmoodabad 85.4 Common Mihipurwa 33 Other Milak 30.5 Basumathi Mirzapur 190 Paddy Coarse Naanpara 195 Other Nagina Common Nakud 4 Other Nanuta NR Basmati Nautnava NR Paddy Coarse Nawabganj 5 Paddy Partaval 40 Paddy Coarse Payagpur Paddy Coarse Pilibhit 300 Paddy Coarse Pukhrayan 90 Other Puranpur 126 Common Purwa 12 Sarvati Puwaha 260 Common Raibareilly 520 Common Rampur 3.5 Common Risia 810 Other Robertsganj 9000 Paddy Coarse Rudauli 50 Common Ruperdeeha 75 Paddy NR NR 1350 Rura 50.5 Common Safdarganj 310 Common Sahiyapur Salon Sehjanwa 36 Paddy Coarse Shahabad NR Common Shahabad(New Mandi) 110 Common Shahganj 4 Other Shikohabad 64 Paddy Coarse Sugandha Sikanderabad Other Sirsaganj 53.3 Sugandha Sitapur Paddy

13 Sultanpur 91 Paddy Medium Tamkuhi Road 57 Paddy Coarse Tanda NR Paddy Tilhar 2620 Common Ujhani 32 Sarvati Unnao 1143 Paddy Coarse SuperFine(Basmati) Utraula 24 Other Vilaspur NR Basumathi Wansi 65 Paddy Coarse Uttrakhand Bazpur Common Kicchha Common Rudrapur 281 Other West Bengal Bankura Sadar 12 Common Bishnupur(Bankura) Gajol 34.4 Fine Garbeta(Medinipur) Ghatal 18 I.R Masuri Indus(Bankura Sadar) 80 Paddy fine Jiaganj 5.7 I.R Kalna 112 Ratna (New) Kandi 37 Other Khatra 78 I.R (OLD) Samsi 25 Common Paddy fine Siliguri 32 Paddy Coarse Tamluk (Medinipur E) 8 Common Fine (Arrivals in Tons and Prices in Rs/Qtl) Rice Prices in Various Markets Market Center Arrivals Variety Minimum Price Maximum Price Modal Price Rice Andhra Pradesh Kondapi 0.1 B P T Nandyal 0.1 Sona Fine Narasaraopet NR B P T Tadepalligudem NR Sona Visakhapatnam NR AP Raw-Rice Sona Ponni Assam

14 Cachar 40 Common Fine Dibrugarh 7.8 Common Gauripur 48 Fine Medium Goalpara 54.7 Common Fine Howly 124 Broken Rice Common Karimganj 40 Common Lanka 100 Common North Lakhimpur 7.3 Common Fine Super Fine Gujarat Dahod 39.2 Coarse Jambusar NR Other Jambusar(Kaavi) NR Other Savli NR Other Savli(Samlaya) NR Other Jammu and Kashmir Jammu (Grain Mandi) NR Fine(Basmati) Jharkhand Daltenganj NR Boiled Rice Gumla NR Other Jamshedpur NR Fine Medium Other Lohardaga NR Common Fine Medium Ranchi NR Coarse Fine Medium Saraikela NR Medium Karnataka Bangalore 3275 Medium Bangarpet 437 Broken Rice Sarbati Raw Bidar 45 Broken Rice CR 1009 (Coarse) Boiled Chintamani 18 Hansa Sona Honnali 22 Broken Rice Kolar 24 Fine Malur 1 Sona Mangalore 70 Fine IR Kattasambar Maharashtra Bhivandi Kar Kolhapur(Laxmipuri) Kar

15 Mangaon 1 Other Sangli 69 Other Vasai Kar Manipur Moreh 1.8 Other Meghalaya Shillong 1.2 Other Orissa Bolangir 7 Other Bonai 0.4 Other Deogarh 9.5 Other Junagarh Other Kalahandi(Dharamagarh) Other Tileibani 3 Other Tripura Melaghar 3 Coarse Fine Masuri Uttar Pradesh Achnera 0.5 III Agra 130 III Ajuha 7.5 Common Aligarh 85 III Allahabad 480 Other Anandnagar NR III Atarra 11 III Auraiya 65 III Badayoun 15 III Bahraich III Ballia 180 III Bangarmau 1.2 III Barabanki 84 III Bareilly 46 Coarse Basti 57 III Bharthna 390 Coarse Bijnaur 8.5 Common Bindki 250 Coarse Buland Shahr 4 III Chandausi 4.5 III Chandoli 3.3 III Charra NR III Chhibramau(Kannuj) 7 III Chitwadagaon 3 III Chorichora 28 III Choubepur 135 III Dadri 45 III Devariya 80 III Etawah 190 III Faizabad 160 III Farukhabad 10 III Fatehabad NR Other Fatehpur 65 III Fatehpur Sikri 1.4 III

16 Gadaura NR III Gazipur 30 III Gonda 162 III Gopiganj NR III Haathras 20 Coarse Hapur 50 III Hardoi 340 III Jagnair 2 III Jahangirabad 2 III Jalaun NR Other Jaunpur 30 III Jayas 27 III Kanpur(Grain) 750 III Kasganj 2 III Kayamganj 18 III Khair 7 III Khalilabad 60 III Khurja 10 III Kopaganj 48 III Lakhimpur 25 Other Lucknow 115 Coarse Madhoganj 280 Other Mainpuri 68 III Mathura 12 III Mau 48 III Meerut 14 III Mirzapur 7.5 III Muzzafarnagar 22 Common NR NR 2540 Naanpara 40 III Nautnava NR III Nawabganj 0.6 III Paliakala 35 Coarse Partaval 19 III Pilibhit 240 Coarse Pukhrayan 48 Other Puranpur 98 III Puwaha 35 III Raibareilly 10.5 Other Rampur 6.5 Common Richha 1.5 Common Risia 160 Other Robertsganj 4 III Safdarganj 18 III Saharanpur 33 III Sahiyapur 38 III Shahganj 8 III Shamli 10 Common Shikohabad 5 Other NR NR 3000 Sirsaganj 20 III Sitapur 28 Other Tamkuhi Road 18 III Tundla 1.2 III Unnao 5 III

17 Vilthararoad 10 III Wansi 15 III Uttrakhand Bazpur Common Tanakpur 89.2 Other Vikasnagar 22.5 Other West Bengal Alipurduar 20 Common Fine Asansol 130 Fine Balarampur 2 Other Bankura Sadar 12 Common Bishnupur(Bankura) 15 Common Fine Darjeeling 1.2 Parimal (New) Durgapur 130 Fine English Bazar Fine Gajol 32.5 Fine Garbeta(Medinipur) 24 Fine Ghatal 13 Fine Masuri Indus(Bankura Sadar) 70 Fine Islampur 17.5 Other Jalpaiguri Sadar 20 Fine Other Super Fine Jiaganj 11.5 Fine Kalna 110 Fine Other Kandi 28 Common Karsiyang(Matigara) 15.6 Other Kasipur 0.52 Other Khatra 32 Common Kolaghat 8 Common Fine Lalbagh 12.5 Other Pandua 50 Ratnachudi ( ) Purulia 16 Other Raiganj 20 Other Samsi 35 Fine H.Y.V Siliguri 158 Other Tamluk (Medinipur E) 10 Common Fine Uluberia 3 Other Sona Mansoori Non Basmati (Arrivals in Tons and Prices in Rs/Qt)

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