22 September 2022 Factrade IndiaPB Market Report vQi2A3U

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[PARBOILED RICE]

DAILY RICE MARKET REPORT - INDIA


September 22, 2022
IR 64/36 - Procurement Cost & Specification
FOB Cost (Today) FOB Cost (Yesterday) Ex Mill Price (Today) Damaged Average length Broken

East Coast (Kakinada-Vessel) $ 390/mts $ 390/mts INR 28,200 (Kakinada) 1.5% 6 mm 5%

West Coast (Nhava sheva) $ 395/mts $ 395/mts INR 28,000 (Gondia) 1.5% 6 mm 5%

Swarna - Procurement Cost & Specification


FOB Cost (Today) FOB Cost (Yesterday) Ex Mill Price (Today) Damaged Average length Broken

East Coast (Kolkata) $ 385/mts $ 385/mts INR 28,000 (Bengal) 2% 5.6 mm 5%


IR
IR64/36
64/36- -Top
TopDestination
DestinationBest
BestOffer
Offer- CIF
- CIF
Country IR64/36-Broken Price in USD Country IR64/36-Broken Price in USD

1. Guinea (Vessel) 5% - 3. Djibou� 5% -


2. Algiers (Container) 5% - 4. Benin (Vessel) 5% -

Notes
1.The above prices are offered in PP Bags packing of 50 kgs.
2. The above prices are for prompt payment and cash buyer.
3. The difference between 5% and 10% broken is $3 today.
4. The above men�oned quality parameters are the current market standards, any changes in the quality parameters, will affect the prices.
5. Since there are mul�ple parameters leading to several different prices, it is not possible to list every case, please get in touch with us to know the prices for specific quality
parameters.
IR 64/36 - Market Update

Today's Highlights
Markets remain quiet with limited offers. Average spread at USD $9.

Weekly Update (Last Updated 22 September 2022)

Indian rice exporters con�nued to face challenges post-September 08, 2022. as backlog shipments are impac�ng the process for parboiled rice as well.

The majority of the shippers are making adjustments on deliveries to mi�gate the risk in the near term.

The government's first advance es�mates state rice produc�on to be 104 Million MTS for the upcoming season.

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