World Grain - June 2014 - 100

RICE NEWS ROUNDUP

Thailand hopes for comeback in jasmine rice market
BANGKOK, THAILAND - Thailand is
hoping to reclaim its role as the largest supplier of jasmine rice to Hong Kong, after losing nearly half of the market to Vietnam in
the last several years.
A trade commissioner for the Thai Trade
Center in Hong Kong said he expects the
Thai share of the jasmine rice market to

reach 60% this year, which is still below the
90% it reached at its height, but improved
from the 54% seen last year.
The market for fragrant rice is separated
into two main groups: household and restaurant. The household segment cares more
about quality than price, whereas the restaurants are concerned about price.

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According to the U.S. Department of Agriculture, Vietnam established itself as the
second-largest supplier and achieved a 41%
market share. Price competitiveness was the
driving force.
Last year, of the 339,000 tonnes of rice
exported to Hong Kong, Thailand accounted
for 155,000 tonnes while Vietnam supplied
138,000 tonnes, the USDA said. Ten years
ago, Thailand provided 238,000 tonnes
while Vietnam supplied none.

Gambia can produce
2 million tonnes of rice
BANJUL, GAMBIA - Gambia could produce more than 2 million tonnes of rice per
year, more than 10 times what is required,
if all the available rice fields are developed,
according to the nation's president.
Sheikh Professor Alhaji Dr Yahya Jammeh said he is exploring all avenues to stop
food importation and engage in full export in
the next 10 years.
Gambia has the potential to produce more
than 2 million tonnes of rice annually, 10
times more than what is required, if all the
rice fields visited are developed, the president of the Republic has disclosed.
"I can see that even the Central River Region (CRR) alone the potentials are there,
and when you go to Fatoto coming down
and even beyond, we can produce millions
of tonnes of rice and other cereals in this
country. After so many years of being a net
importer of food items, we will become one
of the biggest exporters of rice in five years'
time. We must achieve that," he said.
Jammeh said the government plans to create a company that will be responsible for
most of the rice fields.

Pakistan rice
exports up 20.19%

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ISLAMABAD, PAKISTAN - Rice exports
from Pakistan in the first three quarters of the
year have increased 20.19% compared to the
same period last year, according to data from
the Pakistan Bureau of Statistics.
From July through March, about 2.683
million tonnes of rice worth $1.6 million
was exported compared to 2.494 million
tonnes valued at $1.4 million in the same
period in 2013.
Exports of basmati rice increased by
7.09% and exports of rice other than basmati
were up 26.71%.

For more information, see Page 122.

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