Food Outlook No.5 - December 2002 p.24

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Table A.7 - PRICE INDICES AND SELECTED EXPORT PRICES FOR RICE

Calendar years Export Prices FAO Indices
Thai
100%
B
1 /
Thai
broken
2 /
U.S.
Long
grain
3 /
Pakistani
Basmati
4 /
Total Indica Japonica Aromatic
High
quality
Low
quality
January/December ( . . . . . . . . . . U.S.$/tonne . . . . . . . . ) (. . . . . . . . . . . . . . . . . . 1998-2000=100 . . . . . . . . . . .. . . . . . )
1998 315 215 413 492 115 117 115 113 113
1999 253 192 333 486 104 99 101 105 98
2000 207 143 271 418 84 84 83 83 89
2001 178 136 264 332 74 74 74 76 69
2001 - November 178 135 230 363 71 72 71 71 66
2002 - July 204 154 203 377 73 74 77 68 78
          August 195 149 210 390 73 73 75 67 80
          September 191 152 215 396 73 74 76 67 83
          October 193 161 215 397 74 74 77 69 80
          November I 192 157 215 397 )        
                    II 192 157 215 335 )        
                    III 191 157 215 335 ) 73 73 76 68 76
                    IV 189 158 215 335 )        

Sources : FAO for indices. Rice prices: Jackson Son & Co. (London) Ltd. and other public sources.

Note : The FAO Rice Price Index is based on 16 rice export quotations. 'Quality' is defined by the precentage 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 Aromatic rice.

1/ White rice, 100% second grade, f.o.b. Bangkok, indicative traded prices. 2/ A1 super, f.o.b. Bangkok, indicative traded prices. 3/ U.S. No.2, 4% brokens f.o.b. 4/ Basmati: ordinary, f.o.b. Karachi.


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