Browse Data and Analysis

Rice export prices remain unchanged as traders are waiting for the sale of the government retenders for the remaining rice stocks on August 29-30.

MY2018/19 rice and corn production should increase due to expanded acreage and favorable weather conditions.

Rice export prices declined around 1 percent due to a lack of new inquiries as traders are awaiting the results of the last government rice tenders in 2018.

Rice export prices increased 2 to 3 percent in anticipation of new white rice demand from China.

Rice export prices further increased 1 to 2 percent due to the demand for white rice from China and the Philippines.

Strong consumer demand for value, quality, convenience and diversity generates increased demand for imported agricultural products in the Korean retail sector.

On June 26, 2018, the Agricultural Affairs Office at U.S. Embassy Seoul, the U.S. Grains Council Korea office and the Korea Biofuels Forum jointly hosted the 2018 Seoul Bioethanol Conference.

On July 13, 2018, The Ministry of Public Health Notification No. 388 Re: Prescribed Prohibited Food to be Produced, Imported, or Sold, which bans partially hydrogenated oils (PHOs)....

Rice export prices declined 1 percent due to the lack of new inquiries. Exporters are reportedly fulfilling pending shipments of white rice to the Philippines and Africa.

Domestic and export rice prices remain unchanged. Exporters are currently fulfilling pending rice shipments to Africa and the Philippines.