Sole Suppliers To

A Reputed MNC   

Exporter Since  

15 years        


We Will Deliver

What We Promise

When We Promise



Desire


Mutual Gains

Satisfying Relationship 

Taboo

 

 

Underquoting for

Bagging Orders


 

Strengths

 

 

Financial Capability      

  

Industry Experience 

  

Requisite 

Infrastructure

  • 3 Mills with latest  machinery

  • Offices in major rice trading centers

  • Adequate warehousing

Consistent Quality

  • Experienced rice QC analyst

  • Latest testing equipment

  • We care for each grain

 

Seeing Is Believing

 

    

Visit our Mills

 

 

 

 

Contact us

 

 

 

Jagat Agro

Commodities Pvt Ltd

802, 8th Floor, Ambadeep Building, 14  K. G. Marg Connaught Place, New Delhi - 110001

Telephones

91-11-41525377 

Fax

91-11-41525344 

E-mail 

jagatnews@jagatagro.com
sales@jagatagro.com

 

Website

www.jagatagro.com

 

 

 

 

 

 

 

We will be happy to supply you rice as per your requirement. Ask us for a quote when you want to buy next. 

RICE NEWS YOU CAN USE

Issue 36 - 15 Apr 2007

 

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Miscellaneous Rice News

Cancer fears after arsenic found in rice grown in US - Scottish scientists have warned that rice imported from some of America's southern states contains high levels of arsenic which could cause cancer. Particularly at risk are Asian, Chinese and Indian communities who consume high quantities of rice as well as those who eat rice for health reasons, including people with wheat allergies. It is well-established that arsenic is a carcinogen which causes cancers at chronic low level exposure, including lung and skin cancer, but it can also affect fertility and increase the risk of hypertension, diabetes, vascular disease and impair children's development by reducing intellectual function.

RP-based rice institute gets funding boost-After the Indian Ocean tsunami in December 2004, farmers around the region relied on stockpiles from a Philippine-based rice institute to provide them with rice varieties that could grow in salty soils. Countries like Cambodia, East Timor, India, Nepal and the Philippines have also turned to the genebank of the International Rice Research Institute (IRRI) to restore native rice varieties that have disappeared for a variety of reasons. IRRI and the Global Crop Diversity Trust announced on 19 March 2007 an agreement to secure the world's largest repository of rice, the staple food of about three billion people or around half the world's population. Under the agreement, the IRRI has pledged to invest US$400,000 annually in the gene bank and the Trust US$200,000, both parties said in a joint statement.

Prices & Analysis 

Export Prices are still firming due to:-

  • Local market demand and

  • The Rupee strengthening against the US Dollar.    

Prices (All prices in USD). 

Export Prices CNF Gulf Countries. In USD PMT, all prices tentative in 45/50 kg new jute bags (Sortexed)                        

Crop                                 Year->

2005-06 2006-07 

Raw Basmati 

1050 1025

Parboiled Basmati 

NA 960

Raw Pusa  

NA 865

Pusa Parboiled 

NA 795

Pusa Steam

NA 885

Sharbati Raw

NA 630

Sharbati Steam

NA 650

Sharbati Parboiled

NA 600
PR 106 Parboiled 300 broken 5% 2/3 basis NA 375
PR 11 Steam NA 500
PR 11 Parboiled NA 465
PR 11 Raw NA 465
Rice 1121 Steam NA 1000
Rice 1121 Parboiled NA 935

Trade Reporting 

No major business reported. Buyers are very reluctant to buy at these prices.
 

Recomendations 

The prices have risen further. Should not now wait any longer to cover up.
 

Disclaimer

Though analysis & recommendations contained herein are unbiased & sincere views expressed by Jagat News Team, buyers are advised to use their personal experience, wisdom and discretion for making purchase decisions.


Please lookout for the next issue of Rice News You Can Use after a month. 


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