Voluntary Report - public distribution

**Date:** 2 Dec. 2005

**GAIN Report Number:** TW5047

TW5047

**Taiwan**

**Grain and Feed**

**Private Trade Rice Quota Allocation Results: First Tranche**

**2005**

**Approved by:**

![](media/image1.wmf)Alan Hallman

American Institute in Taiwan

**Prepared by:**

ChiouMey Perng

**Report Highlights:**

On November 28, Taiwan allocated the first tranche of 15,000 tons of the
2006 private sector rice quota. The quotas were awarded to 40 importers
through a competitive bidding process. Prices ranged from NT\$13.510/kg
to NT\$20.000/kg, with a weighted average of NT\$14.091/kg or \$420/mt.
These import rights will be valid from January 1 to September 15, 2006.
The second tranche of 20,652 tons of the 2006 private sector rice quota
will be allocated on February 27, 2006.

Includes PSD Changes: No

Includes Trade Matrix: No

Unscheduled Report

Taipei \[TW1\]

\[TW\]

**Private Sector Allocations for 2006, First Tranche**

On November 28, Taiwan allocated 15,000 tons of the 2006 private trade
rice quota to forty Taiwan importers thru competitive bidding. Eighty
local importers participated in the process and half of them were
awarded quota allocations at prices ranging from NT\$13.510/kg to
NT\$20.000/kg. The weighted average price was NT\$14.091/kg or \$420/mt
(See Table 1).

(The current exchange rate is \$1=NT\$33.55, quoted on November 28,
2005). The difference between the maximum and minimum bids was
considerably larger in 2006 than it was a year earlier, but the weighted
average price was lower (see Table 2).

These quota rights are valid from January 1 thru September 15, 2006 and
are eligible for an extension to December 31, 2006. The second tranche
of 20,652 tons of rice quota will be allocated on February 27 thru a
competitive bidding process.

As of 31 October 2005, approximately 87 percent of the 2005 private
sector rice quota has been imported, with 81 percent of the total quota
has been supplied by Thailand and 16 percent has been sourced from the
United States. Private importers of U.S. rice occasionally experience
price competition from the release of US rice imported by the public
sector.

**Table 1. Taiwan 2006 Rice TRQ Allocation Results -- 1^st^ Tranche**

+------+------+-------+--------+-------+---------+---------+---------+
| Pro  | **Q  | **    | Allo   | *     | Max.    | Min.    | \# of   |
| duct | uota | Quota | cation | *Aver |         |         | Allo    |
| Name | Amou | Val   | Date   | age** | Bid     | Bid     | cations |
|      | nt** | idity |        |       | Price   | Price   |         |
|      |      | Durat |        | **Bid |         |         |         |
|      |      | ion** |        | Pr    |         |         |         |
|      |      |       |        | ice** |         |         |         |
+------+------+-------+--------+-------+---------+---------+---------+
| Rice | **15 | *     | Nov.   | **NT  | NT\$20  | NT\$13  | 40      |
|      | ,000 | *Jan. | 28     | \$14. | .000/kg | .510/kg |         |
|      | mt** | 1/    |        | 091** |         |         |         |
|      |      | Sept. |        |       |         |         |         |
|      |      | 15**  |        |       |         |         |         |
+------+------+-------+--------+-------+---------+---------+---------+
|      | **20 | **    | Feb.   | *     | NA      | NA      | NA      |
|      | ,652 | March | 27     | *NA** |         |         |         |
|      | mt** | 1/\   |        |       |         |         |         |
|      |      | Sept. |        |       |         |         |         |
|      |      | 15**  |        |       |         |         |         |
+------+------+-------+--------+-------+---------+---------+---------+
|      | **15 | **May | Apr.   | *     | NA      | NA      | NA      |
|      | ,000 | 1/\   | 28     | *NA** |         |         |         |
|      | mt** | Sept. |        |       |         |         |         |
|      |      | 15**  |        |       |         |         |         |
+------+------+-------+--------+-------+---------+---------+---------+
| T    | **50 |       |        |       |         |         |         |
| otal | ,652 |       |        |       |         |         |         |
|      | mt** |       |        |       |         |         |         |
+------+------+-------+--------+-------+---------+---------+---------+

**Table 2. Taiwan 2005 Rice TRQ Allocation Results**

+------+------+-------+--------+-------+---------+---------+---------+
| Pro  | **Q  | **    | Allo   | *     | Max.    | Min.    | \# of   |
| duct | uota | Quota | cation | *Aver |         |         | Allo    |
| Name | Amou | Val   | Date   | age** | Bid     | Bid     | cations |
|      | nt** | idity |        |       | Price   | Price   |         |
|      |      | Durat |        | **Bid |         |         |         |
|      |      | ion** |        | Pr    |         |         |         |
|      |      |       |        | ice** |         |         |         |
+------+------+-------+--------+-------+---------+---------+---------+
| Rice | **15 | *     | Nov.   | **NT  | NT\$17  | NT\$13  | 31      |
|      | ,000 | *Jan. | 25     | \$14. | .600/kg | .588/kg |         |
|      | mt** | 1/    |        | 330** |         |         |         |
|      |      | Sept. |        |       |         |         |         |
|      |      | 15**  |        |       |         |         |         |
+------+------+-------+--------+-------+---------+---------+---------+
|      | **20 | **    | Mar.   | **NT  | NT\$15  | NT\$11  | 43      |
|      | ,652 | April | 31     | \$11. | .000/kg | .280/kg |         |
|      | mt** | 1/\   |        | 940** |         |         |         |
|      |      | Sept. |        |       |         |         |         |
|      |      | 15**  |        |       |         |         |         |
+------+------+-------+--------+-------+---------+---------+---------+
|      | **15 | *     | May.   | **NT  | NT\$14  | NT\$11  | 13      |
|      | ,000 | *June | 31     | \$11. | .000/kg | .510/kg |         |
|      | mt** | 1/\   |        | 830** |         |         |         |
|      |      | Sept. |        |       |         |         |         |
|      |      | 15**  |        |       |         |         |         |
+------+------+-------+--------+-------+---------+---------+---------+
| T    | **50 |       |        |       |         |         |         |
| otal | ,652 |       |        |       |         |         |         |
|      | mt** |       |        |       |         |         |         |
+------+------+-------+--------+-------+---------+---------+---------+