Voluntary Report - public distribution

**Date:** 05/11/2004

**GAIN Report Number:** VM4027

VM4018

**Vietnam**

**Grain and Feed**

**Rice Weekly Update**

**2004**

**Approved by:**

![](media/image1.wmf)Henry Schmick

U.S. Embassy

**Prepared by:**

Tran Quoc Quan

**Report Highlights:** Prices have been stable but could increase if
Vietnam wins a portion (85,000-115,000 mt of 25% broken rice) of a
recent tender by the Philippines.

Includes PSD Changes: No

Includes Trade Matrix: No

Unscheduled Report

Hanoi \[VM1\]

\[VM\]

**Indicative price (Week ending May 07, 2004)**

Vietnam rice export prices (FOB basis) for various grades

<table>
<colgroup>
<col style="width: 13%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 12%" />
<col style="width: 15%" />
</colgroup>
<tbody>
<tr class="odd">
<td rowspan="2"><p>Grade</p>
<p>% Broken</p></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td colspan="2">Period Averages</td>
</tr>
<tr class="even">
<td>#1</td>
<td>#2</td>
<td>#3</td>
<td>#4</td>
<td>#5</td>
<td>#6</td>
<td>#7</td>
<td>Current Average</td>
<td>Previous (Apr. 30)</td>
</tr>
<tr class="odd">
<td>5</td>
<td>238</td>
<td>238</td>
<td>238</td>
<td>238</td>
<td>238</td>
<td>238</td>
<td>238</td>
<td>238.00</td>
<td>239.14</td>
</tr>
<tr class="even">
<td>10</td>
<td>235</td>
<td>235</td>
<td>235</td>
<td>235</td>
<td>236</td>
<td>236</td>
<td>235</td>
<td>235.29</td>
<td>235.71</td>
</tr>
<tr class="odd">
<td>15</td>
<td>230</td>
<td>230</td>
<td>230</td>
<td>230</td>
<td>230</td>
<td>230</td>
<td>230</td>
<td>230.00</td>
<td>230.00</td>
</tr>
<tr class="even">
<td>25</td>
<td>223</td>
<td>223</td>
<td>222</td>
<td>223</td>
<td>223</td>
<td>223</td>
<td>223</td>
<td>222.86</td>
<td>224.28</td>
</tr>
</tbody>
</table>

Source: Average indicative prices from exporters

Prices have remained stable at a fairly high level. Some market
observers suspect that prices, particularly of 25 % broken rice, might
rise even more if Vietnamese wins a portion (85,000-115,000 mt) of a
recent tender by the Philippines.

**Exports**

######## The following are reported rice exports (metric tons) from April 24 to April 30, 2004

+--------------+-----------+-----------+---------------+------------+
| **Week       | **Q       | **4-WK    | **Year to     | **Year     |
| ending**     | uantity** | Avg.**    | date**        | ago**      |
+--------------+-----------+-----------+---------------+------------+
| ####         | 278,000   | 150,175   | 870,000       | 815,000    |
| ### April 02 |           |           |               |            |
+--------------+-----------+-----------+---------------+------------+
| ####         | 112,000   | 156,750   | 982,000       | 884,000    |
| ### April 09 |           |           |               |            |
+--------------+-----------+-----------+---------------+------------+
| ####         | 268,000   | 202,750   | 1,250,000     | 970,000    |
| ### April 16 |           |           |               |            |
+--------------+-----------+-----------+---------------+------------+
| ####         | 30,000    | 172,000   | 1,280,000     | 1,120,000  |
| ### April 23 |           |           |               |            |
+--------------+-----------+-----------+---------------+------------+
| ####         | 125,000   | 133,750   | 1,405,000     | 1,267,000  |
| ### April 30 |           |           |               |            |
+--------------+-----------+-----------+---------------+------------+

End of Report