China's rice import volume
increases greatly this year, it still accounts for a very small share in the
total rice consumed in .
However, the price of imported rice is much lower, which shocked the rice price
in domestic market. China
"Imported rice is easily available in the domestic market at present. The price of imported rice is USD545.7/t to USD577.8/t, while that of home-produced rice is USD609.9/t to USD706.3/t. Imported rice has brought huge impact to the rice price in China," revealed by a rice trader in Jiangxi Province.
The purchase price of rice this year is also impacted by the low price of imported rice. For example, the purchase price of middle and late indica rice (before milling) is about USD425.4/t. Some farmers revealed that the purchase price is about the same as that of last year. However, the production costs, covering pesticides, seed, labour, etc., all witnessed increase this year.
advocate exporting or importing a large amount of rice. The sharp increase in
rice import volume may impact farmers' enthusiasm for rice planting, to which
the government should pay attention," according to Li Guoxiang, a
researcher from the Rural Development Institute, Chinese Academy of Social
Source: AgriChina Investor 1211
Content of AgriChina Investor 1211:
John Deere launches its fourth agricultural machinery factory in
Huaying Agricultural sees first quarterly loss in Q3 2012
modern agriculture formally China
Guangdong Sky Dragon invests one-million Rongchang pig farm in
Cotton planting in Xinjiang supported by harvesting machinery
Q3 financial reports of domestic listed pesticide enterprises
Sugar: market price downtrend to continue in 2012/2013
Opportunities in domestic potato processing industry
2003-2012: Central Government allocates USD963 billion to Three Agriculture Issues
Zhengzhou Hualiang and CCB set up cooperation
CMBC offers USD802.5 million of loan to tea enterprises
Luoyang Zhengda launches 1.5 million pigs per year slaughtering line
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