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Daily Global Rice E-Newsletter by Riceplus Magazine

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Daily Global Rice E-Newsletter


31 December, 2014

Volume 4 Issue: XI

st

Vol 4, Issue XII

Todays News Headlines

JCR-VIS reaffirms entity ratings of Matco Rice Processing at


A-/A-2
KBP seeks immediate compensation for basmati growers
Amira Group ties up with Onekirana.com; Global food giant
further expands its online presence in India
Punjab, Iran identify two projects for mutual collaboration
KBP seeks immediate compensation for basmati growers
Nagpur Foodgrain Prices Open- Dec 31
As of yesterday Rice exports total 499,872 tonnes
Rice industry stakeholders lament over import allocations, Say
scheme will derail self-sufficiency efforts
Why is the Rice Factories Amendment Act not being enforced?
JCR-VIS reaffirms entity ratings of Matco Rice Processing at
A-/A-2
China offers rice cultivation technology to Bangladesh
Calendars, our native birds (common, resident, migratory, rare
and threatened), and our environment
Nigeria: Maritime Sector Records Mixed Fortunes in 2014
Global Rice Quotes

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News Detail.
JCR-VIS reaffirms entity
ratings of Matco Rice
Processing at A-/A-2

KBP seeks immediate


compensation for basmati
growers

December 31, 2014

December 31, 2014

RECORDER REPORT

RECORDER REPORT

JCR-VIS Credit Rating Company Limited


(JCR-VIS) has reaffirmed the entity ratings
of Pakistan's largest basmati rice exporter,
Matco Rice Processing (Pvt) Limited, at "A/A-2" (Single A-Minus/ A-Two) with stable
outlook. Despite being a highly competitive
market with numerous international rice
brands, rice exports from Pakistan increased
by 3.3 percent in FY14 to US 1.9 billion
dollars. Matco was able to capture a larger
share of the same as the company's exports
increased by 25 percent in FY14.

Kisan Board Pakistan (KBP) has urged the


Prime Minister Nawaz Sharif to ensure
immediate implementation on a relief
package announced by him to compensate
the rice growers at the rate of Rs 5,000 per
acres. KBP Central President Sadiq Khan
Khakwani made this demand during a
meeting of a delegation of Basmati growers
here on Tuesday. The growers expressed
their reservations over government attitude
and non-implementation of the premier's
announcement. KBP Chief demanded that
the farmers who suffered losses because of
recent floods should be compensated at the
earliest.

Growth in exports has been achieved due to


increased sale of basmati rice which fetched
a better price in the international market
compared to IRRI. Sharing his thought on
the rating, Chairman Matco Rice, Jawed Ali
Ghori said, "This rating is yet another
testament of our market leading product
quality and reflects upon the trust of our
valued customers. Our management has
projected increased margins and overall
profitability in the long-run and relishes the
current entity rating of A-/A-2 by JCR-VIS
with an aim to further enhance it in the years
to come." He further added that "Matco Rice
is constantly striving to increase the quality
of products by applying international
standards
and
strengthening
rice
procurement procedures.-PR

He said that unrest is being found amongst


basmati growers due to non-implementation
of the package. He said in response to a
countrywide protest staged by the rice
growers, the Prime Minister had directed the
Federal Finance Minister and Minister for
Food Security to compensate growers and
approved necessary funds. However, KBP
Chief regretted, no method has been evolved
in this regard which is a question mark on
functioning of these departments. He
reiterated that the government should take
immediate steps to resolve the issues and
compensate the loss suffered by Basmati
growers.

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Amira Group ties up with
Onekirana.com; Global
food giant further expands
its online presence in India

recognized leader in the Premium


segment, is an important addition to
expanding business. This tie-up will
cater to those of our customers who
Premium and Quality food products.

Section: Other Briefs Category: Corporate

Amira will be offering its wide range of


Basmati rice products on Onekirana.com
which includes:
Amira Extra Long Grain Basmati Rice
Amira Traditional Basmati Rice
Amira Guru Extra Long Grain Basmati Rice
Amira Goodlength Everyday Basmati Rice
Amira Goodlength Day To Day Basmati
Rice

Company Brief
New Delhi, December30, 2014

Amira Pure Foods Private Limited, Indian


subsidiary of Amira Nature Foods Ltd., an
NYSE listed global specialty food company, has
further expanded its market in the online space
in India by announcing its tie-up with
onekirana.com, a leading online grocery retailer,
focused towards the Delhi-NCR region. Under
the partnership, Amiras premium Basmati range
will be available on onekirana.com. Speaking
about the partnership, Mr. Karana A Chanana,
Chairman and CEO, Amira Group said, We are
pleased to announce our partnership with
Onekirana.com. Online retailing has become one
of the important sales channels for consumer
brands these days and this partnership marks
Amiras further expansion into the online
segment.
We are confident that this tie-up will be
beneficial for both the companies.Over the last
three years, Onekirana.com has emerged as one
of the leading online grocery shopping
destinations for consumers in Delhi-NCR.
Onekirana.coms widespread network of
thousands of local stores in Delhi-NCR will
further help us to provide our products to more
consumers in the most convenient and timesaving
manner
added
Mr.
Chanana.Commenting on this development,
Megha Singh, Director-Sales, Onekirana.com
said, This association with Amira, a globally

Basmati
our fast
help us
look for

Amira Group, one of the largest exporters of


Basmati rice from India, has been
strengthening its brand portfolio in India.
Under its expansion strategy in online
retailing, the company had recently
announced its tie-up with Snapdeal.com,
becoming the 1st rice brand to be available
online at a pan-India level.
For further information, please contact:
Pooja Chauhan
Email: pooja@blackpenlcc.com
Mobile:+91 9971627588
Have something to share?
Email your press releases at
pressrelease@afaqs.com.
Read instructions.
Get more coverage! Upload images of press
conferences, product launches or consumer
activations.

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Punjab, Iran identify two
projects for mutual
collaboration

http://www.pakistantoday.com.pk/2014/12/3
1/city/lahore/punjab-iran-identify-twoprojects-for-mutual-collaboration/

The Punjab
government
in
collaboration
with Iran has
identified
two projects
including
Creation of
Grain Storage Silos and Corporate
Farming of Fodder for Export in which
mutual cooperation will be beneficial, on
Tuesday.In this connection, a meeting was
held at Punjab Board of Investment and
Trade (PBIT) head office under the
chairmanship of PBIT Chief Executive
Officer Ilyas Ghauri. Planning and
Development secretary Waseem Ajmal,
Additional Secretary Industries Shafiq
Ahmad, PBIT Investor Relations Director
General Jalal Hassan and Deputy Secretary
Livestock Khalid Mahmood were also
present.

KBP seeks immediate


compensation for basmati
growers

Agriculture sector cooperation in areas of


transfer of breeding material for floriculture,
transfer of technology for production of
medicinal plant, assistance for development
of Potohar region as it has same
characteristics as of most areas of Iran also
came under discussion.The meeting
participants highlighted key aspects of Irans
economy including exports and imports.

DECEMBER 31, 2014 6:35


December 31, 2014 BR Report
Kisan
Board
Pakistan
(KBP) has
urged the
Prime
Minister
Nawaz Sharif to ensure immediate
implementation on a relief package
announced by him to compensate the rice
growers at the rate of Rs 5,000 per acres.
KBP Central President Sadiq Khan
Khakwani made this demand during a
meeting of a delegation of Basmati growers
here on Tuesday. The growers expressed
their reservations over government attitude
and non-implementation of the premiers
announcement.
KBP Chief demanded that the farmers who
suffered losses because of recent floods
should be compensated at the earliest. He
said that unrest is being found amongst
basmati growers due to non-implementation
of thepackage. He said in response to a
countrywide protest staged by the rice
growers, the Prime Minister had directed the
Federal Finance Minister and Minister for
Food Security to compensate growers and
approved necessary funds. However, KBP
Chief regretted, no method has been evolved
in this regard which is a question mark on
functioning of these departments. He

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reiterated that the government should take
immediate steps to resolve the issues and
compensate the loss suffered by Basmati
growers.
The
post
KBP
seeks
immediate
compensation for basmati growers appeared
first on Future of Agriculture in Pakistan,
Information about Agriculture, Pakistan
Agriculture, Agriculture in Pakistan, Role of
Agriculture, Agriculture in Pakistan Urdu,
Pakistan Agricultural Research, Agriculture
Statistics,
Agriculture
Constitutes,
Agriculture News, Videos, Weather,
Farming, Biotechnology, Livstock, Jobs &
Scholarships, Agriculture Universities.
http://pakistan.worldnewsviews.com/2014/12/31
/kbp-seeks-immediate-compensation-forbasmati-growers/

Nagpur Foodgrain Prices


Open- Dec 31
Wed Dec 31, 2014 7:03pm IST
Nagpur, Dec 31 (Reuters) - Gram prices
reported higher in Nagpur Agriculture
Produce and
Marketing Committee (APMC) on increased
marriage season demand from local millers
amid thin arrival from producing belts.
Freshs rise in Madhya Pradesh gram prices
and enquiries from
South-based millers also pushed up prices,
according to sources.
*

FOODGRAINS & PULSES


GRAM
* Desi gram raw zoomed up again in open
market on good marriage season demand

from local traders amid tight supply from


producing regions.
TUAR
* Tuar gavarani recovered nominally in
open market on renewed demand from local
traders amid weak supply from producing
regions.
* Moong and udid varieties touched to a
record high in open market on increased
seasonal demand from local traders amid
tight supply from producing regions. Weak
production reports also activated
stockists.
* In Akola, Tuar - 4,700-4,900, Tuar dal 7,100-7,400, Udid at 6,700-6,900,
Udid Mogar (clean) - 7,500-7,700,
Moong - 7,800-8,000, Moong Mogar
(clean) 9,700-10,100, Gram - 2,5002,700, Gram Super best bold - 3,600-3,900
for 100 kg.
* Wheat, rice and other commodities
remained steady in open market
in thin trading activity, according to
sources.
Nagpur foodgrains APMC auction/openmarket prices in rupees for 100 kg
FOODGRAINS
prices Previous close
Gram Auction
2,870-3,350
Gram Pink Auction
2,100-2,600
Tuar Auction
4,000-4,200
Moong Auction
6,200-6,400
Udid Auction
4,500
Masoor Auction
2,600-2,800

Available
2,900-3,400
n.a.
n.a.
n.a.
n.a.

4,300-

n.a.

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Gram Super Best Bold
4,1504,300
4,150-4,300
Gram Super Best
n.a.
Gram Medium Best
3,900-4,000
3,900-4,000
Gram Dal Medium
n.a.
n.a.
Gram Mill Quality
3,000-3,100
3,000-3,100
Desi gram Raw
3,100-3,400
3,100-3,400
Gram Filter new
3,300-3,700
3,300-3,700
Gram Kabuli
8,600-9,900
8,600-9,900
Gram Pink
7,300-7,500
7,300-7,500
Tuar Fataka Best
7,700-7,800
7,700-7,800
Tuar Fataka Medium
7,450-7,600
7,450-7,600
Tuar Dal Best Phod
7,000-7,200
7,000-7,200
Tuar Dal Medium phod
6,6006,800
6,600-6,800
Tuar Gavarani
5,550-5,650
5,500-5,600
Tuar Karnataka
5,800-6,000
5,800-6,000
Tuar Black
8,300-8,700
8,300-8,700
Masoor dal best
7,300-7,500
7,300-7,500
Masoor dal medium
7,000-7,200
7,000-7,200
Masoor
n.a.
n.a.
Moong Mogar bold
10,50010,800
10,300-10,600
Moong Mogar Medium best
9,80010,200
9,700-10,200
Moong dal Chilka
9,500-10,000
9,200-9,800
Moong Mill quality
n.a.
n.a.
Moong Chamki best
8,300-9,800
8,000 -9,600

Udid Mogar Super best (100 INR/KG)


8,200-8,500
8,000-8,200
Udid Mogar Medium (100 INR/KG)
7,700-7,900
7,600-7,800
Udid Dal Black (100 INR/KG)
6,000-6,200
5,800-6,000
Batri dal (100 INR/KG)
4,300-4,500
4,300-4,500
Lakhodi dal (100 INR/kg)
2,8003,000
2,800-3,000
Watana Dal (100 INR/KG)
2,9003,200
2,900-3,200
Watana White (100 INR/KG)
2,9003,100
2,900-3,100
Watana Green Best (100 INR/KG)
3,850-4,450
3,850-4,450
Wheat 308 (100 INR/KG)
1,3001,600
1,300-1,600
Wheat Mill quality(100 INR/KG)
1,800-1,900
1,800-1,900
Wheat Filter (100 INR/KG)
1,2001,400
1,200-1,400
Wheat Lokwan best (100 INR/KG)
2,200-2,500
2,100-2,500
Wheat Lokwan medium (100 INR/KG)
1,950-2,200
1,950-2,200
Lokwan Hath Binar (100 INR/KG) n.a.
n.a.
MP Sharbati Best (100 INR/KG) 2,8003,200
2,800-3,200
MP Sharbati Medium (100 INR/KG)
2,300-2,500
2,300-2,500
Wheat 147 (100 INR/KG)
1,3001,400
1,300-1,400
Wheat Best (100 INR/KG)
1,5501,850
1,550-1,850
Rice BPT (100 INR/KG)
3,0003,300
3,000-3,300
Rice Parmal (100 INR/KG)
1,7001,800
1,700-1,800
Rice Swarna new (100 INR/KG)
2,400-2,600
2,400-2,600
Rice HMT (100 INR/KG)
3,8004,200
3,800-4,200
Rice HMT Shriram (100 INR/KG)
4,500-5,300
4,400-5,300

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Rice Basmati best (100 INR/KG)
10,000-13,000
10,000-13,000
Rice Basmati Medium (100 INR/KG)
7,000-9,600
7,000-9,600
Rice Chinnor (100 INR/KG)
5,2005,500
5,100-5,500
Jowar Gavarani (100 INR/KG)
1,900-2,100
1,900-2,100
Jowar CH-5 (100 INR/KG)
2,1002,300
2,100-2,300
WEATHER (NAGPUR)
Maximum temp. 28.8 degree Celsius (73.8
degree Fahrenheit), minimum temp.
15.2 degree Celsius (59.4 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : nil
FORECAST: Partly cloudy sky. Rains or
thunder-showers likely towards evening or
night. Maximum
and minimum temperature would be around
and 29 and 18 degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from
plant delivery prices, but
included in market prices.)
http://in.reuters.com/article/2014/12/31/nagp
ur-foodgrain-idINL3N0UF2JO20141231

As of yesterday Rice
exports total 499,872
tonnes
December 30, 2014

GUYANA has exported more than 499,872


tons of rice, as of yesterday, according to
Agriculture Minister Dr. Leslie Ramsammy.
And he disclosed that several other
shipments are still to be exported, placing
the 500,000 tonnes export target in closer
reach.The actual export target for 2014 was

460,000 tons.Other shipments are in the


port for export. This means that we will
attain another milestone, the first ever time
that Guyana has exported 500,000 tons of
rice in a single year , he said.Dr.
Ramsammy stated that the rice industrys
accomplishments have jettisoned the
criticisms of several prominent members
within the combined Oppositions ranks.I
recall
several
Opposition
members
criticizing me and urging me to curtain the
expansion of production, because we cant
sell so much rice. But our position was that
we stood ready to support our farmers and
millers, he said.The Minister added that
through Governments support, the rice
market is ten times what it was in 1990.

He

blasted the
combined
Opposition,
in
particular
A
Partnership
for
National
Unity
(APNU), for their
continued
criticisms of the
industry, despite
the
exceptional
performance which
improved
annually.
APNU did not acknowledge and
congratulate the industry, particularly the
farmers, for attaining a milestone that many
Opposition members once proclaimed to be
impossible achieving a production of more
than 633,000 tonnes of rice for 2014. This
production is more than 20 per cent above
last years and more than 20 per cent above
the 2014 target, Dr. Ramsammy said.He
highlighted too that, as compared with the
combined Opposition, the ruling Peoples
Progressive Party/ Civic (PPP/C) has
repeatedly congratulated and expressed its

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profound gratitude to the famers who invest
massively in the rice industry and surpassed
expectations and targets.
Our farmers and millers have achieved way
beyond what the Opposition and many of
their friends thought was possible. In 2014,
we (the PPP/C) again express our deepest
gratitude to the rice farmers for the work
they have done to continue the upward
trajectory in production, he concluded.. The
export mark of 400,000 tonnes was
surpassed in mid-October, excluding a
number of contracts for rice exports that still
had to be met. The 500,000 tonnes of rice
was the 2020 target for production;
however, in 2011, for the first time, the
400,000-tonne mark was passed and this
was repeated in 2012 and 2013. With the
new export markets secured in 2014,
Guyanas rice exports are expected to reach
about
550,000
tonnes
in
2015
The country currently has export agreements
with several countries in the Caribbean, as
well as with Venezuela and Panama, among
others. Also, arrangements for rice
shipments to countries in West Africa are
still being finalised.
The export in 2013 was 394,000 tonnes,
from a production of 535,212 tonnes, which
was far above the original target of 413,000
tonnes.It is expected that someday Guyana
will overcome the barrier to bring it in line
with the worlds largest producers of rice.
As such, focus is being placed on exploring
new and emerging global markets, tackling
the crucial and critical issues to facilitate
increasing production.
Image:Dr Leslie Ramsammy
http://guyanachronicle.com/as-of-yesterdayrice-exports-total-499872-tonnes/

Rice industry stakeholders


lament
over
import
allocations, Say scheme will
derail
self-sufficiency
efforts
Wednesday, 31 December 2014 21:17
Written by EDITOR
RICE industry stakeholders have cried out to
the Federal Government asking that the
recent wave of rice import licenses be
cancelled outright before investments made
by them in the last four years go down the
drain. In a protest letter written to the
government through the ministers of
Finance and Trade and Investments, the
stakeholders drew attention to what they
called the recent indiscriminate and
wrongful award of import licenses as well as
concessions to dubious businessmen with
absolutely no investments in the rice sector
who are now making millions and billions of
naira selling those licenses to importers in
the market They warned that the current
development in which new comers without
experience were favored over and above
operators who are at present investing
billions in line with the Agricultural
Transformation Agenda (ATA) threatens
their investments.
The allocations, the petitioners said,
provide a free ride for smugglers, thereby
derailing the objectives on rice selfsufficiency. The country according to
reports also stands to lose in excess of N 40
billion through smuggling and loss of
customs revenues. The Federal Ministry of
Finance stipulated revised lower tariffs for
rice imports vide Ministry of Finance
Circular BD/FP/TT/50/I/99 dated July 8th
2014 (entitled 2014-2017 Fiscal Policy

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Measures On Rice). According to this
circular, bonafide investors with rice
milling capacities and verifiable backward
integration programme are entitled to
import rice at the revised tariffs of 10% duty
rate and 20% levy.
As per the same circular, the pure rice
traders
(with
no
existing
capacities/programme) were to pay a duty of
10% and a levy of 60%. However, the
allocations released by the Ministry of
Agriculture include several beneficiaries
who do not meet the stipulated criteria
issued by the Ministry of Finance in July
2014. A study of the list of beneficiaries of
the preferential import quotas, reveals that
of the 28 companies, only 16 have mills,
while the remaining 12 have no milling
capacities but regrettably account for higher
imports
than
the
qualified
millers. Investigations also reveal that many
of the companies without any proven
capacities have already started selling off the
quotas to pure importers for a handsome
margin, leading to huge loss of customs
revenue and defeating the basic purpose of
the allocations.
Genuine bonafide investors and industry
players in the rice value chain are seeking
immediate corrective action from the
Ministry of Agriculture through cancellation
of allocations and revisions to be effected
based on FGs circular in July 2014.
Industry observers feel the Honorable
Minister of Agriculture may have been
misadvised on the track record and
qualification of the beneficiaries, leading to
flawed assessment of eligibilities.
http://www.ngrguardiannews.com/news/national
-news/192283-rice-industry-stakeholderslament-over-import-allocations-say-schemewill-derail-self-sufficiency-efforts

Why is the Rice Factories


Amendment Act not being
enforced?
DECEMBER
WRITER

31,

2014

BY STAFF

Dear Editor,
The Guyana Rice Development Board
(GRDB) and the Ministry of Agriculture
must tell the rice farmers why the Rice
Factories Amendment Act which was passed
in the National Assembly to protect them
from being exploited by some unscrupulous
millers making late payment without
interest. The Ministry of Agriculture cannot
fool the farmers all the time. We are a
healthy, intelligent and literate people who
are possessed of a wide range of skills and
capable of learning new ones.
I think the Minister should tell us how he
would be able to recover the money loaned
to the millers and how he has arrived at the
outstanding payments for rice farmers since
GRBD and the Ministry of Agriculture does
not keep records of farmers who have sold
paddy to millers, together with the various
grades and prices.At one time I knew that
when relief was given to farmers who lost
their crops because of the El Nino effect and
the lack of irrigation water, the acreage was
inflated with some ghost farmers on the
payroll who received millions of dollars.
I also think that the GRDB should explain to
the taxpayers and the farmers why the Rice
Factories Act of 1992 was never used to

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penalize defaulting millers for the nonpayment of farmers paddy, moisture, short
weight and dockage. I observed that only
one miller was targeted under the Rice
Factories Act .The act clearly states that the
millers licence can be seized or can be fined
or given a jail term for breach of the Act. I
am sure that the millers, GRBD and the
Ministry of Agriculture are aware of the
clauses and who signed the agreement.
There are many instances where farmers and
producers are exploited to the point of
extinction.
The late Dr Cheddi Jagan saw that landlords,
money lenders and unscrupulous millers
were the dominant components of the rice
industry, when he assumed office in 1992.
Today, although the bill is in force, farmers
are owed enormous sums of money by
millers and are being treated like beggars.
During the period 2006-14, there has been
no change to protect the rice industry,
particular the rice farmers who are toiling
under harsh and back-breaking conditions of
production.

maximum of 10,000 metric tons of rice per


year for the duration of the agreement.
It was also granted a waiver of the merchant
marine tax, which was 25% of the value of
the freight. It is important to note that these
concessions were granted in good faith.
Guyana, instead chose to sell its rice and
paddy to Venezuela under the PetroCaribe
deal without these concessions which would
have brought more benefit to the farmers
and country as a whole. Over the years,
there has been a general decline in rice and
paddy prices on the Venezuela market.
Presently, Guyana is competing with Asian
countries on the international market for
parboiled and white rice market which will
add further pressure on the low prices it
received. It is time for Guyana to begin to
examine the avenue to becoming more
competitive. The production of fragrant rice
is definitely one of the available avenues.
Yours faithfully,
Mohamed Khan
http://www.stabroeknews.com/2014/opinion/letters/12/3

The millers continued to take advantage of


the farmers and the future therefore seems
dim for them. The government has not
introduced subsidies on agricultural items
although production has skyrocketed. In
2001, the Governments of Guyana and
Brazil conducted bilateral trade negotiations
with a view to enhancing trade in rice
between the two countries. This was a
golden opportunity for Guyanas rice; it was
granted a waiver of 15% CXT to export a

1/rice-factories-amendment-act-not-enforced/

JCR-VIS reaffirms entity


ratings of Matco Rice
Processing at A-/A-2
December 31, 2014
RECORDER REPORT

JCR-VIS Credit Rating Company Limited


(JCR-VIS) has reaffirmed the entity ratings

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of Pakistan's largest basmati rice exporter,
Matco Rice Processing (Pvt) Limited, at "A/A-2" (Single A-Minus/ A-Two) with stable
outlook. Despite being a highly competitive
market with numerous international rice
brands, rice exports from Pakistan increased
by 3.3 percent in FY14 to US 1.9 billion
dollars. Matco was able to capture a larger
share of the same as the company's exports
increased by 25 percent in FY14.
Growth in exports has been achieved due to
increased sale of basmati rice which fetched
a better price in the international market
compared to IRRI. Sharing his thought on
the rating, Chairman Matco Rice, Jawed Ali
Ghori said, "This rating is yet another
testament of our market leading product
quality and reflects upon the trust of our
valued customers. Our management has
projected increased margins and overall
profitability in the long-run and relishes the
current entity rating of A-/A-2 by JCR-VIS
with an aim to further enhance it in the years
to come." He further added that "Matco Rice
is constantly striving to increase the quality
of products by applying international
standards
and
strengthening
rice
procurement procedures.-PR
http://www.brecorder.com/companynews/235/1257734/

China offers rice cultivation


technology to Bangladesh
IANS | 30 Dec, 2014

China will transfer technology for its


indigenous high-yield rice variety to
Bangladesh as part of agricultural
cooperation between the two countries,
media reported Monday.Bangladesh Foreign
Minister Abul Hassan Mahmood Ali said

Monday that Chinese Foreign Minister Wang


Yi, during his just concluded visit, also talked
about taking necessary steps for
setting up a rice research centre in
Bangladesh, bdnews24.com reported.Ali
said
Wang's
visit
was
very
successful as new areas of cooperation
emerged, and he believed it strengthened the
existing Dhaka-Beijing relations further.

He said Bangladesh would need to increase


food production on its small arable land and
the transfer of rice cultivating technology by
China would help in this.The Chinese
foreign minister's visit was aimed at
reviewing the progress of the commitments
both sides made during Bangladesh Prime
Minister Sheikh Hasina's Beijing visit in
June.It was also aimed at mapping out the
details of joint celebrations marking the 40th
anniversary of the establishment of
diplomatic ties between the two countries
next year when Dhaka expects the Chinese
president to visit the country.The
Bangladesh foreign minister said that China
would have 100 young Bangladeshis visiting
the country as part of the celebrations next
year.China will finance the $1.2-billion
project of building a tunnel beneath the
Karnafuli river.Ali said China has endorsed

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Bangladesh's vision of acting as a bridge
between south Asia and southeast Asia,
given its strategic geographical location.
China assured Bangladesh of helping it to
become a member of the Shanghai
Cooperation Organisation (SCO) and Asia
Pacific Economic Cooperation (APEC).Both
sides also agreed to work closely during
next year's multi-lateral discussions for
adopting a post-2015 development agenda
and during climate change talks.They
stressed on the need for quick
implementation of the proposed Bangladesh,
China, India and Myanmar (BCIM)
economic corridor.
China has proposed to initiate free trade
agreement (FTA) negotiations to narrow
down the trade imbalance, the Bangladesh
foreign minister said.Ali said Wang termed
Bangladesh an important neighbour
and stressed on bilateral cooperation to
strengthen the relations.Five priority areas of
cooperation -- trade, agriculture, industry,
energy and infrastructure -- were
identified.China welcomed Bangladesh's
proposal of forming a joint working group
on trade and industry and a bilateral
investment forum.
The issue of the specialised economic trade
zone that Bangladesh offered to China
during Prime Minister Sheikh Hasina's visit
was also discussed.Wang reportedly said
that Chinese companies were eager to
relocate
factories
to
Bangladesh.He
promised Chinese cooperation in setting up
power plants and exploring oil and gas in
Bangladesh.Hasina, during her meeting with
Wang Sunday, said her government was
inclined to strengthen strategic ties with

China and would follow the Asian giant as


its development model.Bangladesh will
follow China as the development model.
China's development means development of
Asia. The two countries can attain the goal
of poverty eradication through mutual
assistance, Hasina's press secretary
A.K.M. Shamim Chowdhury quoted the
prime minister as saying.

Source with thanks:


http://www.smetimes.in/smetimes/news/globalbusiness/2014/Dec/30/china-offers-ricecultivation-technology-tobangladesh707540.html#sthash.BkKJDrwU.dpu
f

Calendars, our native birds


(common, resident,
migratory, rare and
threatened), and our
environment
CROSSROADS (Toward Philippine Economic
and Social Progress) By Gerardo P. Sicat (The
Philippine Star) | Updated December 31, 2014 12:00am

As we are still enjoying the holidays, I


deviate from very serious topics and discuss
a pleasurable subject. Given the proper
frame of mind, it is also integral to our
social and cultural development as a
nation.A calendar of birds in the rice fields
of IRRIs experiment station. In the course
of my efforts to learn more about rice
culture and policies, I met Dr. Bruce
Tolentino, former agriculture department
official, and now, one of the senior
managers at the IRRI (International Rice

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Research Institute).After a long discussion
on agriculture and new developments
concerning rice, he gave me a packet of
information on rice issues. Along with this
was a wall calendar of Philippine birds.
From the moment I saw this calendar, I
knew I would write about it for a holiday
respite. Now is the time.

It was a calendar for 2014, the year just


ending. I certainly hope that they have
another version of this calendar for the
coming year. The calendar Feathers in the
Fields: The Birds of IRRI features the
birds found roaming the rice research
experimental fields of the institution in Los
Banos, Laguna.The calendar is very
beautifully composed. Great text, astounding
close-up photos of Philippine birds in their
usual surroundings, erudite brief essays and
scientific information that birdwatchers
catalogue for all.

Learning more about birds through the


calendar. The calendar has a very careful
organization. Learners and simply curious
persons will find very valuable information
about birds from it. These are the birds that
visit our rice fields.
Business ( Article MRec ), pagematch: 1,
sectionmatch: 1

The IRRI stations have rice plantings


throughout the year and some plots have

different phases of the season for planting.


So the bird population that visit these
stations (native and migratory) could be
more numerous than the common rice fields
that are part of our agricultural activities in
the country.The birds that are featured are
the product of exceptional photography
taken for each of the twelve months of the
year. For each month, there is a full-size
picture of a bird in a natural habitat, a
second much smaller but different picture of
the same bird is placed alongside the brief
essay concerning the month.

The calendar has a centerfold that contains a


whole spread of more than 60 cut-up of
photographs of the birds found in the IRRI
fields. These birds are further referenced in a
separate page through a table that explains
their common names alongside their
scientific. Twelve additional columns
depicting the months of the year are attached
to this table indicating when the bird was
likely to be found in the IRRI fields.

Bird watcher Paul Bourdin, who is


associated with the Brent International
School, charted all the birds for the twelve
months of the year. Richard Smedley, a
doctoral student of bird ecology, tracked
down many of the characteristics of the
birds found and wrote a thoughtful essay on
the birds of IRRI.The photography is
amazing and was undertaken by two
dedicated enthusiasts. Tirso Paris, of UP Los
Baos with a sound academic record in
Economics, contributed most of the bird

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photos and Fred Serrano, an undersecretary
of agriculture.

Telephoto lenses
and high speed
photography can do wonders, but this has to
combine with the craftsmans astute
preparation, patience, and attitude. I
nominate the photographers to do more bird
work for the National Geographic magazine!

The calendar devotes two full pages to a


month and gives more information on the
days of the week in which four species of
birds with alternative smaller photos
included could be expected to visit during
the month. Such use of information invites
greater interest for the reader to savour, and
not only for the bird enthusiast and
naturalist.Scanty literature on birds and
nature on the Philippines. The photo
collection and the textual information
presented in the calendar reminds me about
the scanty literature on Philippine birds and
indeed on a lot of other important natural
phenomena in our country.
We ought to have more publications,
including illustrations, of our countrys flora
and fauna. In the case of birds, we do have
information but not enough. They should
also be attractively presented. It is as if we
are oblivious of the beauty in our midst and
of the generous bounty of nature.I have
travelled to many countries and places in my
long career. A mild curiosity about nature
always brought me to bookstores. On the
matter of birds, there are popular books
galore in other countries but not here.

We should build that wealth of knowledge.


If it cannot be built fast, a sure and certain
outcome is an arduous and sustained effort
through the years.Way back during the
1970s I purchased a book from a major
Chicago Museum on Philippine birds. It was
a storehouse of information on the subject
with many illustrations. I did not have the
good luck to locate it while preparing this
essay.From notices, I have learned that a
modern and up-to-date book on Philippine
birds was recently published. This is A
Guide to the Birds of the Philippines, by
Robert S. Kennedy, Pedro C. Gonzales,
Edward Dickinson, Hector C. Miranda Jr.
and Timothy H. Fisher (Oxford University
Press, 2000).
The book provides a detailed description of
572 species of birds that have been found in
the Philippines. This book contributes to the
identification of 172 endemic species found
uniquely in the country and testifies to the
countrys wide range of biological diversity
in the case of birds.
Birdwatchers and the Internet expand the
documentation of Philippine birds. Though
there are few truly good books on Philippine
birds for popular use, luckily there is today
an active and growing society of bird
watchers who have filled the internet with
pictures and illustrations of Philippine birds.
I have tracked down some addresses, or
links. For those interested, try to google
Philippine birds or field guide of
Philippine birds.For me, the most
interesting sights include the website of the
Philippine Society of Bird Watchers and the

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website featuring the countrys endangered
bird species. I recommend these as they
contain a wide variety of illustrations from
photographs of birds caught by camera in
the wild.

A happy new year to All!


My email is: gpsicat@gmail.com. Visit this
site for more information, feedback and
commentary: http://econ.upd.edu.ph/gpsicat/
http://www.philstar.com/business/2014/12/31/14
07963/calendars-our-native-birds-commonresident-migratory-rare-and-threatened

Nigeria: Maritime Sector


Records Mixed Fortunes in
2014
By Moses Ebosele
AS 2014 grind to a halt today, stakeholders
in the maritime sector are re-strategising on
how to improve on their performances in
2015.For key players in the sector, the
outgoing year was characterized with mixed
blessings.Indeed, right from the beginning
of the year, agitations for necessary policies
and need for infrastructural development
took the centre stage of activities.It was also
an opportunity for the Government to
explain through agencies such as Nigerian
Ports Authority (NPA), Nigerian Shippers'
Council (NSC), National Inland Water
Authority (NIWA), Nigeria Maritime
Administration
and
Safety
Agency
(NIMASA) efforts being made to sustain
growth in the sector.

Within the outgoing year, the expectations


of indigenous ship owners for the
disbursement of Cabotage Vessel Financing
Fund (CVFF) were dashed.But, the
Director-General of NIMASA, Dr Patrick
Akpobolokemi said the agency is awaiting
Federal
Government's
approval
to
commence
disbursement
of
the
fund.Akpobolokemi said: "We have made
recommendation
to
government.
Government is studying the proposals.
Government at the appropriate time will
give the blessing and once they do that, we
will distribute this money. We can only
make recommendations".
During the year, NIMASA sustained its
capacity building initiatives with the
establishment of a Maritime University,
Kurutie and Dockyard in Okerenkoko in
Delta State among others. About 2,500
seafarers according to NIMASA have so far
benefited from its training programme in
maritime institutions in Egypt, United
Kingdom, among other locations.Worried by
reported
accidents
along
Nigeria's
waterways, NIWA within the year
intensified its safety campaigns at strategic
locations.
NIWA within the year extended ongoing
nationwide safety awareness campaign to
Rivers and Bayelsa States.Already, the
agency has visited nupeka and malale in
Niger State, Igbokoda in Ondo State and
Lagos State.The awareness campaign is
aimed at ensuring safety for Nigerians who
use waterways to commute from one part of
the country to another.NIWA's General
Manager, Public Affairs, Tayo Fadile

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explained that the nationwide programme is
designed to sensitise Nigerians living around
coastal areas.

Urged the federal government to guarantee


safety through an effective round-the-clock
patrol by joint Military Personnel and
application of other safety measures to
safeguard lives and property;

He explained that the programme involves


safety talk, distribution of life jackets,
campaign shirts and other safety items free
of charge.Also speaking at the 2014
stakeholders' Conference on the economic
use of the Onitsha River Port, Managing
Director of NIWA, Hajia Maryam Ciroma
explained that a safety Code is long
overdue.Ciroma explained that the Code
would also serve as a guide, law on the use
of the waterways for operators.She
explained that the need to regulate the use of
the nation's waterways can-not be
overemphasised considering the security
challenges that have been facing the nation
in recent times.Stakeholders who spoke at
the event urged the Federal Government to
come up with legal and administrative
framework that will help bring to light the
enabling environment that will encourage
businesses to thrive at the Onitsha River
Port.

Recommended that the federal government


come up with legal and administrative frame
work that will help bring to light the
enabling environment that will encourage
businesses to thrive at the Onitsha River
Port;

The conference also adopted the following


resolutions:
Commended the federal government for
the huge investment expended on the
dredging of the Lower River Niger and the
successful completion of the Onitsha River
port to facilitate inter-modal transport
system for evacuation of both cargoes and
passengers in view of the economic
advantages;

Urged the Federal Government to hasten


the setting-up of the administrative delivery
team with members drawn from various
related organisations for the quick takeoff of
operations at the River Port;
Noted the importance of synergy between
the federal government and the Private
Sector under a Public Private Partnership
(PPP) and encourage re-doubling of efforts
at concessioning of the River Port.
Emphasised the need for constant
upgrading
of
Maritime
and
Port
infrastructure to enable the investors take
optimal advantage of Anambra State's
expansive coastline in areas of shipbuilding,
Dockyard Operations, Metal fabrication,
dock labour, warehousing and recycling
plants, among others.
The present management of NPA pledged to
focus and "consistent in its effort to achieve
its vision to be the Leading Port in Africa by
rehabilitating port infrastructure, engaging
in constant dredging of the channels and
implementation of sound financial policies
like the E-payment solution among
others".Another highlight within the year

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was Nigeria Customs Service (NCS)
successful take over from service providers.
The management of NCS subsequently
introduced the Pre-Arrival Assessment
Report (PAAR).

The agency also within the year acquired


Armoured Personnel Carriers (APC) and
fine-tuned its security strategy as part of
measures to successfully tackle rice
smuggling and nefarious activities.Under the
new approach, the NCS is to place more
emphasis on intelligence gathering, security
of its personnel and "take the battle to the
door steps of smugglers".In a chat with The
Guardian during a raid on some smuggling
route in Igbesa, Ogun State recently, the
Controller, Federal Operations Units (FOU),
zone 'A', Ikeja, Usman Turaki reiterated the
resolve of NCS to curtail smuggling inline
with the policy thrust of the Federal
Government.
Turaki, who led the operations comprising
of the Army, Nigerian Navy (NN), Nigeria
Security and Civil Defence Corps (NSCDS)
and use of about 48 pick-up, two newly
acquired Armoured Personal Carrier (APC)
described smuggling as "economic crime"
that must be tackled in the interest of the
nation's economy.During the operation
carried out in the early hours of Tuesday
September 23, 2014, the unit uncovered
smugglers hideout in a Creek at Igbesan,
Ogun State which according to NCS is
notorious for rice smuggling.

At the end of the clampdown, which lasted


for more than seven hours, 11,264 bags of
imported 50kg foreign parboiled rice
smuggled into the country through
unapproved
routes
were
seized.The
contraband, according to the unit is valued at
N56.3million with a Payable Duty of
N39.4million and a Duty Paid Value (DPV)
of N95.7million.Inspecting the seized
commodities in the creek of Igbesan in
Ogun State, Turaki explained that the
seizure were effected by Lagos Roving
Team operations headed by AC Adamu
Abubakar
Mohammed
and
other
officers/men of the unit.
According to Turaki, several efforts to raid
the location in the past faced stiff resistance
from the smugglers, adding that the area is
inaccessible especially for Customs and
"several attempts to raid the place in the past
was met with shift opposition from the
hostile smugglers".He added: "We must
place on record that they (smugglers) had in
the past attacked Customs patrol teams that
attempted in the past to stop their nefarious
activities. It is therefore not surprising to see
the renewed vigour and dexterity of the
FOU 'A' operations particularly the Lagos
roving team led by AC Adamu Abubakar
Mohammed.
"On arrival at the scene of crime, we started
evacuation, even though we faced challenge
of unmotorable terrain. On completion of
evacuation, we destroyed the instrumentality
of crime that is the wooden boats, their
storage facilities, and out board engines
among others. This is aimed at frustrating
their future attempts".He said the FOU had
to roll out its Armoured Personnel Carrier

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(APC) for the operations in view of the
volatile nature of the terrain.
Accompanied by senior officers from the
unit, Turaki said: "These tanks were rolled
out with the express permission of the
Comptroller General of Customs (CGC),
Abdullahi Dikko Inde who clearly
understands
the
nature
of
such
assignment."The Lagos Roving Team met
stiff opposition from the smugglers, hence
the need for reinforcement from the
neighbouring Commands of Ogun and
Seme, as well as the Military, NSCDC,
Navy and others who provided Security for
the evacuation of the consignment.
"The rampaging smugglers were contained
by our operatives who brought the
experiences from their various trainings to
bare. Even though the smugglers engaged
our operatives in a shootout, the combined
team of our operatives over powered them
with their superior fire power".Turaki also
accused some rice millers of allegedly
aiding the activities and operations of
smugglers, adding that he is in possession of
document linking some local rice millers to
the illegal business.
He said: "As soon as the seizures are made,
rice millers come forward immediately
claiming ownership of the smuggled
products. What they do is import small
quantity of a particular product through the
port. After getting the small quantity to their
warehouse, they use smuggler as carrier to
bring in large quantities through unapproved
routes thereby depriving the Federal
Government of revenue".

He added: "Our investigation reveal that the


smuggled rice are taken to their warehouse
and immediately mixed with the small
quantity imported through the ports. As I
speak, we are in possession of appeal letters
from rice millers claiming ownership of
smuggled rice. They will do everything
possible to get smugglers out of the hook.
They smugglers are working for them. The
rice are smuggled from cotonu, Benin
Republic, through a mother ship".
Conducting Journalists round a "mini
terminal", creek and eight seized boats with
engines, Turaki said the smugglers shot
some Customs personnel, "Loot at the
impact of the bullets on our vehicles. No life
was lost. The officers subsequently called
for reinforcement. We are grateful to the
Army and Nigerian Navy for the
support".Explaining in details the operations
of the rice smugglers, Turaki alleged that the
products are pushed into the Nigerian
market through some local millers, "From
Igbesa in Ogun State, the product are moved
by boat to Alaba and later by trucks to
Daleko and other parts of the country.
Turaki also used the opportunity to
commend the CGC and his management
teams for the support, pointing out that the
officers/men of the unit are determined to
take the war against smuggling to the
"deadliest and most volatile parts of the
South West".He attributed what he
identified as the 'new zeal' and passion of
the officers to the welfare programmes
"which
provides
for
motivation/remuneration, training and retraining, provision of functional patrol
vehicles, arms/ammunition and the general

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well being of the officers/men of the
Service".

per cent levy as part of measures to make


smuggling of the commodities unattractive.

Turaki pledged the commitment of the unit


to sustain its present anti-smuggling tempo
during and after the end of year
festivities.He expressed optimism with the
capacity and competence of the officers/men
of FOU 'A' to tackle the hydra headed
monster of smuggling."As daunting as the
challenge of suppressing smuggling may be,
we will continue to face it with unrelenting
determination and will remain resolute in
our attempt to suppress it to the barest
minimum. The relentless commitment and
tireless effort of officers and men of this unit
is quite commendable," he saidThe
Controller noted that some smuggling
flashpoints have been identified along the
creeks and other illegal routes and promised
that very intensive and aggressive patrol
activities would be mounted in those areas
in order to nip the activities of smugglers in
the bud.

For example, terminal operators argued


recently that between January and March
this year,the current tariff regime on rice
may have cost the nation over N380 billion
in revenue.Indeed, no fewer than 150
Nigerian bound ships laden with an
estimated 600,000 tonnes of rice were
allegedly diverted to the ports of Cameroon,
Benin Republic,Ghana and Togo.Under the
aegis of Seaport Terminal Operators
Association of Nigeria (STOAN),who gave
the loss estimate, blamed the development
on the 100 per cent duty and 10 per cent
levy imposed on rice by the Federal
Government in 2013

He called on Nigerians to always avail the


unit with relevant information that could
lead to the tracking of smugglers while also
promising that the identity of such patriotic
informants would be treated with utmost
secrecy. He advised those who engage in
acts of smuggling to have a rethink as the
Service has zero tolerance for such
unpatriotic act and promised that genuine
importers or their agents will continue to
enjoy the support of the NCS in line with its
mandate
of
facilitating
legitimate
trade.Meanwhile,
stakeholders
have
repeatedly urged the Federal Government to
review the 100 per cent duty on rice and 10

Chairman of STOAN, Princess Vicky


Haastrup, described the situation as
unfortunate and worrisome.Haastrup said:
"This is becoming rather unfortunate. Our
economy is bleeding seriously because of
this policy. The loss to other countries, as a
result of the high tariff on rice was over
N300 billion last year while in the first
quarter of this year alone, both government
and private sector operators have lost at least
N80 billion.
"Even the Federal Government, through the
Minister of Finance and Coordinating
Minister of the Economy, Mrs. Ngozi
Okonjo-Iweala, admitted the shortcoming of
this policy. The truth is that the policy has
done more harm than good to our economy
and government should waste no further
time before reversing it."According to her,
revenues affected by the 110 per cent rice
policy include those that should have
accrued to the Nigeria Customs Service,

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terminal operators, dockworkers and the
Nigerian Ports Authority (NPA).
Haastrup also disagreed with those who
blame Customs for the high rate of
smuggling of rice into Nigeria.A press
statement quoted Haastrup as saying that "it
is totally wrong to blame Customs. Customs
is doing its very best under the circumstance
to check smuggling of rice into the country
and that can be seen from the numerous
seizures they make every day."The fact of
the matter is that the policy cannot work.
Even if you place heavily armed Customs
officers in every corner of our borders, it
won't stop smuggling. It is a fact that local
production cannot match local demand,
which creates a recipe for smuggling. There
is a lot of pressure on Customs because the
quantity of rice manufactured locally can
only satisfy 30 per cent of local demand. It
is easy to point accusing fingers but I
believe Customs officers are giving their
best."And don't forget that our neighbouring
countries are profiting from the policy by
dropping their own tariffs on rice and
because they are benefitting, they give tacit
support to these smugglers," the STOAN
Chairman said.
Also within the outgoing year, terminal
operators gragged the Nigeria Shippers
Council (NSC) to court over charges and
lost. The operators have since indicated their
resolve to appeal the court judgment.Indeed,
NSC Executive Secretary, Hassan Bello
recently announced plan by the council to
lead clamour for the review of port
concession agreement in 2015.Unveiling the
council's agenda for 2015 in a chat with The
Guardian, Bello said there is need to review

the concession agreement signed in


2006.According
to
Bello,
strategic
stakeholders such as Nigerian Ports
Authority (NPA), Bureau of Public
Enterprises (BPE), Terminal Operators,
shippers and other stakeholders are expected
to hold series of meetings next year aimed at
repositioning the sector.

While commending the Federal Government


for the success recorded in the outgoing year
in the sector, Bello said legal framework for
regulation which are modern are underway,
adding that it would be pursued vigorously
by the NSC in 2015.Already, Bello said
NSC has engaged the services of three
international consultants to look bat
Shippers Council internally, "look at the
process of cargo clearance and look at tariff
and efficiency and competition".Bello, who
spoke on sundry issues said: "NSC is also in
term with Manufacturers Association of
Nigeria (MAN), NACCIMA and other
association".
He said the appointment of NSC as
economic regulator is attracting more
volume of cargoes into the country, pointing
out that "We are attracting cargoes from
competitors. Physical barriers are being
removed. We are talking with land-locked
countries on shipment of cargoes. The
process will start in 2015 with the shipment
of cheminals on behalf of one of the
landlocked countries through our port".
NSC according to the Executive Secretary is
working with the International Maritime
Organisation (IMO) through facilitation
committee.On the NSC performance in 2014
especially in the area of dispute resolution,

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Bello said: "We have pile of letters
commending NSC.We have a rapid response
unit".Bello also used the opportunity to
commend staff of NSC and all stakeholders
who in one way or the other contributed to
the success it recorded in the outgoing year,
adding that more activities expected to
reshape the sector in 2015 are underway.
Bello, also explained in details benefits of
the Council's role to stakeholders and the
larger economy.The Council according to
him is adequately prepared to assume its
new role, adding that "This is what we have
been
doing
even
with
weak
laws".Explaining further ,Bello said:"We
have the pedigree. We have the capacity.
Over the years, Nigerian Shippers' Council
has developed capacity.
I don't think there is any agency in the
transport industry that will have the
qualification of staff of the Shippers Council
as far as commercial shipping is concerned.
We have had people trained in transport
economy. We have port operators. We have
logistics and don't forget, Shippers Council
is an economic institution. The first
Managing Director of Shippers Council
came from the Central Bank. All the past
Chief Executive of Shippers Councils have
developed the institution. It is a versatile
institution. It is an economic institution. The
orientation, the culture of staff of Nigeria
Shippers Council has made it most qualified
and the most equipped to handle this very
important assignment".
According to Bello, there is the urgent need
to satisfy clamour by Nigerians for
efficiency is the delivery of Cargoes

especially when
jurisdiction.

compared

with

other

Bello said: "The private sector is the engine


room that will propel reforms in this sector.
We need some economic regulations.
Economic regulations simply means the
government will have its eyes and ears in
tariff and issues like competition. The idea is
to prevent monopoly. We cannot replace
public monopoly with private monopoly.
There must be competition. Government
must also be very serious about the entry
and exit in the sector.
"The issue of regulation is not new to
Nigerian Shippers' Council. The section 3 of
Nigerian Shippers Council Act provides that
the council should be the government eye
especially in the area of freight rate,
availability and adequacy of shipping space,
terms of shipment, class and quality of
vessels, port changes and facilities and other
related matters. That in itself is economic
regulation."But, this law was made when
Nigeria Port Authority (NPA) was the one
handling Cargo.
http://allafrica.com/stories/201412310784.html

Global Rice Quotes


December 31st, 2014
Long grain white rice - high quality
Thailand 100% B grade

Vietnam 5% broken

420-430

380-390

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India 5% broken

385-395

Pakistan 5% broken

380-390

Cambodia 5% broken 460-470

U.S. 4% broken

510-520

Uruguay 5% broken

595-605

Argentina 5% broken 595-605

Long grain white rice - low quality


Thailand 25% broken NQ

Vietnam 25% broken 350-360

Pakistan 25% broken 335-345

Cambodia 25% broken

435-445

India 25% broken

350-360

U.S. 15% broken

495-505

Uruguay parboiled 5% broken

Long grain fragrant rice


Thailand Hommali 92%

Vietnam Jasmine

895-905

510-520

India basmati 2% broken

Pakistan basmati 2% broken NQ

Cambodia Phka Mails 805-815

Brokens
Thailand A1 Super

330-340

330-340

Pakistan 100% broken stxd

305-315

385-395

405-

India 100% broken stxd

Pakistan parboiled 5% broken stxd


415

405-

Egypt medium grain brokens NQ

India parboiled 5% broken stxd


385

375-

580-590

Brazil parboiled 5% broken

570-580

Vietnam 100% broken

Thailand parboiled 100% stxd


415

U.S. parboiled 4% broken

NQ

Cambodia A1 Super

Long grain parboiled rice

NQ

295-305

U.S. pet food 390-400

Brazil half grain

NQ

All prices USD per ton, FOB vessel,


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