HAMBURG: The lowest price offered in the international tender from Indonesian state purchasing agency Bulog buy about 450,000 metric tons of rice was estimated at $539.30 a ton cost and freight (c&f) for rice expected to be sourced from either Vietnam or Myanmar, European traders said on Monday. The lowest offer was said to have […]
Pia Gutierrez, ABS-CBN News MANILA (UPDATED) — Several rice importers over the weekend pulled out at least 300 containers of rice left abandoned at the Manila International Container Terminal, days after the Department of Agriculture and the Philippine Ports Authority sounded the alarm over possible efforts to hoard rice supplies for a price spike, the […]
Deputy Minister of Agriculture and Rural Development Tran Thanh Nam on September 23 met with a World Bank (WB) delegation to discuss preparations for signing the Emission Reduction Payment Agreement (ERPA) with the Transformative Carbon Asset Facility (TCAF). Hanoi (VNA) – Deputy Minister of Agriculture and Rural Development Tran Thanh Nam on September 23 met […]
Jasper Emmanuel Arcalas – The Philippine Star MANILA, Philippines — The government has collected at least P25 billion in tariffs from over 2.8 million metric tons (MT) of imported rice from January to August, latest Bureau of Customs (BOC) data showed. BOC data showed rice tariff collections during the eight-month period reached P25.767 billion, about […]
According to the Directorate General of Commercial Intelligence and Statistics, rice exports in the first five months of the current fiscal dropped by 6.64% to $ 4.42 billion on year.Written by Sandip Das India’s exports of agricultural and processed food products in the first five months of FY25 declined by 4% to $ 9.69 billion […]
By Monitoring Desk LAHORE: The Indian government’s recent move to eliminate the minimum export price for basmati rice and relax restrictions on non-basmati rice exports has left Pakistani rice exporters anxious. These changes, which take effect in September 2024, threaten to disrupt the gains Pakistan made under previous restrictions. In fiscal year 2024, Pakistan exported […]
The price of rice and paddy in Thailand has experienced a significant decline in recent months, driven by a combination of global market factors and the strengthening Thai baht. The Thai Rice Mills Association reported that the average price of paddy rice has decreased by 1,000 baht per ton, while the price of rice has […]
Written by Anju Agnihotri Chaba Krishan, along with his younger brothers, Gopal and Stapal, manages 50 acres —22 acres of joint family land and 28 acres on rent in Bhullan village in Sangrur. In a remote village along the Punjab-Haryana border, farmer Bal Krishan (48) and his two brothers have become a shining example of […]
Competitive pricing threatens Pakistan’s $3.9b rice export market. SHAHRAM HAQ LAHORE: The recent decision by the Indian government to remove the floor price for basmati rice exports and ease restrictions on non-basmati rice exports has sparked panic among Pakistani rice exporters, who had benefited from the previous restrictions. These benefits were reflected in Pakistan’s annual […]
By ProPK Staff Pakistan’s rice exports during the first two months of the current financial year (FY25) increased by 98.58 percent as compared to the exports of the corresponding period of the last year. During the period from July-August 2024, over 340,703 metric tons of rice valued at $464.667 million were exported as compared to […]
