About 25 per cent of basmati rice exported from India is sent to Iran, which is badly affected due to the uncertainty due to its conflict with Israel. Reported by Himanshu Shekhar Mishra. New Delhi: In a grain market of Uttar Pradesh’s Ghaziabad, the price of the Paddy (Dhan) Basmati 1509 rice variety has decreased […]
FP Explainers The price of rice has dropped globally after India lifted its 2023 curbs on the export of non-basmati white rice and cut the export tax on white rice to zero and Pakistan removed its Minimum Export Price for all varieties. Let’s take a closer look The price of rice is going down, down, […]
In a partial relief for Punjab, commission agents, or arhtiyas, will continue to buy Basmati rice and cotton, though they are still boycotting paddy procurement by state agencies. This decision followed a meeting with state officials. Mandi laborers remain on strike but will reassess their position on Friday, demanding better pay and conditions. CHANDIGARH: In […]
Express News Service BHUBANESWAR: Accusing the state government of neglecting its demands, the All Odisha Rice Millers’ Association (AORMA) on Thursday threatened to stay away from the paddy procurement process for 2024-25 kharif marketing season (KMF). AORMA members also said a protest will be held at Mahatma Gandhi Marg here on Friday where nearly 1,000 […]
According to the commerce ministry, India’s basmati rice exports during 2024-25 (April-July) was 1.91 million tonne (MT), out of which shipment to Iran had a share of around 19%.Written by Sandip Das Just a few days after the government removed the minimum export price (MEP) of $ 950/tonne on the basmati rice, exporters have started […]
Pia Gutierrez, ABS-CBN News. MANILA (UPDATE) – The National Food Authority is hiking the price of the rice it sells to P38 per kilo from just P25 a kilo. The NFA Council earlier approved the P13 increase in the price of NFA rice per kilo as part of efforts to minimize the agency’s losses in […]
By Jason Ng / theedgemalaysia.com KUALA LUMPUR (Oct 4): Malaysia will import 100,000 tonnes of basmati rice, as well as buy US$200 million worth of halal meat annually from Pakistan, according to state news agency Associated Press of Pakistan (APP). Prime Minister Shehbaz Sharif assured Malaysian Prime Minister Datuk Seri Anwar Ibrahim that Pakistan would […]
By Nadeem Shah MULTAN: In a significant agricultural shift, Punjab is poised to increase its cultivation of paddy this year, predominantly due to encouraging incentives for growers and consistent policy towards the sector. The crop is expected to be harvested from October 1 in rice-producing districts across Punjab. The Punjab rice-producing districts demonstrate an unusual […]
Mizzima Myanmar Rice Federation (MRF) said the country needed to carefully consider rice export as weather patterns are changing. Currently, weather patterns are frequently changing and many countries including Myanmar faced huge impacts from climate change resulting in heavy rainfall and severe floods. The country needs to consider more self-sufficiency and price stability in the […]
By Thi Ha Vietnam, the third largest rice exporter after Thailand and India, saw its rice imports skyrocket by 57%, hitting nearly $1 billion in the first nine months of this year, establishing a new record. Industry insiders say that as farmers focus on cultivating higher-value rice varieties for export, local companies have ramped up […]
