Lower freight rates from Pakistan help its exporters; rates rebound on Philippines demand, delay in harvest of new crop. By Subramani Ra Mancombu. Rice prices in the global market have begun to firm up after dropping over 10 per cent. Still, Pakistan is offering tough competition to India with its competitive pricing. “Rice prices have […]
KUALA LUMPUR: Padiberas Nasional Berhad (Bernas) will reduce the price of imported white rice (BPI) at its warehouses from RM3,000 to RM2,800 per tonne effective Dec 1, 2024. In a statement on Saturday (Nov 30), it said this was in line with the announcement by Agriculture and Food Security Minister Datuk Seri Mohamad Sabu. “This […]
The Small and Medium Scale Paddy Mill Owners Association has raised concerns over a rice shortage in some areas, attributing it to transportation disruptions caused by the ongoing disaster situation. Chairman U.K. Semasinghe stated at a press conference in Anuradhapura yesterday that despite large-scale producers continuing rice production, logistical challenges have led to market shortages. […]
