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Thailand’s rice export goal for 2025 set at 7.5 million tones

Thailand’s Ministry of Commerce set a rice export target of 7.5 million tonnes for 2025, declining from an estimated 10 million tonnes this year. Bangkok (VNA) – Thailand’s Ministry of Commerce set a rice export target of 7.5 million tonnes for 2025, declining from an estimated 10 million tonnes this year. Arada Fuangtong, Director-General of […]

Bangladesh to import 50,000 tonnes of rice from India

By Daily Excelsior DHAKA, Dec 4 : Bangladesh is set to import 50,000 tonnes of rice from India, a top official said on Wednesday. The cabinet committee on public purchase approved the proposal during the day, the Finance Adviser of Bangladesh’s Interim Government Salehuddin Ahmed said. The decision comes at a time when diplomatic ties […]

Asia rice: Indian export prices fall; Vietnam, Thailand demand muted

Reuters Prices of parboiled rice exported from India fell this week as the rupee depreciated to a record low even as demand for the staple was steady, while Vietnam and Thailand saw muted activity. Top exporter India’s 5% broken parboiled variety was quoted at $444-$450 per metric ton this week, versus last week’s $445-$453. Indian […]

Rice inventory up 24% in November

THE national rice inventory rose to 2.46 million metric tons (MMT) in November, up 24.4% year on year, according to preliminary data from the Philippine Statistics Authority (PSA). Rice stocks consisted of 57.6% held by commercial traders, 36.6% by households, and 5.8% by the National Food Authority (NFA). NFA and commercial warehouses grew their holdings, […]

MRF sells 38,000+ sacks of rice at fair prices in Nov  

Global New Light of Myanmar Myanmar Rice Federation (MRF) sold 8,717 rice sacks (108-pound) and 30,292 small 10-kilogramme sacks in November according to monthly reference prices set by the Consumer Affairs Department under the Ministry of Commerce.Last month’s sales figures were 34,728 rice sacks (108-pound) and 43,992 small 10-kilogramme sacks.The distribution includes door-to-door delivery in […]

Rice inflation eases to 5.1% in November

By TED CORDERO, GMA Integrated News Inflation print of the country’s food staple rice, which had been trailing at double-digits since late last year, continued its downtrend to a single digit in November still amid combined base effects and impact of reduced tariff rates for the imported grain, the Philippine Statistics Authority (PSA) reported Thursday. […]

Imported rice will be cleared within four hours: Customs

Colombo , December 5 (Daily Mirror) – Stocks of imported rice will be released from the Colombo Port within four hours of their arrival, provided the necessary taxes are paid, Additional Director General of Customs, Seevali Arukgoda said. Addressing the media he said these measures aim to streamline the importation process and ensure the timely […]