RANGPUR, Dec 15, 2024 (BSS) – The government has fixed an all-time record target of producing 22,94,195 tonnes of clean Boro rice (34,41,292 tonnes of paddy) from 5,08,978 hectares of land for Rangpur agriculture this season. Officials of the Department of Agricultural Extension (DAE) said ample steps have been taken to assist farmers to make […]
The evolution of the rice market signifies a shift away from the purely commodity-driven mindset of the past. By Kunal Gupta The Indian rice market has undergone remarkable changes in 2024, mirroring evolving consumer preferences and vibrant socio-economic trends. A key aspect of this transformation is the shift from loose to packaged rice, which has […]
COLOMBO (News 1st) – Minister of Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe said that nearly 8,000 metric tons of imported rice have been released into the market. The rice, that had been imported through open tenders was distributed to meet market demand. The Minister assured that all departments have been instructed to […]
Rice exports from other exporters like Pakistan are projected to decline by 12.3% year over year, according to estimates from S&P Global Commodity Insights analysts, due to India’s re-entry into the market. Prices have already been facing significant pressure from Indian pricing for both non-basmati and basmati varieties.Team RuralVoice India’s decision to lift its export […]
By Anjana Anil HANOI (Reuters): Prices of parboiled rice exported from India held steady this week as strong demand from Africa offset pressure from new crop yields, while Vietnamese rates decreased due to strong supplies and Thai rates edged up on baht appreciation. Top exporter India’s 5% broken parboiled variety was quoted at US$444-$450 per […]
A rice mafia operates in the country creating hardships for consumers every year during the festive season. However, no former Government in power has been able to provide a lasting solution to this burning issue. Many trade analysts said that one of the main reasons for the rice shortage in the market is the jacking […]
The Consumer Affairs Authority (CAA) states that more than 300 traders who violated the rice control price regulations have been identified during the recent raids. CAA Director of Information Asela Bandara revealed that these traders were brought before the law during operations conducted since December 10. Accordingly, he further stated that legal proceedings against them […]
