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

Reuters BENGALURU /MUMBAI/HANOI/BANGKOK/DHAKA: 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 […]

PH Ports Authority reports hundreds of overstaying containers filled with imported rice

Andrea Taguines, ABS-CBN News MANILA – More than 700 shipping containers filled with imported rice continue to languish at Manila ports even after securing customs clearance, said the Philippine Ports Authority (PPA) on Friday. According to PPA General Manager Jay Santiago, 736 overstaying containers were recorded as of the end of November. He said these […]

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, […]