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 […]
During this period, approval was granted to import 392,000 metric tons of rice. Tribune Desk After the government announced the withdrawal of customs duties, 3,320 metric tons of rice were imported from India through the Benapole land port in Jessore over 25 days. During this period, approval was granted to import 392,000 metric tons of […]
By Mayank Bhardwaj and Rajendra Jadhav NEW DELHI/MUMBAI, Dec 13 (Reuters) – Rice inventories in India surged to a record high at the start of December, reaching more than five times the government’s target and potentially boosting overseas shipments from the world’s biggest exporter of the staple food. Rice reserves, including unmilled paddy, in state […]
Synopsis Indian parboiled rice prices held steady this week due to strong African demand, counteracting pressure from new crop yields. Vietnamese prices fell on strong supplies, while Thai prices edged up slightly due to baht appreciation. The Indian rupee’s record low boosted exporter margins. Prices of parboiled rice exported from India held steady this week […]
Thai Rice Exporters Association points out that only the high fees for documentation prevent farmers and SMEs from exporting their rice The Thai Rice Exporters Association (TREA) criticised the government’s policy to boost rice exports by allowing all farmers and SME traders to export products by themselves as unattainable. Prime Minister Paetongtarn Shinawatra announced the […]
By TED CORDERO, GMA Integrated News The Department of Agriculture (DA) has expanded the footprint of its Kadiwa ng Pangulo Rice-for-All program kiosks, where it sells rice at a lower price, in more public markets and metro light rail stations in Metro Manila. In a statement on Friday, the DA said that following the initial […]
