By VNA Vietnam exported over 7 million tons of rice worth US$4.37 billion in the first three quarters of 2024, up 9.2% in volume and 23.5% in value from a year ago. The average export price of rice stood at $624 per ton, up 13.1%, according to the Ministry of Agriculture and Rural Development. Recently, […]
Nuzhat Nazar ISLAMABAD: Federal Minister for Information, Ataullah Tarar, on Friday, said Pakistan is set to export 100,000 tons of rice to Malaysia as part of the efforts to improve the country’s economy. The minister highlighted the success of the recent visit of Malaysian Prime Minister Anwar Ibrahim to Pakistan. He emphasised that the visit […]
ISLAMABAD: Pakistani rice traders said on Thursday that exports of the commodity could face a setback this year as neighboring India, one of the major competitors in the global market, had lifted restrictions on rice exports. Pakistan exported rice worth $3.9 billion this year as compared to $2.15 billion last year, benefitting from India’s more-than-a-year-long […]
Both nations are exploring ways to establish more effective trade systems Amid ongoing payment difficulties due to Western sanctions, Russia has initiated a barter trade agreement with Pakistan involving various agricultural goods. This new system, established at the first Pakistan-Russia Trade and Investment Forum in Moscow, allows for the exchange of goods without monetary transactions. […]
By HT Correspondent, Chandigarh Punjab food and civil supplies minister Lal Chand Kataruchak said that by December 31, nearly 40 lakh tonnes of rice will be moved out of the state’s godowns in 20 special goods trains, containers and trucks, thus creating sufficient storage for the upcoming paddy crop. To free up space in Punjab’s […]
About 25 per cent of basmati rice exported from India is sent to Iran, which is badly affected due to the uncertainty due to its conflict with Israel. Reported by Himanshu Shekhar Mishra. New Delhi: In a grain market of Uttar Pradesh’s Ghaziabad, the price of the Paddy (Dhan) Basmati 1509 rice variety has decreased […]
FP Explainers The price of rice has dropped globally after India lifted its 2023 curbs on the export of non-basmati white rice and cut the export tax on white rice to zero and Pakistan removed its Minimum Export Price for all varieties. Let’s take a closer look The price of rice is going down, down, […]
In a partial relief for Punjab, commission agents, or arhtiyas, will continue to buy Basmati rice and cotton, though they are still boycotting paddy procurement by state agencies. This decision followed a meeting with state officials. Mandi laborers remain on strike but will reassess their position on Friday, demanding better pay and conditions. CHANDIGARH: In […]
Express News Service BHUBANESWAR: Accusing the state government of neglecting its demands, the All Odisha Rice Millers’ Association (AORMA) on Thursday threatened to stay away from the paddy procurement process for 2024-25 kharif marketing season (KMF). AORMA members also said a protest will be held at Mahatma Gandhi Marg here on Friday where nearly 1,000 […]
According to the commerce ministry, India’s basmati rice exports during 2024-25 (April-July) was 1.91 million tonne (MT), out of which shipment to Iran had a share of around 19%.Written by Sandip Das Just a few days after the government removed the minimum export price (MEP) of $ 950/tonne on the basmati rice, exporters have started […]
