Area under paddy exceeds normal acreage, prospects for rabi look good. By Vishwanath Kulkarni Amidst prospects of a record rice harvest, exporters are looking forward to removal of the ban on white rice exports and the 20 per cent export duty on parboiled rice. Aided by a good and widespread monsoon across the country farmers […]
ANI New Delhi [India], September 17 (ANI): India has stepped up to support Namibia to boost their food security. A shipment of 1000 metric tons of rice has departed from Maharashtra’s Nhava Sheva Port, headed for Namibia. Sharing a post on X, Randhir Jaiswal, the official spokesperson of the Ministry of External Affairs, wrote, “Humanitarian […]
Mushtaq Ghumman ISLAMABAD: The Commerce Ministry is to informally blacklist those Sri Lankan companies that defaulted in payment to Pakistani rice exporters by disallowing allocation of rice quota. This mechanism was shared by Commerce Ministry officials at a meeting of the Senate Standing Committee on Commerce, which met on Monday with Senator Anusha Rahman in […]
Amjad Mahmood LAHORE: Pakistan has, perhaps for the first time, touched the mark of $3.89 billion in earnings from rice exports, which were made possible mainly due to favourable weather conditions, availability of farm inputs and an Indian ban on export of non-Basmati rice. This was stated by founder of the Rice Exporters Association of […]
This reduction is primarily due to the recent challenges related to water resources as a result of climate change and unprecedented increase in temperatures, the official said Staff Writer, Arab Finance The Egyptian government is planning to reduce the area allotted for rice cultivation in the country by around 32% to 750,000 feddans as of […]
Following its record-breaking export of 375,000 tonnes of premium basmati rice in 2023, Golden Grain is now on track to export 500,000 MT in 2024. Golden Grain Rice, a brand synonymous with premium basmati quality, has reinforced its global dominance by expanding into some of the world’s most competitive international markets. As one of India’s […]
The Union Government has decided to remove the minimum export price (MEP) thresholds on the export of basmati rice, the Ministry of Commerce and Industry said in a statement on Saturday. ANI New Delhi [India], September 14 (ANI): The Union Government has removed the minimum export price (MEP) threshold for basmati rice exports, the Ministry […]
Synopsis Shares of rice companies like KRBL, LT Foods, and Kohinoor Foods surged up to 15% on BSE after the government removed the $950/tonne minimum export price for basmati rice, boosting global demand. Shares of rice stocks like KRBL, LT Foods, Kohinoor Foods, and others rallied up to 15% on BSE today after the government […]
By Vietnam News Agency Thai rice prices fell to their lowest in over a year as bidders were forced to reduce their high prices in a recent auction held by Indonesia, while Indian rice export prices extended losses this week to hit an eight-month low. Thai 5% broken rice fell to the range of $550 […]
Agriculture Secretary Francisco Tiu Laurel Jr. said last month that consumers would feel the impact of tariff reduction by October as traders were still disposing of their old stocks which they brought in at higher duties. Philippine Daily Inquirer MANILA – The price of locally produced and imported rice retailed at around P50 a kilo […]
