Rice prices in Korea are climbing sharply, defying expectations in a time of low inflation. The cost of a 20-kilogram sack — commonly sold in supermarkets — has surpassed the psychological threshold of 60,000 won, up 17.2 percent from last year and 14 percent above the average. In some regions, prices have reached 70,000 to […]
Finimize Newsroom What’s going on here? Indian rice prices are sliding as a weaker rupee nudges exporters to trim rates, shaking up trade dynamics across Asia and beyond. What does this mean? India, the world’s top rice exporter, lowered prices for its 5% broken parboiled and white rice to $367-$371 and $361-$366 per tonne, shaving […]
By VNA Vietnam exported nearly 5.9 million tonnes of rice worth over US$3 billion as of August 15, according to the Vietnam Food Association (VFA). The country’s rice exports reached 5.87 million tonnes, valued at more than $3 billion, up 2.88% in volume but down 16% in value compared with the same period in 2024. […]
35% drop in cotton production expected; flood damages worsening economic crisis. By News Desk Flash floods in Punjab, Pakistan’s largest agricultural producer, have severely damaged thousands of acres of crops, according to preliminary assessments, according to Bloomberg. Around 60% of the province’s rice crops and 30% of its sugarcane have been lost. Cotton production is […]
BSS Traders report that the recent approval of rice imports from India through land ports has caused an oversupply in the market, leading to a decrease in prices. Prices for four types of rice have dropped by Tk 5 to Tk 8 per kg. After three months of price volatility, rice prices in major wholesale […]
Source: Milling Middle East & Africa India has teamed up with the World Food Programme (WFP) to combat global hunger by agreeing to supply fortified rice to crisis-affected populations worldwide. The partnership was formalized through a Letter of Intent (LoI) signed between the WFP and the Government of India, marking a new milestone in international […]
