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Global Rice Market Divergence: India’s Price Plunge vs. Bangladesh’s Inflationary Surge

Albert Fox The global rice market is fracturing under the weight of divergent economic forces. On one side, India’s record production and depreciating rupee are driving rice prices to multi-year lows, flooding global markets with cheap grain. On the other, Bangladesh—despite a robust harvest—struggles with stubborn inflation and acute food insecurity. This divergence presents a […]

India rice rates extend decline

Reuters BENGALURU, MUMBAI, BANGKOK, DHAKA AND HANOI: Indian rice export prices fell for a third straight week, pressured by weak demand, a soft rupee and oversupply, while domestic rates in Bangladesh remain high despite a bumper harvest. India’s 5% broken parboiled variety was quoted at $375-$380 per ton, its lowest since mid-2023. Last week, prices […]

Unfavorable monsoon raises concerns over reduced paddy production

Khabarhub KATHMANDU: Paddy planting has been severely affected in Madhes Province and other key grain-producing regions of Nepal due to this year’s unfavorable monsoon. On the recommendation of the Madhes Province government, the Federal Government has declared the province a disaster-prone area for three months. Stakeholders have expressed growing concerns over a potential decline in […]

Vietnam revises rice export laws to boost transparency and farmer income

The government is revising Decree 107 to streamline regulations in rice trading, aiming to stabilize prices and improve livelihoods for millions of farmers. The revision of Decree 107/2018/ND-CP on rice trading and exports has been widely anticipated by industry stakeholders, who hope the changes will foster a more transparent and healthy business environment. The ultimate […]

India-UK FTA: From Basmati Rice To Whisky — Here’s What Gets Cheaper

In India, prices are set to fall on popular British imports such as Scotch whisky, cars, cosmetics, medical devices, chocolates, soft drinks, and biscuits. NDTV Profit Desk India and the United Kingdom on Thursday signed a landmark Free Trade Agreement, officially called the Comprehensive Economic and Trade Agreement, aimed at deepening economic ties and boosting […]

SoKor’s rice donation to boost disaster response efforts – Romualdez

By Jose Cielito Reganit MANILA – Leyte 1st District Rep. Ferdinand Martin Romualdez on Friday thanked South Korea for its generous rice donation to the Philippines to support food security and disaster response measures. In an announcement on Tuesday, the Korean Embassy said it will donate 2,016 metric tons of rice to the Philippines “to […]

Niger govt signs $1.2bn pact to boost rice production

Niger State Government has signed a strategic pact with AfricRice Farm Centre in Bouake, Côte d’Ivoire, worth over $1.2 billion to boost rice production in the state. This partnership aims to increase the state’s annual paddy rice output from 1.5 million metric tons to 10 million metric tons by 2030. The agreement involves a 5,000-hectare […]

P20/kilo rice, farm to market roads remain work in progress

By JAMIL SANTOS, VINCE ANGELO FERRERAS, GMA Integrated News In his 2024 State of the Nation Address, President Ferdinand Marcos Jr. highlighted the hardships confronting the Filipinos due to the rising prices of food. “The hard lesson of this last year has made it very clear that whatever current data proudly bannering our country as […]

Assam is parched this monsoon – and its paddy farmers are getting desperate

The kharif paddy, transplanted in the monsoon and harvested in the winter, accounts for nearly 81% of Assam’s annual rice cultivation. Written by Sukrita Baruah. With rain just starting to pick up in various parts of Assam, which has witnessed a significant shortfall of rain this monsoon and a drought-like situation across nearly half the […]

Govt approves 18 improved rice varieties for cultivation

Star Business Report 80% of the variteies are suitable for the Boro and Aman seasons. The government has approved 18 improved rice varieties for cultivation, 80 percent of which are suitable for the Boro and Aman seasons, in an effort to raise agricultural productivity and enhance food security. Of the approved varieties, two — BRRI […]