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Global rice prices drop as India lifts export ban

Exporters in Vietnam, Pakistan, Thailand and Myanmar also lowered prices by at least $10 (£7.51) per tonne on Monday, dealers said. GLOBAL rice prices fell on Monday (30) after India, the world’s top rice exporter, approved the resumption of exports, increasing global supply and offering more affordable options for buyers in poorer Asian and African […]

Punjab Approves New Basmati Rice Varieties to Increase Production

The Punjab Seed Council has officially approved two new basmati rice varieties, promising a 50% increase in yield compared to currently cultivated types. These new varieties are expected to produce between 60 and 65 maunds per acre, significantly improving the current average yield of 40-45 maunds per acre. At the Annual General Meeting on Tuesday, […]

India resumes non-basmati white rice exports amid rising domestic surplus

By Kim Joo-heon SEOUL, October 02 (AJP) – India has resumed exports of non-basmati white rice amid a significant rise in rice surplus. Basmati is a type of rice known for its low stickiness and long grains. On Saturday, the Indian government removed tariffs on non-basmati white rice exports and set a minimum export price […]

Global rice prices drop

MUMBAI: Global rice prices fell on Monday after India, the world’s no.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said. India on Saturday allowed exports of non-basmati white rice. That came a day after it cut […]

Non-Basmati white rice: Global rice prices drop after India allows exports

MUMBAI/ HANOI: Global rice prices fell on Monday after India, the world’s No.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said. India on Saturday allowed exports of non-basmati white rice. That came a day after New […]

Paddy procurement in UP to start from Oct 1 with 48-hour payment directive

The process will roll out in phases, beginning in western Uttar Pradesh and extending to the eastern districts later in the month, according to an official statement Press Trust of India Lucknow The Uttar Pradesh government will commence paddy procurement across the state starting October 1 and payments to farmers will be processed within 48 […]

UAE non-basmati rice prices set to drop 20% as India lifts export ban

Thailand and Pakistan are the other major rice exporters to the UAE, which is the world’s largest re-exporter of rice. by Waheed Abbas Non-basmati rice prices are expected to drop around 20 per cent in the UAE after India removed the export ban on the commodity. India is the largest source of rice imports for […]

Export ban on Non-Basmati White Rice lifted: why, what is the likely impact

The export ban had come amid a marginal dip in rice production and the looming threat of an erratic monsoon last year. What is the situation this year? What is India’s status as a rice exporter? We explain. Written by Harikishan Sharma The Centre Saturday (September 28) lifted the ban on export of Non-Basmati White […]

Why India’s easing of export curbs is important to global rice trade

India’s exports were bigger than the combined shipments of the world’s next four biggest exporters: Thailand, Vietnam, Pakistan and the United States. India has removed most of the export curbs it imposed on rice shipments in 2023 with immediate effect, as above-average monsoon rains are expected to boost crop yields amid overflowing stocks in state […]