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Thailand’s golden rice grain faces storm from strong baht and India

Bob Scott Thailand’s rice exports are teetering on the edge of crisis with looming threats from a strong baht and potential policy changes in India. The Thai Rice Exporters Association has cast a shadow over next year’s outlook, predicting exports might flop below the eight million tonnes mark. Chookiat Ophaswongse, the association’s honorary president, revealed […]

Basmati price: Rice export boom ends after India’s move

Mushtaq Ghumman ISLAMABAD: The period of a massive boost to Pakistan’s rice exports is over after the Indian government’s decision to remove the floor price of Basmati rice and relax restrictions on export of other rice varieties. Well informed sources told Business Recorder that Pakistan Rice Exporters Association (REAP) has approached the government and shared […]

Thai rice exports forecast to fall next year

Strong baht and more competition from India expected to affect sales. Thailand’s rice exports are likely to total less than 8 million tonnes next year based on a host of risk factors hampering their competitiveness, such as the strong baht and the possibility of India lifting its export restrictions at year-end. Chookiat Ophaswongse, honorary president […]

India Eyes Changes in Rice Export Policy to Address Surplus and Lower Global Prices

Neha Raj India, the world’s largest rice exporter, is contemplating easing restrictions on non- basmati rice exports. This move comes shortly after the country removed the minimum export price for basmati rice, aimed at enhancing global competitiveness and expanding its market reach. Background and Current Situation India has maintained export limits on several rice varieties […]

Take our inputs, say rice millers

Chandigarh. The Punjab Rice Millers Association has called for the Inclusion of its input in the state’s draft agriculture policy, particularly regarding the proposed phase out of paddy cultivation in 15 blocks where groundwater has been overexploited Ranjit Singh Jossan, vice president of the association, said “The govt’s draft agricultural policy released recently discusses a […]

Govt mulling lifting ban on non-basmati rice export: Food Secretary

The government is mulling lifting the ban on export of certain varieties of non-basmati rice, Food Secretary Sanjeev Chopra said on Wednesday. Press Trust of India New Delhi The government is mulling lifting the ban on export of certain varieties of non-basmati rice, Food Secretary Sanjeev Chopra said on Wednesday. “It (lifting of export ban […]

India considers easing export curbs on non-basmati rice as supplies improve

Synopsis India is considering easing restrictions on non-basmati rice exports as inventories surge and a new crop is set to be harvested. This move follows recent measures to boost farmers’ incomes ahead of state elections. The government is also looking at adjusting policies on parboiled and non-basmati white rice exports. India is considering easing curbs […]