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Govt eases rules for rice export to Europe

Tribune News Service The government has introduced a significant relaxation in rice export regulations, aimed at streamlining trade to Europe. The Directorate General of Foreign Trade (DGFT), under the Department of Commerce, announced an amendment to the export policy for both basmati and non-basmati rice, effective immediately. Under the revised norms, exporters shipping rice to […]

Price manipulation of rice crop unsettles farmers

Almost 40% drop in purchase price of paddy sparks protests from agrarian community. Our Correspondent HYDERABAD: A close to 40% drop in the purchase price of the rice crop has unsettled the farmers, sparking reactions and protests from the agrarian community. The Sindh Abadgar Board, a group which campaigns for farmers’ rights, on Sunday held […]

Over 5L tonne paddy reaches grain markets, 96% lifted so far

Mohit Khanna – Tribune News Service In a major respite for the flood-hit farmers in Punjab, the pace of paddy procurement is gradually improving although crop arrival remains slow. Arhtiyas have expressed satisfaction over the ongoing lifting and payment process. Harbans Singh Rosha, president of the Khanna Grain Market Arhtiyas Association, said out of nearly […]

Rice prices keep rising despite record harvest, high imports

Yasir Wardad Rice prices continue to rise in Bangladesh despite record local production and high imports, increasing hardship for ordinary consumers. In Dhaka’s retail markets, coarse rice sells at Tk 58-62 per kg, medium quality at Tk 65-72, and fine rice at Tk 75-98, marking a Tk 2-3 increase over the past two weeks, according […]

Thai rice prices hover near 9-year lows

Story by Bangkok Post Thai export prices retreated further this week and hovered near nine-year lows, hurt by ample supplies and meagre demand, while Indian prices edged up from three-year lows, supported by a slight improvement in demand. Thailand’s 5% broken rice was quoted at US$345 per metric tonne on Thursday, its lowest since November […]

India imposes new condition on non-basmati rice exports

Our Correspondent, New Delhi The Indian government has announced that exports of non-basmati rice will now be allowed only after registration with the Agricultural and Processed Food Products Export Development Authority (APEDA), an arm of the Commerce Ministry. Bangladesh is one of the main importers of non-basmati rice from India. “The export policy of non-basmati […]

West African rice prices slump to one-year low amid weak demand, oversupply

Rice sourced from India and Thailand typically enters the region through Cotonou before being re-exported informally into Nigeria. WEST AFRICA – Rice prices in West Africa have fallen to their lowest levels in a year, weighed down by sluggish demand and excess inventories across key import hubs, according to S&P Commodity Insights. Platts, part of […]

Cambodia launches “Resilient Seeds” project to bolster rice sector

AKP The Royal Government of Cambodia inaugurated a new agricultural initiative on Thursday aimed at strengthening the nation’s rice seed sector and improving farmers’ resilience to climate change. Khim Finan, Under Secretary of State at the Ministry of Agriculture, Forestry and Fisheries, presided over the launch of the “Resilient Seeds for Farmers” project in Kampong […]