The evolution of the rice market signifies a shift away from the purely commodity-driven mindset of the past. By Kunal Gupta The Indian rice market has undergone remarkable changes in 2024, mirroring evolving consumer preferences and vibrant socio-economic trends. A key aspect of this transformation is the shift from loose to packaged rice, which has […]
COLOMBO (News 1st) – Minister of Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe said that nearly 8,000 metric tons of imported rice have been released into the market. The rice, that had been imported through open tenders was distributed to meet market demand. The Minister assured that all departments have been instructed to […]
By Anjana Anil HANOI (Reuters): Prices of parboiled rice exported from India held steady this week as strong demand from Africa offset pressure from new crop yields, while Vietnamese rates decreased due to strong supplies and Thai rates edged up on baht appreciation. Top exporter India’s 5% broken parboiled variety was quoted at US$444-$450 per […]
During this period, approval was granted to import 392,000 metric tons of rice. Tribune Desk After the government announced the withdrawal of customs duties, 3,320 metric tons of rice were imported from India through the Benapole land port in Jessore over 25 days. During this period, approval was granted to import 392,000 metric tons of […]
By Mayank Bhardwaj and Rajendra Jadhav NEW DELHI/MUMBAI, Dec 13 (Reuters) – Rice inventories in India surged to a record high at the start of December, reaching more than five times the government’s target and potentially boosting overseas shipments from the world’s biggest exporter of the staple food. Rice reserves, including unmilled paddy, in state […]
Synopsis Indian parboiled rice prices held steady this week due to strong African demand, counteracting pressure from new crop yields. Vietnamese prices fell on strong supplies, while Thai prices edged up slightly due to baht appreciation. The Indian rupee’s record low boosted exporter margins. Prices of parboiled rice exported from India held steady this week […]
By Arvin Donley JAKARTA, INDONESIA — Decreased wheat demand for feed use and increased rice production will lead to sharply reduced Indonesian imports in the 2024-25 marketing year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. The agency sees the country’s wheat imports declining from last year’s […]
Besides, it recommended adding the “condition of approval of the Ministry of Commerce subject to the recommendation of the Commission before exporting all types of rice bran oil” The Trade and Tariff Commission has recently sent letters to the commerce ministry and the National Board of Revenue (NBR) seeking higher regulatory duty on the export […]
They have expressed concern about the lack of space to accommodate new paddy stocks from the upcoming procurement cycle. Express News Service JEYPORE: The non-availability of adequate storage space in rice mills has cast uncertainty over the scheduled paddy procurement for the current Kharif season in Koraput district, set to begin on December 11. Millers […]
The State Government had already ordered a probe into the illegal export of rice from Kakinada port after a West-Africa bound cargo ship was seized with 38,000 metric tonnes of rice. By BL Hyderabad Bureau. Andhra Pradesh Food and Civil Supplies Department has seized 483 tonnes of rice meant for Public Distribution System (PDS) from […]
