KARACHI: Muhammad Kamran Khan Tessori, Governor Sindh, has assured his full support to resolve the issues and problems of rice exporters to earn more foreign exchange for the country. Governor on Wednesday visited REAP House and attended the charge taking ceremony of newly elected office-bearers of REAP. The ceremony was also attended by Muhammad Zubair […]
Exporters fear a pricing war as the South Asian rivals lift restrictions on global sales of rice. By Abid Hussain Islamabad, Pakistan – The global prices for different varieties of rice dropped on Monday after India and Pakistan made tit-for-tat moves to eliminate price caps and resume rice exports. On Saturday, the Indian government lifted […]
Indonesia, an agrarian country with fertile lands, has a rich history of rice cultivation, making it a significant player in the global rice economy. By Sekarsari Sugihartono Indonesia, an agrarian country with fertile lands, has a rich history of rice cultivation, making it a significant player in the global rice economy. Despite this natural endowment […]
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 […]
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, […]
Zahid Baig LAHORE: Rice exporters expressing their pleasure in achieving the USD 4 billion export mark have vowed to take the figure to USD 5 billion during the year 2025 as per a roadmap they submitted to the government. Malik Faisal Jahangir, who assumed the charge of Chairman of the Rice Exporters Association of Pakistan […]
The Italy-based business will own 50% of the new venture. Dean Best Euricom, the Italy-headquartered rice supplier, has set up a new venture in Pakistan to bolster its basmati business. The company has formed Fatima Euricom with local business Fatima Rice Mills. Financial terms were not disclosed. The Fatima Euricom venture will own the “most […]
By Ghulam Abbas ISLAMABAD: As the federal government continues to grapple with the unresolved wheat scandal inquiry, the Prime Minister has now formed another high-level committee to investigate the rising number of rice consignment interceptions in the European Union (EU). This new committee will also examine repeated complaints lodged by a commercial fumigator and clearing […]
By Bloomberg News A Russian company will export chickpeas and lentils in exchange for tangerines and rice from Pakistan amid difficulties in cross-border payments due to Western sanctions, Tass news service reported. Under an agreement signed at the Pakistan-Russia Trade and Investment Forum in Moscow on Tuesday, Russia’s Astarta-Agrotrading will supply 20,000 tons of chickpeas […]
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 […]
