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Indian move puts more pressure on Thai rice prices

Delhi to resume non-basmati rice exports as it seeks to expand world market share. NEW DELHI – India is preparing to resume exports of non-basmati white rice as inventories in the world’s biggest exporter of the grain surge and farmers prepare to harvest a new crop. New Delhi set a floor price for non-basmati exports […]

Farmers dump basmati produce on Amritsar city roads to protest low price

The sight of farmers throwing the basmati produce leaves city residents shocked. Manmeet Singh Gill ,Tribune News Service Anguished over the abysmally low prices being offered to them for basmati, the farmers here scattered the crop on city roads on Saturday and demanded that the government ensure a fair price. The farmers started their protest […]

India eases export restrictions on non-basmati white rice; minimum price cap set at $490 per tonne

The move has amended the export policy for non-basmati white rice (semi-milled or wholly milled rice, whether polished or gazed).Written By Nikita Prasad The government on Saturday, September 28, removed the blanket ban on overseas shipments of non-basmati white rice and imposed a minimum export price (MEP) of $490 per tonne. Exports of non-basmati white […]

Pakistan’s Rice Exports: A Potential Lifeline for the Struggling Economy

By Shahmir Kazi Pakistan’s rice exports have emerged as a beacon of hope for the country’s struggling economy, with an approximate 78 percent surge in FY23-24. This remarkable growth has not only bolstered foreign exchange reserves but also showcased the immense potential of the agricultural sector to drive economic recovery. Pakistan exported some 6 million […]

Rethinking Rice Farming: A Greener Approach

Traditional rice farming presents significant environmental challenges. Practices like burning leftover straw after harvest and submerging fields throughout the growing season waste water and release harmful greenhouse gases, particularly methane, into the atmosphere—impacting both the environment and human health. Fortunately, sustainable alternatives are available. Introducing dry cycles during rice cultivation can greatly reduce carbon emissions. […]

Myanmar Rice Federation says food sufficiency not a concern despite rice fields damaged by floods

Mizzima The Myanmar Rice Federation (MRF) said that country had no concerns over food security as they had enough rice stocks in hand despite about 5,000 acres of rice farmlands damaged by flood water. Myanmar experienced heavy rainfall across the country caused by the remnants of Typhoon Yagi resulting in flooding in some areas. Rice […]

Italian Rice Mills Enters Pakistan to Boost Rice Exports, Foreign Investment

Web Desk ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of a 50 percent shareholding in Fatima Euricom Rice Mills (Pvt) Ltd by Euricom S.P.A, a leading Italian agribusiness entity. According to a press release issued on Thursday, the acquisition, under the Share Purchase Agreement, demonstrates a major advancement in bringing direct […]

CCP approves 50% stake acquisition in Pakistani rice firm by Italy’s Euricom S.P.A

Deal signals growing foreign investment in Pakistan’s agri-business sector and aims to boost rice exports By News Desk The Competition Commission of Pakistan (CCP) has approved the acquisition of a 50 per cent shareholding in M/s. Fatima Euricom Rice Mills (Pvt) Ltd by M/s. Euricom S.P.A, a leading agri-business entity based in Italy. Under the […]

Thai rice export prices lower

BENGALURU/MUMBAI/BANGKOK/HANOI AND BANGLADESH: Thai rice export prices fell to a more-than-one-year low this week pressured by quiet demand and competition from cheaper rivals, while India prices edged higher on a stronger rupee, despite sluggish demand from Asian and African buyers. Thailand’s 5% broken rice was quoted at $550-$560 per ton, the lowest level since July […]