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International rice prices fall below projections – finance minister

Posted by: Denis Chabrol Even as the government is lobbying for more rice markets in places like Mexico and Saudi Arabia, the Ministry of Finance’s mid-year report on Guyana’s economic performance says the international price of the grain is expected to slump far below government’s projections. According to the document that was tabled in the […]

Rice prices down by up to 36% post-festive season

By Sutanuka Ghosal, ET Bureau Synopsis: Rice prices have dropped considerably after the festive season. This is due to a larger kharif rice harvest this year. Common non-basmati rice prices are down, and specialty varieties like Gobindobhog have seen a sharp fall. Basmati prices have also decreased. Exporters are exploring new markets like Japan and […]

Philippines extends rice import ban until year-end

Philippines MANILA: President Ferdinand Marcos Jr has approved the extension of the rice import ban until the end of the year to help stabilise farm-gate prices of “palay” (unhusked rice), Agriculture Secretary Francisco Tiu Laurel Jr said on Sunday (Nov 2). “With the import ban having little impact on retail prices and supply of rice […]

East Africa’s rice prices hold steady amid harvest season, currency shifts: AGRA

Kenya maintained the region’s highest rice price at US$1,264 per metric ton (MT) in both months, reflecting a marginal month-on-month decline of 0.03%. EAST AFRICA – National average rice prices across select East African countries remained relatively stable from July to August 2025, according to the Alliance for a Green Revolution in Africa (AGRA)’s Food […]

5 reasons why rice prices are rising in Bangladesh

The five reasons are: rising production costs, disconnect with global market trends, limited impact of cheaper imports, controlled import regime, and weather shocks and supply concerns. The Daily Star DHAKA – Rice prices have seen an abnormal increase recently in Bangladesh, despite higher yields and an adequate supply. Even a sharp drop in international prices […]

Thai rice prices extend slump to 18-year low

Thai prices hit lowest since October 2007, as demand from Asian, African buyers remains weak WRITER: Reuters Thailand’s rice export prices fell for the fifth straight week to an 18-year low, while Indian prices held near their lowest level in more than nine years this week, as top exporters struggled to secure any major deals […]

Global Rice Prices Take A Tumble, Except In Bangladesh

Plenty of supply and hesitant buyers are dragging down rice prices across Asia, while Bangladesh faces rising costs at home despite a healthy harvest. Finimize Newsroom What’s going on here? Rice prices have dropped to multi-year lows across most of Asia, but Bangladesh is heading in the opposite direction, with local prices rising even after […]

World Rice Prices Fall to 2015 Levels

The base price of rice in Asia has dropped to the lowest level in the past decade. This situation will lead to a decrease in expenses for households and countries dependent on imports, according to agronews.ua. Bloomberg reports that, according to the Thai Rice Exporters Association, wholesale prices for Thai white rice with 5% broken […]

India’s expanding rice export ambitions expected to weigh on global prices

India’s aggressive export drive is likely to extend its grip on global rice trade, where it already accounts for around 40% of shipments. INDIA – India, the world’s leading rice exporter, is seeking to further consolidate its dominance in the global rice market during the 2025/26 season, raising concerns over prolonged weakness in international prices. […]

Myanmar and Pakistan Undercut India’s Non-Basmati Rice Exports

India’s ambitious target of exporting 20 million tonnes of non-basmati rice in 2024–25 faces a setback as cheaper supplies from Myanmar and Pakistan undercut Indian prices in the global market. India’s hopes of exporting 20 million tonnes of non-basmati rice for 2024–25 seem to be fading, as cheaper rice from Myanmar and Pakistan is hurting […]