Global rice prices Archives - Page 12 of 34

02
Apr

Sri Lanka to Import Rice Amid Rising Prices and Shortages.

ricenews / 1 year
0
1 min read

COLOMBO (News 1st) – The Food Policy and Safety Committee has recommended the importation of rice to ensure an uninterrupted supply for consumers. This decision was made during the committee’s fifth meeting, chaired by Agriculture, Livestock, Land, and Irrigation Minister K.D. Lal Kantha and Trade, Commerce, Food Safety, and Cooperative Development Minister Vasantha Samarasinghe, held […]

02
Apr

Govt. focuses on further import of rice.

ricenews / 1 year
0
2 min read

The Food Policy and Security Committee has recommended the importation of rice in the near future to ensure an uninterrupted supply for consumers. A notable increase in rice prices has been observed in the market, along with reports of shortages in certain rice varieties, despite the current harvest season, according to the President’s Media Division […]

28
Mar

Asia rice: Weak demand, high supplies push Indian prices to lowest since June 2023.

ricenews / 1 year
0
1 min read

Reuters BENGALURU/MUMBAI/ BANGKOK/HANOI AND BANGLADESH: Indian rice prices fell this week to their lowest level since June 2023 on sluggish demand and ample supplies, while Thai rice export prices held steady near an over two-year low. India’s 5% broken parboiled variety was quoted at $395-$401 per tonne, down from the last week’s $403-$410. “Buyers are […]

25
Mar

Grain market review: Rice

ricenews / 1 year
0
3 min read

By Chris Lyddon. KANSAS CITY, MISSOURI, US – Slow demand in a well-supplied market has pushed global rice prices down in recent weeks. Buyers have held back as new crops increase availability. The International Grains Council (IGC) said in its March 20 Grain Market Report that “ample spot availabilities and generally weak buying interest continued […]

19
Mar

Rice market remains volatile despite large-scale imports from India

ricenews / 1 year
0
3 min read

Mohsin Ali Even after the arrival of 18,800 metric tonnes (MT) of rice from India via Benapole land port in the last four months, market prices remain high, causing hardship for consumers, particularly those from low-income groups. Despite government efforts to stabilise the situation, the price surge continues to strain household budgets. The substantial quantity […]

18
Mar

Rice exports hit by low demand, no price parity.

ricenews / 1 year
0
2 min read

Indore: Subdued demand amid lack of price parity has dampened spirits of rice exporters pinning elevated hopes on ban revocation on export of 100 per cent broken rice by the Indian government as lower prices by other exporting nations including Vietnam, Thailand and Pakistan has diminished demand. India on March 7 allowed the export of […]

17
Mar

DA’s MSRP tames rice prices; brings relief and stability to consumers.

ricenews / 1 year
0
3 min read

The implementation by the Department of Agriculture (DA) of a maximum suggested retail price (MSRP) on imported rice has resulted in a sharp reduction in prices without significantly disrupting the rice industry. Before the DA introduced the MSRP in early February, imported rice with 5 percent broken grains was being retailed at around P64 per […]

14
Mar

Japan sells 141,796 tons of reserve rice in auction.

ricenews / 1 year
0
2 min read

Japan’s agriculture ministry said Friday that it has selected successful bidders for 141,796 tons of government-stockpiled rice in the initial round of an auction aimed at curbing recent increases in rice prices. The weighted average of the auctioned rice prices came to 21,217 yen per 60 kilograms. The rice is expected to hit store shelves […]

12
Mar

BD gets offers in tender to buy 50,000 tons of rice

ricenews / 1 year
0
1 min read

Reuters HAMBURG: The lowest price offered in the tender from Bangladesh’s state grains buyer to purchase 50,000 metric tons of rice which closed on Tuesday was estimated at $429.55 a metric ton CIF liner out, traders said. The offer was believed to have been made by trading house Pattabhi Agro Foods, they said. Offers are […]

12
Mar

Minor changes for U.S. rice numbers

ricenews / 1 year
0
1 min read

By John Perkins. USDA made minimal adjustments to the domestic balance sheet for rice. Rice ending stocks were unchanged from February at 47 million hundredweight, with an increase for imports canceled out by higher exports. The USDA did raise the average estimated farm price $.20 to $15.60. In 2023/24, the average farm price was $17.30 […]

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