Sukanta Halder Rice prices have been rising for roughly around one and a half years, with both premium and coarse varieties now at historic highs. Prompted by soaring prices and severe flooding in the northeast last August that devastated paddy fields, the interim government approved large-scale rice imports by private entities. But five months after […]
This is the first time for the government to make a release from its stockpile to stabilise the rice market. The Japan News TOKYO – The government on Monday began soliciting bids for 150,000 tons of stockpiled rice reserved for emergency use, which is being released to rein in soaring prices. Forty-one varieties of rice, […]
By Lan Do Vietnam’s central bank has directed commercial banks to promptly meet the loan needs of individuals and businesses involved in producing, processing, purchasing, temporarily storing, and consuming rice in 2025, particularly in the Mekong Delta. Vietnam’s rice exports in February were 560,000 tons or $288.2 million, down 13.6% in value year-on-year, according to […]
Vietnamese and Thai 5% broken rice have seen declines of 38-45%, with Vietnam’s prices falling from 680-700 USD per tonne to 390-400 USD per tonne, an unprecedented decrease. Hanoi (VNA) – Vietnamese Trade Counselor in India Bui Trung Thuong has urged Vietnamese rice exporters to strengthen their global competitiveness and diversify markets and sales channels […]
Synopsis Indian rice export prices reach their lowest since June 2023 due to weak demand and abundant supplies, with 5% broken parboiled rice quoted at $409-$415 per tonne. Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw […]
AN AGRICULTURE industry association asked the Tariff Commission to restore rice import tariffs to 35% for Southeast Asian grain, while imposing a 50% rate for all other countries of origin. Executive Order No. 62, which reduced the tariffs to 15%, has failed to reduce rice prices, as it had been designed to do, Samahang Industriya […]
Rizwan Bhatti. KARACHI: In a significant development for rice exports, Kenya has revised the Customs valuation of Pakistani rice downward by 25 percent, a move expected to enhance the export of Pakistani rice to the Kenyan market. This adjustment allows Pakistani exporters to export rice to Kenya at a new price of $460 per metric […]
Hanoi tells trade ministry told to boost rice exports to counter oversupply. WRITER: Reuters BANGKOK/HANOI – Thailand is seeking cooperation with India and Vietnam to find ways to tackle falling rice prices, Commerce Minister Pichai Naripthaphan said on Thursday, amid simmering protests by local farmers calling for more support from the government. Thailand is in […]
V. Subramanian, co-founder of SSricenews, noted a growing rice demand from Malaysia, China, and Africa, where buyers are increasing their purchases. This trend signals a potential trade boom in the coming months. HCM CITY — While rice prices remain competitive due to ample supply, the market is expected to regain momentum soon, according to experts […]
Reuters Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw increased demand. India’s 5% broken parboiled variety was quoted at $409-$415 per tonne, down from last week’s $413-$420. Indian 5% broken white rice was priced at $390-$400 […]
