By Thi Ha. Retail rice prices in HCMC and Hanoi have stood firm at high levels despite paddy and export rice prices falling 40-50% to their lowest in years. Data from the Vietnam Food Association shows that paddy prices have decreased by 40-50% year-on-year to VND5,400-9,500 (US$0.2-0.37) per kilogram, depending on the variety. Meanwhile, the […]
KYODO NEWS. TOKYO: Japan’s private rice imports have already reached a record-high 468 tons in the current fiscal year through March, driven by robust demand from restaurants amid soaring prices for the domestic crop, according to government data. The import volume from April to December last year, the highest since the farm ministry began collecting […]
By Jiang Xueqing in Tokyo. Japan’s agriculture ministry has announced that it will release 210,000 tons of rice from government reserves to address soaring prices. This marks the first time that stockpiled rice will be released specifically to stabilize supply. Japanese Agriculture Minister Taku Eto said at a news conference following a Cabinet meeting on […]
Reuters. BENGALURU/ MUMBAI/HANOI/BANGKOK AND BANGLADESH: Prices of rice exported from India extended their slide to their lowest level in over 19 months this week and Vietnam’s rates slipped to a two-year low, with an influx of fresh harvest supplies and delayed purchases. India’s 5% broken parboiled variety was quoted at $416-$425 per metric ton this […]
KYODO NEWS. TOKYO: The government will release up to 210,000 tons of its stockpiled rice, farm minister Taku Eto said Friday, in a bid to ensure smooth distribution of the Japanese staple amid soaring prices. The stockpiled rice will be handed over to wholesalers in mid-March after bidding and is expected to hit store shelves […]
Vietnam’s rice industry has gone beyond quantity, focusing on quality and sustainability. The shift has brought higher prices, international recognition, and greater income for farmers, marking a historic year for the sector. Vietnam’s rice exports reached a record $5.7 billion in 2024, an achievement that goes beyond numbers. More than just selling at high prices, […]
By KHOO GEK SAN and ZAKIAH KOYA. KUALA LUMPUR: The floor price of padi has been adjusted to RM1,500 per tonne, up from the RM1,300 per tonne prior to this and will take effect from Feb 16. The government will also maintain the price of local white rice at RM2.60 per kg by absorbing approximately […]
By: Jordeene B. Lagare. MANILA, Philippines — The prices of different types of rice sold under the Rice-for-All program of the Department of Agriculture (DA) will drop by P2 to P3 starting on Feb. 12. According to the DA, the price cuts will apply to broken rice or rice grains that are broken or fragmented […]
By Thi Ha . The export price of Vietnam’s 5% broken rice price fell by 5.9% from the end of 2024 to US$399 per ton last Friday, the lowest in nine years. It was $32 and $14 per ton lower than similar products sold by Thailand and India, two other top rice exporters, according to […]
By bno – Taipei Bureau The rice trade between the Philippines and Vietnam is facing disruption as a sharp decline in prices has led to delays and renegotiations of significant purchases. Importers in the Philippines, one of the world’s largest rice buyers, have put off acquiring approximately 350,000 tonnes of Vietnamese rice, as prices have […]
