By VNA. Vietnam’s rice exports from Jan. 1-15 reached 268,700 tons worth nearly US$165.7 million, up 38.7% in volume and 23.28% in value year-on-year, according to the Vietnam Food Association. However, export prices for 5% broken rice fell to $413 per ton, with 25% broken rice at $387 per ton. Despite the positive start, the […]
Jovee Marie N. de la Cruz. RICE importers remained under scrutiny as the House Quinta Committee, also known as the Murang Pagkain Super-Comm, continued its investigation into their role in sustaining high rice prices despite a reported landed cost of P36 per kilo. During Tuesday’s hearing of the joint panel, chaired by Albay Rep. Jose […]
Manila (Agenzia Fides) – In an effort to curb the rise in rice prices, the Manila government has set a limit of 58 pesos per kilogram for imported rice, after carrying out “extensive consultations” with importers, retailers and government agencies. The measure, which came into effect on January 20, provides for a gradual reduction in […]
Rice millers worry about sharp fall in prices following India’s return to the export market An adviser to the Thai Rice Mills Association has called on the government to guarantee paddy prices at 10,000 baht per tonne, saying the prices of freshly-harvested rice had fallen to a 10-year low to 6,000 baht per tonne. Chamroen […]
Shahadat Hossain Market watchers cite poor stock, less procurement from the local market, and delays in import decisions created the scope for market manipulation amid lax monitoring of the market. Rice prices gaining Tk4-8 per kilogram just in a month that coincides with the arrival of the new Aman harvest come as a surprising shock […]
Veggie, potato prices down. Daily Sun Report, Dhaka The prices of all kinds of rice and chicken remained high in recent weeks, while vegetables and potatoes have experienced a decrease. Vegetable prices have significantly decreased in the recent weeks, making those more affordable for consumers. Potato prices dropped by Tk10 per kilogram within a week, […]
ASIA-RICE/ (REPEAT, PIX):RPT-ASIA RICE-Ample supply pushes India rates lower, Thai prices at 2-year low. Reuters. By Anushree Mukherjee Jan 23 (Reuters) – Rice prices from top exporter India extended declines to an 18-month low on rising supplies amid depreciation in the rupee, while weak demand pushed Thai rates to a two-year trough. India’s 5% broken […]
ECONOMYNEXT – Sri Lanka’s rice crisis, where prices have soared and red rice disappeared from shelves due to price controls ahead of the New Year, was due to wrong government data, Minister Nalinda Jayatissa said. “The actual problem is that there is no reliable data on the rice requirement of the country, how much is […]
By: Dianne Sampang. MANILA, Philippines — The Department of Agriculture (DA) is eyeing the country’s major retail chains to distribute affordable rice nationwide, emphasizing their crucial role in reaching many consumers. A statement on Thursday said that DA Secretary Francisco Tiu Laurel Jr. met with representatives of major retail chains on Tuesday to discuss the […]
By GMA Integrated News National Security Adviser Eduardo Año on Tuesday expressed support over the looming declaration of food security emergency on rice to address the increasing prices of the commodity. In a statement, Año emphasized that the country’s food security is a ”national security interest, adding that it is a major component of the […]
