Global rice prices Archives - Page 19 of 34

21
Jan

Ethanol production to get a boost from rice allocation at lower prices

ricenews / 1 year
0
3 min read

Grain-based ethanol manufacturers across Punjab, Haryana, Uttar Pradesh, Maharashtra, Madhya Pradesh, Bihar, West Bengal and Tamil Nadu currently using maize or rice as main feed stock. Written by Sandip Das The government decision to significantly reduce prices of the rice allocated for ethanol manufacturers from the Food Corporation of India’s (FCI) surplus stocks would bring […]

21
Jan

Some rice retailers found violating maximum SRP.

ricenews / 1 year
0
2 min read

Jervis Manahan, ABS-CBN News MANILA – Officials of the Department of Agriculture held a surprise inspection at the Trabajo Market in Manila to further ensure compliance to the ‘maximum SRP’ of imported rice that took effect on Monday. They found out that rice retailers are selling up to P65 per kilo, which is way above […]

20
Jan

Decline in rice prices forces farmers to sell off inventory to curb further loss.

ricenews / 1 year
0
2 min read

Rice prices have experienced a sharp decline, forcing businesses to sell off inventory to curb further loss. Several rice trading companies in the Cai Lay and Cai Be districts of Tien Giang Province in the Mekong Delta have advertised to reduce rice price to clear their warehouses. Tien Giang Province is home to approximately 500 […]

20
Jan

DTI intensifies price monitoring of rice, basic goods

ricenews / 1 year
0
3 min read

By: Alden M. Monzon – @inquirerdotnet The Department of Trade and Industry (DTI) has vowed to intensify price monitoring of basic commodities, including rice, canned goods, and bread, keeping a close eye on both costs as well as supply chain. “In ‘Bagong Pilipinas, empowered consumers are our priority. We ensure this by strengthening the DTI’s […]

18
Jan

Govt cuts reserve price of rice for OMSS to ₹2,250/quintal

ricenews / 1 year
0
3 min read

The revision comes as paddy production is estimated to reach record levels, prompting the government to ease the price to ensure surplus rice is effectively distributed. Dhirendra Kumar In a move to enhance food security and boost ethanol production, Union food and consumer affairs minister Pralhad Joshi announced a revision to the Open Market Sale […]

17
Jan

Asia rice: Weak rupee, plentiful stocks pin India rates to 18-month low.

ricenews / 1 year
0
1 min read

Reuters. HANOI, MUMBAI, BANGKOK AND BANGLADESH: Indian rice export prices fell to their lowest level in 18 months this week, pressured by a depreciation in rupee to a record low and ample supplies. Top exporter India’s 5% broken parboiled rice was quoted at $431-$440 per ton, the lowest since July 20, 2023, down from $436-$442 […]

14
Jan

Lower retail prices of imported rice seen

ricenews / 1 year
0
3 min read

By: Lisbet K. Esmael – @inquirerdotnet MANILA, Philippines — The government may cut the maximum suggested retail price (SRP) for imported rice if the “sharp decline” in global prices continues, an agriculture official said on Monday. Department of Agriculture (DA) Assistant Secretary Arnel de Mesa said that the global market had seen a drop in […]

13
Jan

Rice export prices drop to 4-year low.

ricenews / 1 year
0
3 min read

By Thi Ha. Vietnam’s 5% broken rice price has fallen to US$434 per ton, the lowest in four years, posing challenges for businesses and farmers. The price of the country’s 5% broken rice is now lower than that of its major competitors such as Thailand ($479), India ($440), and Pakistan ($448) per ton, according to […]

13
Jan

Target root cause of high rice prices.

ricenews / 1 year
0
4 min read

Since December last year, the Department of Agriculture (DA) has been announcing measures to address the stubbornly high prices of rice. As 2024 was about to end, it decided to order the removal of brand labels and “premium” and “special” markings on imported rice, suspecting that some industry players were using these to justify their […]

12
Jan

Why rice prices on the rise.

ricenews / 1 year
0
5 min read

Erratic weather patterns, including five phases of flooding, Cyclone Remal, and prolonged rainfall, have severely impacted Aush and Aman paddy cultivation. ANM Mohibub Uz Zaman The rice market in the country continues to face volatility, raising concerns over food security and price stability for millions. Despite government efforts to stabilise the market, low import volumes […]

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