By Leenah Wahab Colombo, October 31 (Daily Mirror) – Despite the government regulating prices for Nadu rice at Rs. 220, prices have averaged Rs.235 a kilo in the market, according to recent reports. At a recent meeting with President Anura Kumara Dissanayake and the CAA, rice millers agreed to release Nadu rice to the market […]
KYODO NEWS TOKYO – Japan’s rice production for 2024 is expected to reach 6.83 million tons, exceeding the estimated demand for the year through next June of 6.74 million tons, the farm ministry said Wednesday. Private-sector rice inventories are projected to improve to 1.62 million tons by the end of June 2025 from an all-time […]
Arrival of new crop in Pakistan, Myanmar add to the pressure on the market. By Subramani Ra Mancombu Rice prices in the global market have dropped by over 10 per cent over the past fortnight, mainly because of India lifting all curbs on exports and arrivals of new crops in Pakistan and Myanmar, traders said. […]
Jasper Emmanuel Arcalas – The Philippine Star MANILA, Philippines — The Department of Agriculture (DA) will convene the leaders of large markets in Metro Manila next week to discuss and address why retail prices of imported rice remain above P50 per kilo despite the softening of wholesale prices. Agriculture Secretary Francisco Tiu Laurel Jr. said […]
Jasper Emmanuel Arcalas – The Philippine Star MANILA, Philippines — The scrapping of India’s minimum export price (MEP) on its non-Basmati white rice bodes well for the Philippines as it would further boost global grain supply and could lead to lower retail prices of the commodity, the Department of Agriculture (DA) said. “If India removed […]
BENGALURU/ MUMBAI/BANGKOK/HANOI/BANGLADESH: Rice export rates dipped across major Asian hubs this week after India abolished export duty on the staple and raised fears of over-supplying the market, pushing rates in the top exporter and in Vietnam to their lowest levels in more than a year. India scrapped the export tax on parboiled rice late on […]
KYODO NEWS Tokyo rice prices in October soared a record 62.3 percent from a year ago, government data showed Friday, as rising living costs have become a key issue in Japan’s general election being held this weekend. The surge in prices in the Japanese staple food, the largest since comparable data became available in 1971, […]
India, the world’s leading rice exporter, recently lifted its ban on white rice exports, significantly impacting the global rice market and specifically the Vietnamese rice sector. This development presents both opportunities and challenges for Vietnamese rice producers, according to insiders. According to experts, India’s decision to lift its ban on non-basmati white rice exports will […]
In Sept alone, Pakistan exported 374,000 metric tons of rice, generating $257.2m in foreign exchange. Zaheer Ali Khan Pakistan has witnessed a significant rise in the demand for its rice in international markets, earning over $721.8 million in foreign exchange from rice exports during the first quarter of the current fiscal year. According to official […]
Bella Cariaso – The Philippine Star MANILA, Philippines — Despite being the world’s biggest rice importer, with at least 3.29 million metric tons imported, retail prices of the staple in the country remain high, rice watchdog group Bantay Bigas has bewailed. Bantay Bigas spokesperson Cathy Estavillo cited the administration’s dependence on rice imports from countries […]
