By Dimsumdaily Hong Kong 21st October 2024 – (Tokyo) Reports from local media on Monday revealed a significant 48% surge in the average price of newly harvested rice in Japan in September compared to the previous year. This sharp increase has been attributed to escalating production costs and heightened market demand following a supply shortage […]
Rice price expected to drop by Tk14.40 per kilogram. The government has reduced import duty and regulatory duty on the import of rice alongside withdrawing advance tax to keep the price of rice within the purchasing power of the general public. The National Board of Revenue (NBR) issued a gazette notification in this regard on […]
By HT Correspondent, Chandigarh Punjab Congress leader Partap Singh Bajwa says rice millers of the state have been staring at an estimated ₹6,000-crore loss. According to rice millers, CM Mann proposed transporting Punjab’s paddy to distant states like West Bengal and Kerala for milling, says Bajwa. Blaming the state government for “mismanagement” amid the rice […]
By bno – Taipei Office Metrobank Research has projected that declining rice prices will help maintain inflation at a stable 2% for the remainder of the year, enabling the Bangko Sentral ng Pilipinas (BSP) to consider further interest rate cuts to support economic growth. In its latest commentary, the bank highlighted that lower rice prices, […]
BR Research Pakistan’s rice export industry is at a crucial juncture as it navigates FY25 following a record-breaking FY24, where exports reached over 6 million metric tons (MMT) and generated $4 billion in foreign exchange earnings. However, the outlook for this year indicates a potential decline due to both external and internal challenges. The beginning […]
TOKYO (Kyodo) — The price of newly harvested rice has surged 48 percent from a year earlier to the highest level in 31 years, reflecting a shortage caused by extreme summer heat that reduced the previous season’s harvest, the farm ministry’s data showed Friday. The average price of unpolished rice sold by the National Federation […]
Rice export prices in India held near their lowest level in more than a year amid a slight improvement in demand, while Thailand rates rose as the Southeast Asian country sees consistent demand from its customers. Top exporter India’s 5% broken parboiled variety was quoted at $490-$495 per ton this week, unchanged from last week […]
By Mohd Nasaruddin Parzi KUALA LUMPUR: The Agriculture and Food Security Ministry believes that the ceiling price for local rice needs to be reviewed, taking into account current production costs, future cost projections and the movement of global white rice prices. Minister Datuk Seri Mohamad Sabu said the maximum price for local white rice (BPT) […]
SynopsisIndia’s 5% broken parboiled variety was quoted at $490-$495 per metric ton this week, the lowest since Aug. 24, 2023, amid weak demand and depreciation in the rupee. Rice prices across major Asian hubs declined to their lowest in more than a year this week, pressured by slow demand and increased supply after top exporter […]
BENGALURU/MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice prices across major Asian hubs declined to their lowest in more than a year this week, pressured by slow demand and increased supply after top exporter India recently eased restrictions on exports of the staple. India’s 5% broken parboiled variety was quoted at $490-$495 per metric ton this week, the lowest […]
