Lady Vicencio, ABS-CBN News MANILA — The price of well-milled rice sold under the Rice-For-All Program will decrease to P43 from P45 per kilo, the Department of Agriculture (DA) announced on Thursday. Selling of rice at P43 per kilo under the program will start on Friday in Kadiwa sa Pangulo sites in Luzon. DA Spokesperson […]
By Malavika Kaur Makol and Karl Lester M. Yap (Bloomberg) — Philippine sovereign bonds are seen extending gains as falling rice prices cool inflation and back the case for more interest-rate cuts. Inflation in the country slowed to a four-year low in September before India eased restrictions on rice exports. HSBC Holdings Plc expects the […]
Synopsis Rice prices in India have surged by 10-15% due to a rise in global demand after the government lifted export curbs on non-basmati rice. The move follows a reduction in export duties and comes with the country’s sufficient rice stock. Domestic prices are expected to stay firm until the new crop arrives. Rice prices […]
The benchmark for world food commodity prices saw its fastest increase in 18 months in September, with quotations up for all covered commodity groups, led by sugar, the Food and Agriculture Organization of the United Nations (FAO) reported Friday. The FAO Food Price Index, which tracks monthly changes in the international prices of a set […]
The domestic price of Thai white rice has begun to decrease following India’s resumption of non-basmati white rice exports. However, this shift has yet to affect this year’s rice export volume, according to Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association. Mr Chookiat said on Sept 28 the Indian government lifted a ban […]
The ration shops which have remained closed for some months now would be reopened to distribute rice and sugar. Press Trust of India Puducherry Puducherry Chief Minister N Rangasamy announced here on Sunday that his government has decided to distribute 10 kg rice and 2 kg sugar, free of cost, through fair price shops to […]
By VNA Vietnam exported over 7 million tons of rice worth US$4.37 billion in the first three quarters of 2024, up 9.2% in volume and 23.5% in value from a year ago. The average export price of rice stood at $624 per ton, up 13.1%, according to the Ministry of Agriculture and Rural Development. Recently, […]
ISLAMABAD: Pakistani rice traders said on Thursday that exports of the commodity could face a setback this year as neighboring India, one of the major competitors in the global market, had lifted restrictions on rice exports. Pakistan exported rice worth $3.9 billion this year as compared to $2.15 billion last year, benefitting from India’s more-than-a-year-long […]
FP Explainers The price of rice has dropped globally after India lifted its 2023 curbs on the export of non-basmati white rice and cut the export tax on white rice to zero and Pakistan removed its Minimum Export Price for all varieties. Let’s take a closer look The price of rice is going down, down, […]
Pia Gutierrez, ABS-CBN News. MANILA (UPDATE) – The National Food Authority is hiking the price of the rice it sells to P38 per kilo from just P25 a kilo. The NFA Council earlier approved the P13 increase in the price of NFA rice per kilo as part of efforts to minimize the agency’s losses in […]
