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Pakistani rice traders fear decline in exports amid competition with India

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 […]

Global rice prices drop as India lifts export ban

Exporters in Vietnam, Pakistan, Thailand and Myanmar also lowered prices by at least $10 (£7.51) per tonne on Monday, dealers said. GLOBAL rice prices fell on Monday (30) after India, the world’s top rice exporter, approved the resumption of exports, increasing global supply and offering more affordable options for buyers in poorer Asian and African […]

Global rice prices drop

MUMBAI: Global rice prices fell on Monday after India, the world’s no.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said. India on Saturday allowed exports of non-basmati white rice. That came a day after it cut […]

Farmers up in arms as traders set arbitrary rice prices

Traders have been accused of setting rice prices at will, exploiting local farmers. THATTA: Traders have been accused of setting rice prices at will, exploiting local farmers and causing widespread discontent among the community. Farmers from different villages of Thatta District, accompanied by leaders from the Grand Democratic Alliance (GDA) – including Shahnawaz Brohi, Mir […]

Non-Basmati white rice: Global rice prices drop after India allows exports

MUMBAI/ HANOI: Global rice prices fell on Monday after India, the world’s No.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said. India on Saturday allowed exports of non-basmati white rice. That came a day after New […]

UAE non-basmati rice prices set to drop 20% as India lifts export ban

Thailand and Pakistan are the other major rice exporters to the UAE, which is the world’s largest re-exporter of rice. by Waheed Abbas Non-basmati rice prices are expected to drop around 20 per cent in the UAE after India removed the export ban on the commodity. India is the largest source of rice imports for […]

Farmers up in arms as traders set arbitrary rice prices

Our Correspondent THATTA: Traders have been accused of setting rice prices at will, exploiting local farmers and causing widespread discontent among the community. Farmers from different villages of Thatta District, accompanied by leaders from the Grand Democratic Alliance (GDA) – including Shahnawaz Brohi, Mir Muhammad Brohi, Shahjahan Brohi, Ghulam Qadir Brohi, Muhammad Qasim Khaskheli, Ishaq […]

Pakistan removes floor price for rice exports

ISLAMABAD: Pakistan removed a floor price for rice exports on Friday, the country’s commerce ministry said, following a similar move by neighbouring India. The Ministry of Commerce said in a written notification that the minimum export price for rice which was last set in November would be removed “effective immediately”. Earlier this month, India removed […]

Indian move puts more pressure on Thai rice prices

Delhi to resume non-basmati rice exports as it seeks to expand world market share. NEW DELHI – India is preparing to resume exports of non-basmati white rice as inventories in the world’s biggest exporter of the grain surge and farmers prepare to harvest a new crop. New Delhi set a floor price for non-basmati exports […]