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India rice rates extend decline

Reuters BENGALURU, MUMBAI, BANGKOK, DHAKA AND HANOI: Indian rice export prices fell for a third straight week, pressured by weak demand, a soft rupee and oversupply, while domestic rates in Bangladesh remain high despite a bumper harvest. India’s 5% broken parboiled variety was quoted at $375-$380 per ton, its lowest since mid-2023. Last week, prices […]

India’s July rice stocks at record high, wheat hits four-year peak

Reuters MUMBAI: India’s rice stocks in government warehouses rose 15% from a year ago to a record high for the start of July, while wheat stocks reached a four-year peak driven by increased farmer procurement, official data showed on Tuesday. Record rice stocks will help the world’s biggest exporter increase shipments, while an improvement in […]

Soaring rice price: Speakers call for rationing for the poor

They have urged the government to take immediate action to resolve this pressing public crisis. The Bangladesh Food Security Network (Khani), an organisation working on food security and farmer rights, has called for the introduction of rationing for the nation’s poor and vulnerable population amidst a continuous surge in rice prices. The organisation expressed deep […]

Pakistan’s rice export revenue drops 15% in FY25 amid falling global prices

BR Web Desk Pakistan’s rice exports observed a notable drop in revenue in FY25 on account of a sharp decline in international prices, showed data released by Optimus Capital Management on Monday. As per the brokerage house, the country’s total rice exports stood at 5.8 million metric tons (MMT) in FY25, down by a modest […]

ASIA RICE-Surplus supply, tepid demand push India rates to over two-year low

ASIA-RICE/ (REPEAT):RPT-ASIA RICE-Surplus supply, tepid demand push India rates to over two-year low. Reuters Thai rates widen on increase in production costs Summer-autumn harvest in Mekong Delta peaking, trader says Bangladesh to import rice ahead of upcoming flood season By Ishaan Arora July 17 (Reuters) – Indian rice prices fell to their lowest level in […]

Japan Average Rice Price Down for 7th Straight Week

Tokyo, July 14 (Jiji Press)–The average price of rice sold at about 1,000 supermarkets across Japan in the week through July 6 stood at 3,602 yen per 5 kilograms, down 70 yen from the previous week, the seventh consecutive weekly fall, the agriculture ministry said Monday. In the reporting week, 11,742 tons of government-stockpiled rice […]

Rice prices on the rise, low income people under pressure

Nearly 1.3 million (13 lakhs) tonnes of rice have been imported in the country. At the same time, the last boro season yielded better production. Despite this, the rice price has not come down, rather it has been increasing. According to the Trading Corporation of Bangladesh (TCB), the lowest retail price for coarse rice in […]

Pakistan’s Rice Exports Remain Stable Despite India’s ‘Cheap’ Alternative

By Business Desk. Pakistan’s rice exports remained stable despite India’s heavily subsidized return to global markets in October 2024, following a two-year export ban. Pakistan exported 5.544 million tons of rice in the first 11 months of FY25, just 0.87 percent below the 5.593 million tons in the same period last year. India’s export pricing, […]

Food grain import costs set to outpace volume growth this fiscal

Yasir Wardad Rice imports mark a significant rise while wheat imports fall. The country’s food grain import cost is set to be considerably higher than the growth of its import volume in the outgoing this fiscal, available data revealed. According to the Ministry of Food, imports of food grain both by private traders and the […]