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Support for Japan PM Ishiba hits record low as rice price soars, Kyodo reports.

By Reuters. TOKYO, May 18 (Reuters) – Support for Japanese Prime Minister Shigeru Ishiba has hit a record low, with nearly nine out of every 10 voters dissatisfied with the government’s response to soaring price of rice, the nation’s beloved staple, Kyodo news agency reported on Sunday. Support for Ishiba’s government was at 27.4%, down […]

Vietnam forecast to become world’s second-largest rice importer by 2025-2026

By Vietnam News Agency. Vietnam is projected to become the world’s second-largest rice importer in 2025-2026, only after the Philippines, as the country must ramp up imports to meet export demand amid falls in domestic production, according to the latest World Agricultural Supply and Demand Estimates, released by the US Department of Agriculture (USDA). The […]

Asia rice: Rates subdued across top exporting hubs on weak demand, ample supply.

Reuters BENGALURU/MUMBAI/BANGKOK/HANOI AND DHAKA: Rice export prices in major Asian hubs were subdued this week, weighed down by weak demand and higher supplies, with Indian rates pinned near their lowest level in nearly two years. India’s 5% broken parboiled variety was quoted at $384-$391 per metric ton, unchanged from last week, while the 5% broken […]

Indonesia Plans 2,000-Ton Monthly Rice Exports to Malaysia.

Bambang Ismoyo Karawang, West Java. Indonesia is preparing to export at least 2,000 tons of non-premium rice per month to Malaysia as the country’s rice stockpile approaches 4 million tons, a senior official from the Agriculture Ministry said on Thursday. The export plan is currently in the administrative preparation phase and reflects a major shift […]

Indonesian farmers help drive down global rice prices: minister

Jakarta (ANTARA) – Agriculture Minister Andi Amran Sulaiman stated that Indonesian farmers play a crucial role in lowering global rice prices by boosting national production without relying on imports, thereby helping keep global supply stable and prices affordable. Sulaiman noted that the international price of rice has recently dropped to around US$390 per ton, down […]

Japanese consumers turn to rice alternatives in price surge

Soaring rice prices and increased consumer frugality are driving changes in dining habits of Japanese, including adding glutinous barley to rice and switching from rice to alternatives like bread and pasta. There have also been moves to introduce foreign-grown rice, though it was unpopular at the time of the 1993 rice shortage. Lawson introduced new […]

Japan weighs doubling stockpiled rice release to rein in price surge

KYODO NEWS. TOKYO- The Japanese government is considering roughly doubling the supply of stockpiled rice to make up for the shortfall as rice prices remain at near record highs, sources close to the matter said Thursday. The government is studying releasing 100,000 tons of reserve rice per month for three months through July, in addition […]

Asia Rice – India rates slide to near two-year low on weak rupee, lower demand; Vietnam prices edging higher

Source: The Star Indian rice export prices dropped to a near two-year low this week, weighed down by weaker demand and depreciation in the rupee, while Thai rates rose to a more than two-month peak. India’s 5% broken parboiled variety was quoted at $384-$391 per metric ton, down from the last week’s $390-$397. Indian 5% […]

Asia Rice – India rates slide to near two-year low on weak rupee, lower demand; Vietnam prices edging higher

HANOI (Reuters): Indian rice export prices dropped to a near two-year low this week, weighed down by weaker demand and depreciation in the rupee, while Thai rates rose to a more than two-month peak. India’s 5% broken parboiled variety was quoted at $384-$391 per metric ton, down from the last week’s $390-$397. Indian 5% broken […]