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Basmati Rice Prices Surge, Impact of India-Pakistan Tensions

09 April 2025, New Delhi: Basmati rice prices have surged by up to 10% over the past two weeks, halting a six-month decline. This increase comes as a result of rising tensions between India and Pakistan, prompting buyers from West Asia to increase their purchases from India. The wholesale price of popular everyday boiled basmati […]

India–Pakistan Tensions: Basmati Rice Prices Surge

The increase was also driven by other factors, like changes in government’s rice export policy and weather patterns. Pallavi Nahata India-Pakistan tensions appear to be driving up prices of Basmati rice. Prices of Basmati rice in India have surged by about 18% over the past two months, rising from Rs 55 to Rs 65 per […]

Nigeria Gains As Global Rice Prices Crash

Lower rice prices will benefit price-sensitive consumers in Africa and other regions. By Channels Television Nigeria is among the top rice-importing countries currently reaping the benefits of a global slum in prices of rice to multi-year lows. Data obtained from a Reuters poll showed that the market slumped in April, a month after Delhi removed […]

Nigeria Among Top Beneficiaries as Global Rice Prices Fall to Multi-Year Lows

Opeyemi Owoseni Nigeria is reaping the benefits of a global slump in rice prices, as international markets adjust to rising supply levels and the removal of export restrictions by India historically the world’s largest rice exporter. According to a Reuters poll, global rice prices plummeted in April 2025, following India’s decision to lift the last […]

Global Rice Prices Have Hit A Floor, But India’s Supply Glut Will Smother Any Gains

By Reuters Global rice prices, which have tumbled to multi-year lows, are unlikely to fall further with top exporter India’s currency firming, but bulging Indian stockpiles and a bumper Asian crop will cap any rebound this year, industry executives say. While lower rice prices will benefit price-sensitive consumers in Africa and other regions, they are […]

Rice prices retreat in mid-April

PRICES rose for most major agricultural commodities in mid-April except for rice, according to the Philippine Statistics Authority (PSA). A kilo of regular-milled rice posted a national average retail price of P44.44 during the April 15-17 monitoring period, which the PSA refers to as the second phase of April. In the first phase of April […]

Asia rice: Strong rupee lifts Indian prices despite tepid demand

Reuters BENGALURU, MUMBAI, BANGKOK AND DHAKA: Indian rice prices climbed to a near one-month high this week, bolstered by an appreciation in the Indian rupee despite tepid demand, while Thai rice prices remained steady due to low demand and abundant supply. India’s rice prices for 5% broken parboiled variety was quoted at $390-$397 per ton, […]

Global rice price heads up as Thailand, Pakistan stocks drop 

Indian domestic prices under pressure as Chhattisgarh prepares to float tender to sell 3.5 million tonnes rice. By Subramani Ra Mancombu Rice prices have begun to rise after falling to two-year lows in the global market, as stocks with some exporters such as Thailand and Pakistan have declined. “Prices have begun to rise over the […]

Rice prices go down by Tk 6-10 per kg in local market

The prices of different kinds of rice have declined by Tk 6 to 10 per kilogram in Kushtia. Somoy National Desk Rice traders said that the prices of rice have been falling a little every day for a week due to the harvesting of new Boro paddy. Prices will drop further when new rice arrives […]