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Rice exporters may have a windfall as Bangladesh floats tender

NEW DELHI: In FY25, India exported 0.8 MT of rice to Bangladesh, which was 5.5% of the country’s total non-basmati rice exports of 14.13 MT. Bangladesh’s decision to float a tender for import of about 0.9 million tonne (MT) of rice on August 7 has pushed up the prices of non-basmati rice varieties in India. […]

A mountain of rice, but no more space to keep it: Punjab faces a familiar storage crisis

The backlog of around 20-30 LMT rice that is not being moved out of Punjab’s gowdowns every year is worsening the storage issue. Written by Kanchan Vasdev With the paddy season in full swing in Punjab and Chief Minister Bhagwant Mann asking the Centre to advance the official paddy procurement season by a fortnight this […]

High rice price hinders easing inflation

Despite a record Boro harvest, rice prices in Bangladesh remain unusually high, raising questions about market manipulation amid weak monitoring as well as regulation. A visit to several rice wholesale markets in Dhaka reveals only a marginal decrease in prices. Coarse rice is selling at Tk 55 per kilogram, while the ‘Atash’ variety is priced […]

Kharif Sowing 2025 Reaches 829.64 Lakh Hectares; Rice Up 29 Lakh, Oilseeds & Cotton Decline

Kharif sowing has increased by 31.73 lakh hectares compared to last year, with rice and pulses leading the growth. However, oilseeds and cotton have seen a decline in coverage despite overall positive trends. Saurabh Shukla India’s Kharif sowing for the 2025-26 season has shown promising progress, with a notable increase in the total cultivated area […]

India has lost its edge over Thai rice, says an exporter

India remains the powerhouse of the global rice trade, accounting for 35% of world rice exports. Global prices of rice have hit an 8-year low after New Delhi lifted the export curbs in March this year. By Manisha Gupta “Today, Thailand rice is at par with Indian prices, about $360-375 a tonne, which was never […]

Glut in supply drags down price of Karuppu Kavuni paddy, farmers hit

However, many farmers, lately, have been cultivating it during summer, likely due to its high price compared to conventional varieties. Express News Service MADURAI: An increase in the off-season cultivation of Karuppu Kavuni paddy – a traditional variety widely opted by farmers across several districts such as Madurai, Tiruchy and Virudhunagar – has created a […]

UK-India FTA: UK will have to wait at least half a decade for most tariff lines to go zero

57% of negotiated product lines to become tariff-free only after 2030; cosmetics, silver bars, and medicines among delayed categories. Ishaan Gera The recently concluded free trade agreement between India and the United Kingdom is unlikely to offer immediate gains for British exporters, with more than half of all tariff reductions delayed beyond 2030, a Moneycontrol […]

Global Rice Market Divergence: India’s Price Plunge vs. Bangladesh’s Inflationary Surge

Albert Fox The global rice market is fracturing under the weight of divergent economic forces. On one side, India’s record production and depreciating rupee are driving rice prices to multi-year lows, flooding global markets with cheap grain. On the other, Bangladesh—despite a robust harvest—struggles with stubborn inflation and acute food insecurity. This divergence presents a […]

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 […]