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ASIA RICE-Ample supply pushes India rates lower, Thai prices at 2-year low.

ASIA-RICE/ (REPEAT, PIX):RPT-ASIA RICE-Ample supply pushes India rates lower, Thai prices at 2-year low. Reuters. By Anushree Mukherjee Jan 23 (Reuters) – Rice prices from top exporter India extended declines to an 18-month low on rising supplies amid depreciation in the rupee, while weak demand pushed Thai rates to a two-year trough. India’s 5% broken […]

India’s rice exports defy restrictions, hold steady in 2024.

By News Desk. MUMBAI: India’s rice exports held steady in 2024 despite New Delhi’s export curbs, as record high premium basmati rice shipments offset a decline in overseas sales of non-basmati rice, government and industry officials told Reuters. A steady flow of rice from the world’s biggest exporter should help bring down global rice prices […]

India’s rice exports defy restrictions, hold steady in 2024.

Reuters. The country exports more rice than the combined shipments of the world’s next four largest exporters, including Thailand, Vietnam, Pakistan and the US. MUMBAI: India’s rice exports held steady in 2024 despite New Delhi’s export curbs, as record high premium basmati rice shipments offset a decline in overseas sales of non-basmati rice, government and […]

Rising imports, govt stock put little impact on rice market

Yasir Wardad Rising rice imports, aimed at fueling government stocks amid public procurement, have had hardly any impact on the rice market as prices of the essential item continue to be higher. On the other hand, a scarcity of coarse varieties like ‘Guti Swarna’ in the city has been forcing the poor to buy medium […]

Govt exploring multiple sources for rice import

Staff Correspondent . Chattogram Interim government’s food adviser Ali Imam Majumder said that the government was prioritising trade over politics, welcoming imports from neighbouring countries like India, Myanmar, and Pakistan due to their proximity and lower costs. He made the remarks on Tuesday while inspecting the unloading operations of imported food grains at Chattogram Port. […]

Ethanol production to get a boost from rice allocation at lower prices

Grain-based ethanol manufacturers across Punjab, Haryana, Uttar Pradesh, Maharashtra, Madhya Pradesh, Bihar, West Bengal and Tamil Nadu currently using maize or rice as main feed stock. Written by Sandip Das The government decision to significantly reduce prices of the rice allocated for ethanol manufacturers from the Food Corporation of India’s (FCI) surplus stocks would bring […]