By: Jordeene B. Lagare The Philippines is expected to import more rice this year and next, remaining as the world’s top importer of this staple food as the El Niño, La Niña and recent typhoons have curbed local production. In its latest Grain: World Markets and Trade report, the US Department of Agriculture’s Foreign Agricultural […]
Chemically fortified rice was labelled as unsafe for some. The government was under pressure in the Supreme Court to ensure it is not given to those who are at risk. The government instead set up a convenient expert panel to conclude that nobody needs to be warned to begin with.Shreegireesh Jalihal New Delhi: In 2021, […]
by Trade Brains In a significant shift in the global rice market, prices have experienced their sharpest decline in 16 years following India’s decision to relax export curbs. This move has sent ripples through the international rice trade, affecting both exporters and importers alike. India Loosens Export Controls The Indian government on September 28 announced […]
This fragrant, tender, fluffy rice variety is cherished across South Asia and the Middle East. By Perry Santanachote Basmati rice—often called the “queen of rice” in India and Pakistan—is cherished in kitchens worldwide, particularly in South Asian cuisines. When translated directly from Hindi, basmati means “queen of fragrance.” Its delicate aroma, long slender grains, and […]
SynopsisIndia’s 5% broken parboiled variety was quoted at $490-$495 per metric ton this week, the lowest since Aug. 24, 2023, amid weak demand and depreciation in the rupee. Rice prices across major Asian hubs declined to their lowest in more than a year this week, pressured by slow demand and increased supply after top exporter […]
BENGALURU/MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice prices across major Asian hubs declined to their lowest in more than a year this week, pressured by slow demand and increased supply after top exporter India recently eased restrictions on exports of the staple. India’s 5% broken parboiled variety was quoted at $490-$495 per metric ton this week, the lowest […]
Farmers like Amrik Singh from Amritsar are bearing the brunt of these developments. Singh, who sold his Basmati 1509 produce at Rs 2,600 per quintal today, is deeply disappointed. Written by Anju Agnihotri Chaba Farmers in Punjab are growing increasingly frustrated as the price of Basmati 1509 remains stubbornly low, despite the removal of the […]
The Union Cabinet on Wednesday also approved the development of the National Maritime Heritage Complex (NMHC) in Gujarat, which is aimed to showcase India’s maritime heritage and history. Dhruvaksh Saha, Press Trust of India, New Delhi The Cabinet on Wednesday decided to continue the supply of free fortified rice under the food law and other […]
HANOI: Vietnam’s rice exports this year are expected to be higher than 7.6 million metric tons, Vietnam Food Association’s chairman said on Thursday. The Southeast Asian country is the world’s third-largest rice exporter after India and Thailand, and its largest buyer is the Philippines. India’s recent moves to ease its rice export restrictions will not […]
Exporters say they incur $70/tonne additional costs; Customs officials playing safe to verify if shipments are white or parboiled rice. By Subramani Ra Mancombu India’s white and parboiled non-basmati rice consignments are being held up at major ports by customs authorities despite the government easing the curbs on shipments from the country. According to trading […]
