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Asia rice: Demand concerns weigh on Vietnam rates

Reuters BENGALURU, MUMBAI, HANOI, BANGKOK AND BANGLADESH: Vietnam’s rice export prices dipped to their lowest in more than a year on concerns about Indonesian rice imports in the coming year, while India’s rice prices held steady near their lowest levels in 15 months due to burgeoning supplies. Vietnam’s 5% broken rice were offered at their […]

TDAP backs Reap’s rice export expansion plan

Recorder Report KARACHI: Trade Development Authority of Pakistan (TDAP) has assured to facilitate rice traders to strengthen the rice exports to earn more foreign exchange. A delegation from the Rice Exporters Association of Pakistan (REAP), led by the Senior Vice Chairman Muhammad Jawed Jillani, met with officials from the Trade Development Authority of Pakistan (TDAP) […]

Committee concludes findings on interception of pesticides residue in rice consignments in EU

By Ghulam Abbas MoNFSR Secretary briefs NA’s Standing Committee on progress, confirming a thoroughly probe and will submit its findings shortlyISLAMABAD: The high-powered committee tasked with investigating the interception of pesticides residues in Pakistani rice consignments in European Union (EU) has completed its findings and will soon submit its report to the Prime Minister’s Office. […]

Pakistan seeks PHL guarantee to buy specific volumes of rice

PAKISTAN is seeking to increase its exports of rice to the Philippines if the latter commits to take up a guaranteed volume, its ambassador to Manila said. “We are the third-largest exporter of rice to Philippines next to Vietnam and Thailand…Our own share is less than 6%. We want to increase that share,” Ambassador Imtiaz […]

Rice exporter honoured at World Rice Conference 2024

MANILA: The Embassy of Pakistan in Manila is pleased to announce that Pakistani rice exporter Fuad Garib has been awarded the Best Market Achievement Award at the World Rice Conference 2024. This recognition marks the first time a Pakistani rice company has received this award on an international platform, a significant achievement for Pakistan’s rice […]

Pakistani rice offered lowest in Indonesia’s tender for 500,000 metric tonnes

The lowest price offered in the international tender from Indonesian state purchasing agency Bulog to buy about 500,000 metric tonnes of rice was estimated at $479 a tonne cost and freight (c&f) for rice expected to be sourced from Pakistan, European traders said on Friday. The lowest offer was said to have been made for […]

Global rice prices drop over 10% after India lifts all curbs on exports

Arrival of new crop in Pakistan, Myanmar add to the pressure on the market. By Subramani Ra Mancombu Rice prices in the global market have dropped by over 10 per cent over the past fortnight, mainly because of India lifting all curbs on exports and arrivals of new crops in Pakistan and Myanmar, traders said. […]