ASIA-RICE/ (REPEAT, PIX):RPT-ASIA RICE-High supply, weak rupee push India rates to near 2-year low. Reuters By Sherin Elizabeth Varghese May 22 (Reuters) – India’s rice export prices slid to a near two-year low this week, pressured by a weak rupee and rising supplies amid subdued demand, while export markets in other key Asian hubs remained […]
HANOI (Reuters): Indian rice export prices dropped to a near two-year low this week, weighed down by weaker demand and depreciation in the rupee, while Thai rates rose to a more than two-month peak. India’s 5% broken parboiled variety was quoted at $384-$391 per metric ton, down from the last week’s $390-$397. Indian 5% broken […]
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 […]
The Cambodia Rice Federation (crf) said in a news release on Monday that Cambodia exported 282,315 tonnes of milled rice in the first four months of 2025, earning a gross revenue of $209 million. The news release said forty-eight companies shipped the kingdom’s milled rice to 59 countries and regions during the January-April period this […]
A 20% export duty on parboiled and milled rice kicks in May 1, 2025, as India aims to secure food stocks and regulate rice trade amid inflation worries. The Ministry of Finance has imposed a 20 per cent export duty on parboiled rice and specific milled rice varieties, with the new rule taking effect from […]
Unloading of the rice has started after sample testing. UNB A vessel carrying 20,000 tons of rice from Vietnam arrived at Chittagong Port. The rice was brought under a government-to-government (G2G) agreement signed on February 3, 2025. Bangladesh had contracted to import a total of 100,000 tons of non-parboiled rice from Vietnam. All shipments under […]
Feyishola Jaiyesimi & Faith Donatus Nigerians may see relief in the prices of foreign parboiled rice on the back of a global glut occurring in major producing countries. This expected drop is largely due to a rice glut in India — world’s largest producer of the grain – which has bolstered global stockpiles for the […]
Shahadat Hossain Hilsa prices surge ahead of Pahela Baishakh. Rice prices remain high despite the resumption of imports last November and a fresh supply from the Aman harvest. Since November, the country has imported 8.20 lakh tonnes of rice, yet retail prices are among the highest on record. In Dhaka’s markets, coarse Gutiswarna is selling […]
By VNA Prices of rice shipped from Thailand declined to an over three-year low this week due to US President Donald Trump’s move to impose import tariffs and an existing market surplus. Meanwhile, India’s rice export prices neared a two-year low on subdued demand. The US announced to impose a flat 26% tariff on all […]
Industry leaders believe that the move will reinforce India’s standing in the global rice export sector. Harpreet Bajwa CHANDIGARH: The central government will implement a new tariff regime on rice exports from May 1. The regime seeks to classify rice based on processing method, variety, and GI tagging — a step that is expected to […]
