In FY24, India shipped rice worth $10.41 billion, a decline of 6.5% on year, as shipments were hampered because of restrictions that were imposed to improve domestic supplies. Written by Sandip Das The government’s move to lift the ban on broken rice exports — the last of the restrictions on the shipments of the grain […]
By Lan Do Vietnam’s central bank has directed commercial banks to promptly meet the loan needs of individuals and businesses involved in producing, processing, purchasing, temporarily storing, and consuming rice in 2025, particularly in the Mekong Delta. Vietnam’s rice exports in February were 560,000 tons or $288.2 million, down 13.6% in value year-on-year, according to […]
India has exempted the need for a certificate of inspection for European countries except the UK, Iceland, Liechtenstein, Norway, and Switzerland for export of basmati and non-basmati rice.ANI New Delhi [India], March 10 (ANI): India has exempted the need for a certificate of inspection for European countries except the UK, Iceland, Liechtenstein, Norway, and Switzerland […]
Vietnamese and Thai 5% broken rice have seen declines of 38-45%, with Vietnam’s prices falling from 680-700 USD per tonne to 390-400 USD per tonne, an unprecedented decrease. Hanoi (VNA) – Vietnamese Trade Counselor in India Bui Trung Thuong has urged Vietnamese rice exporters to strengthen their global competitiveness and diversify markets and sales channels […]
Synopsis Indian rice export prices reach their lowest since June 2023 due to weak demand and abundant supplies, with 5% broken parboiled rice quoted at $409-$415 per tonne. Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw […]
Exporters say that rice exports in the entire FY25 may see an increase of 15%, because of a robust global demand, to cross a record $12 billion. Written by Sandip Das. The government on Friday lifted the ban on broken rice, which was imposed in September 2022. This was the last of restrictions on rice […]
Rizwan Bhatti. KARACHI: In a significant development for rice exports, Kenya has revised the Customs valuation of Pakistani rice downward by 25 percent, a move expected to enhance the export of Pakistani rice to the Kenyan market. This adjustment allows Pakistani exporters to export rice to Kenya at a new price of $460 per metric […]
The prices of non-packaged aromatic rice have gone up by Tk 10-20 a kg during Ramadan, a hike traders attribute to the government’s possible decision to permit the exports of this item. The retail prices of such rice now range between Tk 140 and Tk 150 a kg, according to grocers. Branded fragrant rice prices, […]
Trump administration could target Thailand because of its trade surplus, says academic Rice, one of Thailand’s key exports to the United States, is at risk of facing higher tariffs due to the protectionist policies of the Trump administration as part of his “America First” campaign, an expert warned on Friday. The campaign targets countries that […]
Thailand is in talks with some countries, including India, to reduce competition, hoping to create a balance in rice prices in the global market and help farmers have stable income. Bangkok (VNA) – Thailand is seeking cooperation with the world’s top rice exporters to find ways to tackle falling rice prices amid simmering protests by […]
