Thai exports to decrease as Indian restrictions ease, while long-term challenges remain, says BMI NEWSPAPER SECTION: Business Thai rice exports for the 2024-25 harvest season are expected to decrease after a positive 2023-24, due to the easing of Indian export restrictions on the grain, according to BMI, a Fitch Solutions company. While we forecast rice […]
By Ngoc Tai. Rice traders in the Mekong Delta are selling off their inventories on the streets at losses since export demand and prices are declining. Over the last month Nguyen Thi Lan, a trader based in Tien Giang Province’s Cai Lay town, has been selling the grain at VND11,800-15,000 (US$0.46-0.6) per kilogram on streets […]
Reuters MUMBAI: India needs to allow the export of 100% broken rice after inventories of the grain reached a record high at the start of February, nearly nine times the government’s target, exporters told Reuters. Exports of 100% broken rice could help reduce stocks in the world’s biggest exporter and enable poor African countries to […]
Mubarak Zeb Khan. ISLAMABAD: Pakistan’s raw food exports rose 8.17 per cent to $4.62 billion during the first seven months of the current fiscal year compared to $4.26bn in the corresponding period last year, mainly driven by a significant rise in rice shipments. The exports have risen for 18 consecutive months despite unprecedented food inflation […]
By Xinhua News Agency Vietnam plans to export over 7.5 million tons of rice in 2025, mostly from the Mekong Delta region, according to the Ministry of Agriculture and Rural Development. This year, the region is expected to produce around 24 million tons of rice. In the first half, approximately 4.53 million tons of rice […]
By Business Today Editorial. Thai’s Commerce Ministry is implementing seven measures to lift rice prices, such as paddy market fairs, export expansion and preparation for a subcommittee meeting on Feb 20. According to a report by Bangkok Post, Commerce Minister Pichai Naripthaphan said the recent dip in rice prices is primarily due to external factors, […]
Also known as region’s “scented pearl” long-grain rice experiencing growing demand in US and Europe. In a blow to India’s aspirations for claiming the ownership of basmati rice, Australia and New Zealand have recognised the precious long-grain commodity as a Pakistani product. The move comes against the backdrop of New Delhi’s push for basmati rice […]
HANOI, Feb. 18 (Xinhua) — Vietnam plans to export over 7.5 million tons of rice in 2025, mostly from the Mekong Delta region, according to the Ministry of Agriculture and Rural Development. This year, the region is expected to produce around 24 million tons of rice. In the first half, approximately 4.53 million tons of […]
Sreekanth Ravindran / Khmer Times The Philippines will support Cambodia in its strategy to attain the diversification of rice exports, according to a statement released by its Department of Agriculture (DAP). The statement, by Agriculture Secretary Francisco P Tiu Laurel Jr, following the two-day official visit of Prime Minister Hun Manet to the Philippines, was […]
SGGP Vietnam’s rice export prices are currently the lowest among the world’s top four exporters including India, Thailand, and Pakistan even as the domestic rice prices remain high. As reported by the Vietnam Food Association, on February 17, the export price of rice from Vietnam remained under US$400 per ton. In detail, the price for […]
