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ASIA RICE – Fresh supplies push India rates to 19-month low; Vietnam prices tumble.

AseanPlus News HANOI/MANILA (Reuters): Indian rice export prices dropped to an over 19-month low this week, weighed down by rising supplies from the new season crop and a plummeting rupee, while Vietnam’s rates slid to their lowest level since early September 2022. India’s 5% broken parboiled variety was quoted at US$418 to US$428 per metric […]

Government extends time to export broken rice to Senegal

Written By: PTI The government on Thursday said exporters can ship broken rice to Senegal till February 28, according to a notification. The government on Thursday said exporters can ship broken rice to Senegal till February 28, according to a notification. The Centre banned exports of broken rice on September 8, 2022, and then amended […]

Exporters encouraged to trade new rice varieties.

Trichy: Aimed at promoting export opportunities for non basmati rice varieties, Anbil Dharmalingam Agricultural College and Research Institute (ADAC&RI) here on Wednesday conducted a workshop for farmers, entrepreneurs, and exporters Participants visited the sample paddy fields where the advantages of cultivating TRY3 and TRYS rice varieties were explained “IRYI variety has superiority over other varieties […]

India sends 16,000 tonnes of rice to Bangladesh despite tensions.

Bangladesh is set to receive 300,000 tonnes of rice from India under an agreement. By PTI Notwithstanding the tense relations between India and Bangladesh ever since the ouster of former prime minister Sheikh Hasina in August last year, a second consignment of rice from India arrived at Mongla Port on Saturday, a media report said. […]

Rice industry calls for budget support to boost exports, agri infra.

IREF VP called for raising the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme from 1 per cent to 3 per rcent and reintroducing the interest equalization scheme to support exporters. Press Trust of India Kolkata The Indian rice industry has urged the government to provide incentives and policy support in the upcoming […]

Rice and broken rice export earns US$1331.899million in last year

Global New Light of Myanmar Rice and broken rice export to nearly 50 destinations in last year earned US$1331.899 million, said Myanmar Rice Federation in a statement. 103 companies exported rice and broken rice totalling 2,767,414 tonnes to 49 countries, earning US$1331.899 million. MRF has worked on rice and broken rice export in accordance with […]

Inter-cropping of floriculture with rice to boost farmers’ income. 

The country’s floriculture industry has grown into a high-performing sector, earning its status as a ‘sunrise industry’ with a 100% export orientation, according to the Survey. Written by Sandip Das. The survey has noted that growing flowers in rice-based crop sequences gave higher net returns than other intercropping patterns such as rice-soybean, rice-bell pepper, rice-fodder […]

Rice exporters advocate urgent reforms.

Recorder Report. KARACHI: In a bid to safeguard the future of the rice export industry, exporters have urged for immediate reforms for the export of rice aimed at reducing disruptions and streamlining the export process, ensuring greater efficiency and smoother operations. Rice exports reached a record high of $4 billion in the last fiscal year […]

Asia Rice: Muted demand and rising supply keep Indian, Thai rates steady.

Reuters. MUMBAI, BANGKOK AND BANGLADESH: Prices of rice shipped from top exporter India were steady at an 18-month low while Thai rates were also unchanged from last week, amid muted demand and rising supplies. India’s 5% broken parboiled variety was quoted at $429-$435 per metric ton this week, unchanged from last week. Indian 5% broken […]