Reuters Prices of parboiled rice exported from India fell this week as the rupee depreciated and supplies increased, while Vietnamese rates edged lower on fears of a potential drop in demand from the Philippines. Top exporter India’s 5% broken parboiled variety was quoted at $440-$446 per metric ton this week, down from last week’s $444-$450. […]
News Desk To ensure the country’s food security, the government will import 50,000 metric tonnes of non-basmati parboiled rice from India through an international open tender. Indian company M/s Bagadia Brothers Private Limited will supply this rice. The cost of importing 50,000 metric tonnes of rice will be Tk 274 crore 20 thousand, and the […]
World Agricultural Outlook Board Chairman Dr. Mark Jekanowski explains the changes in both world and U .S. rice balance sheets this month. World Rice Balance Sheets Update “Few changes this month in our rice outlook. Production was actually lowered by 100,000 tons, but still expected to be record high. Almost 534 million metric tons of […]
Marine products saw an increase of 17.82 per cent, with values jumping from $0.64 billion in November 2023 to $0.76 billion in November 2024. India’s exports saw significant growth across various categories in November 2024 compared to the same month last year. According to a government statement, rice exports surged by an impressive 95.18 per […]
India’s rice inventories reached a record 44.1 million metric tons on December 1, exceeding the government’s target by more than five times. The surplus is attributed to a bumper summer rice crop of 120 million tons, driven by ample monsoon rains and expanded planting areas. With export restrictions on most grades lifted, India, the world’s […]
Rice exports from other exporters like Pakistan are projected to decline by 12.3% year over year, according to estimates from S&P Global Commodity Insights analysts, due to India’s re-entry into the market. Prices have already been facing significant pressure from Indian pricing for both non-basmati and basmati varieties.Team RuralVoice India’s decision to lift its export […]
By Mayank Bhardwaj and Rajendra Jadhav NEW DELHI/MUMBAI, Dec 13 (Reuters) – Rice inventories in India surged to a record high at the start of December, reaching more than five times the government’s target and potentially boosting overseas shipments from the world’s biggest exporter of the staple food. Rice reserves, including unmilled paddy, in state […]
Synopsis Indian parboiled rice prices held steady this week due to strong African demand, counteracting pressure from new crop yields. Vietnamese prices fell on strong supplies, while Thai prices edged up slightly due to baht appreciation. The Indian rupee’s record low boosted exporter margins. Prices of parboiled rice exported from India held steady this week […]
Thai Rice Exporters Association points out that only the high fees for documentation prevent farmers and SMEs from exporting their rice The Thai Rice Exporters Association (TREA) criticised the government’s policy to boost rice exports by allowing all farmers and SME traders to export products by themselves as unattainable. Prime Minister Paetongtarn Shinawatra announced the […]
Government pushes for rice industry overhaul amidst growing organic focus. By Yun Hee-hun The government is planning to reduce rice cultivation area by 80,000 hectares (ha, 1 ha is 10,000 square meters) to prevent overproduction of rice. This area is about 300 times the size of Yeouido. The reduction will be allocated based on the […]
