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Thai rice prices surge in 2024 as demand outstrips supply

Commerce Ministry reports that export prices have risen by up to 24% in boost for farmers. The Commerce Ministry has announced an increase in Thai rice prices for 2024, with both export prices and paddy prices on the rise. Jasmine rice has seen a significant price increase, with premium varieties fetching 16,000 baht per tonne. […]

Authorities promise to give rice farmers a fair deal

WRITER: Phusadee Arunmas The Commerce Ministry is monitoring the new harvest season of paddy rice, with a plan to implement support measures as approved by the National Rice Policy Committee (NRPC) to help farmers. Wittayakorn Maneenetr, a spokesman for the Commerce Ministry, said the Internal Trade Department is monitoring the price of paddy rice for […]

Thailand’s rice shipment up 20% in ten months

Thailand exported 8.37 million tonnes of rice in January-October, a year-on-year increase of 20%, according to the Ministry of Commerce. Bangkok (VNA) – Thailand exported 8.37 million tonnes of rice in January-October, a year-on-year increase of 20%, according to the Ministry of Commerce. The Southeast Asian country plans to ship more than 9 million tonnes […]

Customs imposes penalties on 2 firms for irregularities in organic rice exports 

Department takes ‘lenient view’ as they paid ₹17 lakh each per day as detention and demurrage charges for ships being held up. By Subramani Ra Mancombu The Indian Customs Department, an arm of the Finance Ministry, has imposed a fine of ₹75 lakh on two exporters for “misleading” authorities by trying to ship out non-basmati […]

Rice, coffee, fruit exports hit record high

Vietnamese exports have hit an unprecedented high, while vegetable and fruit exports brought $6.34 billion in the first 10 months of the year. The Ministry of Agriculture of Rural Development (MARD) reported that the total farm produce export turnover in the first 10 months of the year reached $51.74 billion, an increase of 20.2 percent […]

Vietnam to set new record in rice exports in 2024

Despite challenges in the global rice market, Vietnam’s is still on a right track to a new export volume record of over 8 million tonnes in 2024, surpassing last year’s result, according to insiders. o Ha Nam, Vice President of the Vietnam Food Association and CEO of Intimex Group, said that 2024 will be another […]