The jeera masino rice, which cost Rs1,600 per 25 kg, jumped to Rs2,500 after India’s export ban in July last year. Despite India lifting the rice export ban and removing the export duty more than a month ago, prices in the domestic market have refused to come down. Most of Nepal’s city residents eat fine […]
Thailand has exported 7.45 million tonnes of rice during the first nine months, up 22.13% yoy. The Commerce Ministry expects that rice exports this year will rise to 9 million tonnes and generate revenue of US$6.4 billion, or 230 billion baht, for the country, Commerce Minister Pichai Naripthaphan said on Sunday. Pichai said Thailand has […]
Reuters MUMBAI/ HANOI /BANGKOK/BANGLADESH: Prices of rice exported from top hub India fell for a third straight week, hitting a 15-month low, due to rupee depreciation and increased supply. India’s 5% broken parboiled variety was quoted at $440-$447 per metric ton this week, the lowest since July 2023 and down from last week’s $442-$449. Indian […]
MANILA: The Embassy of Pakistan in Manila is pleased to announce that Pakistani rice exporter Fuad Garib has been awarded the Best Market Achievement Award at the World Rice Conference 2024. This recognition marks the first time a Pakistani rice company has received this award on an international platform, a significant achievement for Pakistan’s rice […]
Chea Vanyuth / Khmer Times Cambodia has earned over $1.5 billion from paddy and milled rice exports in the first ten months of this year, a report from the Cambodia Rice Federation (CRF) showed yesterday. From January to October of this year, the Kingdom exported 502,029 tonnes of milled rice to 66 foreign countries and […]
By: Jordeene B. Lagare The Philippines stands to benefit from the Indian government’s move to scrap the floor price on its rice exports as the recent development is expected to stabilize retail prices and supply of rice. Rowena Sadicon, founder of the Philippine Rice Information System, said the removal of the minimum export price (MEP) […]
BR Research From a record performance of nearly four billion dollars during the last financial year, Pakistan’s rice exports are set to decline by more than a billion dollars during the ongoing FY2024-2025. An estimated decline of $1.1 billion in annual earnings from rice exports will create a significant gap in the precarious balance of […]
Thai rice exporters are bracing for increased competition as India’s decision to lift its export restrictions threatens to drive down global prices, the Rice Exporters Association of Thailand has warned. Despite the looming challenges, October exports are expected to reach at least 700,000 tonnes, according to Lt Col Charoen Laothamatas, the association’s president. This robust […]
Synopsis Bangladesh received a lowest offer of $477 per tonne for 50,000 tonnes of rice from India in a tender aimed at securing supplies after devastating floods. While the offer is under consideration, the government plans to import a total of 500,000 tonnes and allow private imports to combat soaring food prices. The lowest price […]
Industry leaders at the FSII meet in Chandigarh urged Punjab to adopt high-yield, stress-tolerant rice varieties to enhance productivity and sustainability, highlighting the need for policy support and farmer education. KJ Staff To address the challenges of rice productivity in Punjab and ensure the rice bowl of the country retains its pride, industry leaders on […]
