Việt Nam exported 800,000 tonnes of rice for US$505 million in October, bringing the ten-month total to 7.8 million tonnes worth $4.86 billion, up 10.2 per cent in volume and 23.4 per cent in value year-on-year. HÀ NỘI — Việt Nam sold 800,000 tonnes of rice overseas for US$505 million in October, bringing the country’s […]
By Ashitha Shivaprasad MUMBAI/BANGLADESH/BANGKOK/HANOI- Rice export prices in India extended losses this week to hit their lowest level in 15 months, due to depreciation in the rupee and rising supplies. Top exporter India’s 5 percent broken parboiled variety was quoted at $442-$449 per ton, the lowest since July 20, 2023 and down from the last […]
By Khaosod English BANGKOK — Thailand exported 7,448,941 tons of rice worth 172.019 billion baht in the first nine months of 2024 (January-September), an increase of 22 percent in volume and 45.8 percent in value compared to the same period in 2023, according to Pol. Lt. Col. Charoen Laothamatas, President of the Rice Exporters Association […]
Việt Nam is set to export over 8.6 million tonnes of rice in 2024 while also ranking as the third-largest importer globally. Meanwhile, the Southeast Asian country has also become a major importer of rice, ranking third after Indonesia and the Philippines, according to the latest forecast by the US Department of Agriculture. Data from […]
Arrival of new crop in Pakistan, Myanmar add to the pressure on the market. By Subramani Ra Mancombu Rice prices in the global market have dropped by over 10 per cent over the past fortnight, mainly because of India lifting all curbs on exports and arrivals of new crops in Pakistan and Myanmar, traders said. […]
According to the country’s Ministry of Agriculture and Rural Development, Vietnam exported more than 7 million metric tonnes of rice worth more than US$4 billion in the first three quarters of this year. This shows a growth of 9.2 per cent in volume and 23.5 per cent in value compared to the same period last […]
Basmati rice exports rose sharply by 11 per cent between April and September 2024, compared to the same period in FY24 reaching $2.87 billion, aided by the recent removal of the minimum export price. Abhijeet Kumar New Delhi India’s agricultural and processed food exports experienced a slight decline of 1 per cent, reaching $12.13 billion […]
No Vietnamese rice is named in the list of the grain seized by Swedish authorities on suspicion of quality fraud, according to the Vietnam Trade Office in the European country. Hanoi (VNA) – No Vietnamese rice is named in the list of the grain seized by Swedish authorities on suspicion of quality fraud, according to […]
BENGALURU/ MUMBAI/BANGKOK/HANOI/BANGLADESH: Rice export rates dipped across major Asian hubs this week after India abolished export duty on the staple and raised fears of over-supplying the market, pushing rates in the top exporter and in Vietnam to their lowest levels in more than a year. India scrapped the export tax on parboiled rice late on […]
Rice traders in Bangladesh are less interested in importing the grain despite the recent slash in related tariffs as they do not believe there is enough of a profit margin because of high prices on the international market. They added that doing so would have little effect on reducing domestic prices at this time. The […]
