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Major Vietnam rice stocks in distress despite rosy export outlook

By Ngoc Diem, Hai Yen Stocks of several major Vietnamese rice exporters, once prominent on exchanges, have dropped significantly as they grapple with financial distress. This is happening despite industry insiders sketching a positive outlook for rice exports this year. Trung An Hi-Tech Farming JSC, one of the first private rice exporters in Vietnam, suffered […]

An end of an era

BR Research Pakistan’s rice export industry is at a crucial juncture as it navigates FY25 following a record-breaking FY24, where exports reached over 6 million metric tons (MMT) and generated $4 billion in foreign exchange earnings. However, the outlook for this year indicates a potential decline due to both external and internal challenges. The beginning […]

Thai rice exports expected to be higher this year as India stays away

BANGKOK: Thailand’s rice exports this year are expected to be higher than last year despite the flood crisis, the Thai Rice Exporters Association said on Wednesday (Oct 16). Association president Chookiat Ophaswongse told Krungthep Turakij that the impact of the floods on rice production was not clear yet, saying the country’s most important rice plots […]

Pakistan achieves $4 billion in rice exports for the first time

Significant growth in basmati and silver rice production marks a new milestone for the nation’s economy. Samaa Web Desk Pakistan has achieved a historic milestone this fiscal year, generating $4 billion in revenue through rice exports for the first time. This accomplishment supported by the Sustainable Industries and Financial Corporation (SIFC) has prompted an increase […]

More rice sales to Cuba could help both countries

Increased trade only strengthens economic ties between the U.S. and Cuba but also plays a crucial role in addressing food security challenges on the island, according to USA Rice. Forrest Laws U.S. merchants shipped 1,125 metric tons of rice to Cuba in 2023. Considering that Cuba imports around 600,000 to 700,000 metric tons of rice […]

Kingdom earns $335 million from rice exports in Q3

Chea Vanyuth / Khmer Times Cambodia exported a total of 445,913 tonnes of milled rice in the first three quarters of this year, earning some $335 million in revenue, a Cambodia Rice Federation report said yesterday. Exported milled rice varieties included premium aromatic rice, fragrant rice, long grain white rice, parboiled rice, and organic rice, […]

India’s rice export boom: How India became the world’s grain powerhouse

India is leading the global rice market, but it’s more than just a grain game—it’s a tale of trade wars, culinary diplomacy, and the art of balancing supply and demand. Anushruti Singh Imagine this: India and its neighbouring countries are locked in tense trade negotiations, but there is one thing that unites them all—rice. India’s […]

Innoterra to scale up exports of basmati rice, spices from India

The company, which exports basmati rice from India, is considering investing in a rice mill as part of its backward integration plans, while expanding its spices exports basket. By Vishwanath Kulkarni The Swiss-Indian food and technology platform, Innoterra, is eyeing growth in its bulk commodities business of rice and spices exports from India on growing […]

Basmati rice prices fluctuate post-MEP abolition amid Middle East tensions 

Despite challenges in Iran and global uncertainties, significant exports continue, especially to the European Union. By Prabhudatta Mishra Basmati (paddy) prices have improved after the minimum export price (MEP) was abolished, but farmers are not as happy as they expected to get last year’s rates. However, current geopolitical tensions in the Middle East may drive […]