Nuzhat Nazar ISLAMABAD: Federal Minister for Information, Ataullah Tarar, on Friday, said Pakistan is set to export 100,000 tons of rice to Malaysia as part of the efforts to improve the country’s economy. The minister highlighted the success of the recent visit of Malaysian Prime Minister Anwar Ibrahim to Pakistan. He emphasised that the visit […]
ISLAMABAD: Pakistani rice traders said on Thursday that exports of the commodity could face a setback this year as neighboring India, one of the major competitors in the global market, had lifted restrictions on rice exports. Pakistan exported rice worth $3.9 billion this year as compared to $2.15 billion last year, benefitting from India’s more-than-a-year-long […]
About 25 per cent of basmati rice exported from India is sent to Iran, which is badly affected due to the uncertainty due to its conflict with Israel. Reported by Himanshu Shekhar Mishra. New Delhi: In a grain market of Uttar Pradesh’s Ghaziabad, the price of the Paddy (Dhan) Basmati 1509 rice variety has decreased […]
According to the commerce ministry, India’s basmati rice exports during 2024-25 (April-July) was 1.91 million tonne (MT), out of which shipment to Iran had a share of around 19%.Written by Sandip Das Just a few days after the government removed the minimum export price (MEP) of $ 950/tonne on the basmati rice, exporters have started […]
By Nadeem Shah MULTAN: In a significant agricultural shift, Punjab is poised to increase its cultivation of paddy this year, predominantly due to encouraging incentives for growers and consistent policy towards the sector. The crop is expected to be harvested from October 1 in rice-producing districts across Punjab. The Punjab rice-producing districts demonstrate an unusual […]
Mizzima Myanmar Rice Federation (MRF) said the country needed to carefully consider rice export as weather patterns are changing. Currently, weather patterns are frequently changing and many countries including Myanmar faced huge impacts from climate change resulting in heavy rainfall and severe floods. The country needs to consider more self-sufficiency and price stability in the […]
By Thi Ha Vietnam, the third largest rice exporter after Thailand and India, saw its rice imports skyrocket by 57%, hitting nearly $1 billion in the first nine months of this year, establishing a new record. Industry insiders say that as farmers focus on cultivating higher-value rice varieties for export, local companies have ramped up […]
BENGALURU /MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice export prices in Asia dropped sharply this week after India, the world’s largest exporter of the staple, eased restrictions on exports, increasing competition in the region. India on Saturday allowed exports of non-basmati white rice, a day after cutting export duty on parboiled rice to 10% from 20%. “India’s decision […]
The recent lifting of the Minimum Export Price (MEP) aims to boost agricultural exports, yet critics argue it’s a redundant policy harming small farmers and failing to control food inflation. India’s export bans on rice and fluctuating MEPs reflect ongoing efforts to manage domestic supply and prices, while the country remains a major exporter of […]
ISLAMABAD: Pakistani rice traders said on Thursday that exports of the commodity could face a setback this year as neighboring India, one of the major competitors in the global market, had lifted restrictions on rice exports. Pakistan exported rice worth $3.9 billion this year as compared to $2.15 billion last year, benefitting from India’s more-than-a-year-long […]
