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Pakistani rice traders fear decline in exports amid competition with India

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 […]

Basmati rice exporters to Iran fear slowdown, payment delays

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 […]

Rice cultivation area in Punjab surges 18.9pc

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 […]

Myanmar Rice Federation says rice export must be carefully considered due to changing weather pattern.

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 […]

9-month rice imports hit all-time high

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 […]

Asian rice prices plunge as India eases export curbs

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 Onion and Basmati Rice story: Does India need a minimum export price?

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 […]

Pakistani rice traders fear decline in exports amid competition with India

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 […]