By Susan Reidy NEW DELHI, INDIA — The Indian government will resume non-basmati white rice exports with a minimum floor price of $490 per tonne, ending a ban that started in July 2023. In the last several weeks, the government has gradually eased restrictions on premium, aromatic basmati and parboiled varieties. It eliminated the minimum […]
Mizy Clifton Global rice prices fell the most in 16 years after India — the world’s biggest producer — lifted some export restrictions, alleviating fears of worsening global food insecurity. The decision was driven by better-than-expected harvests, and spurred rice exporters in Pakistan, Myanmar, Thailand, and Vietnam to slash prices to compete with the huge […]
BW Online Bureau India is the leading exporter and grower of basmati rice, followed by neighboring Pakistan. Rice prices have shown signs of uptrend after India removed export restrictions and opened new business avenues for exporters. The removal of trade barriers has helped Indian rice exporters regain competitiveness in the overseas markets. According to traders, […]
KARACHI: Muhammad Kamran Khan Tessori, Governor Sindh, has assured his full support to resolve the issues and problems of rice exporters to earn more foreign exchange for the country. Governor on Wednesday visited REAP House and attended the charge taking ceremony of newly elected office-bearers of REAP. The ceremony was also attended by Muhammad Zubair […]
The Punjab Seed Council has officially approved two new basmati rice varieties, promising a 50% increase in yield compared to currently cultivated types. These new varieties are expected to produce between 60 and 65 maunds per acre, significantly improving the current average yield of 40-45 maunds per acre. At the Annual General Meeting on Tuesday, […]
Zahid Baig LAHORE: Rice exporters expressing their pleasure in achieving the USD 4 billion export mark have vowed to take the figure to USD 5 billion during the year 2025 as per a roadmap they submitted to the government. Malik Faisal Jahangir, who assumed the charge of Chairman of the Rice Exporters Association of Pakistan […]
By Ghulam Abbas ISLAMABAD: As the federal government continues to grapple with the unresolved wheat scandal inquiry, the Prime Minister has now formed another high-level committee to investigate the rising number of rice consignment interceptions in the European Union (EU). This new committee will also examine repeated complaints lodged by a commercial fumigator and clearing […]
By Bloomberg News A Russian company will export chickpeas and lentils in exchange for tangerines and rice from Pakistan amid difficulties in cross-border payments due to Western sanctions, Tass news service reported. Under an agreement signed at the Pakistan-Russia Trade and Investment Forum in Moscow on Tuesday, Russia’s Astarta-Agrotrading will supply 20,000 tons of chickpeas […]
By Kim Joo-heon SEOUL, October 02 (AJP) – India has resumed exports of non-basmati white rice amid a significant rise in rice surplus. Basmati is a type of rice known for its low stickiness and long grains. On Saturday, the Indian government removed tariffs on non-basmati white rice exports and set a minimum export price […]
MUMBAI: Global rice prices fell on Monday after India, the world’s no.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said. India on Saturday allowed exports of non-basmati white rice. That came a day after it cut […]
