Thai rice export prices fell to a 14-month low this week due to pressure from weak demand and competition from other rice exporting countries, while Indian price rose slightly on a stronger rupee, despite sluggish demand from Asia and African buyers. Bangkok (VNA) – Thai rice export prices fell to a 14-month low this week […]
Web Desk ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of a 50 percent shareholding in Fatima Euricom Rice Mills (Pvt) Ltd by Euricom S.P.A, a leading Italian agribusiness entity. According to a press release issued on Thursday, the acquisition, under the Share Purchase Agreement, demonstrates a major advancement in bringing direct […]
Deal signals growing foreign investment in Pakistan’s agri-business sector and aims to boost rice exports By News Desk The Competition Commission of Pakistan (CCP) has approved the acquisition of a 50 per cent shareholding in M/s. Fatima Euricom Rice Mills (Pvt) Ltd by M/s. Euricom S.P.A, a leading agri-business entity based in Italy. Under the […]
BENGALURU/MUMBAI/BANGKOK/HANOI AND BANGLADESH: Thai rice export prices fell to a more-than-one-year low this week pressured by quiet demand and competition from cheaper rivals, while India prices edged higher on a stronger rupee, despite sluggish demand from Asian and African buyers. Thailand’s 5% broken rice was quoted at $550-$560 per ton, the lowest level since July […]
Story by Mayank Bhardwaj and Rajendra Jadhav. By Mayank Bhardwaj and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – India’s decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading exporters said, helping New Delhi to increase its share of […]
By Wandile Sihlobo Disruptions in major grain supplies always give rise to fears of food insecurity. In July 2023, India sparked fresh concerns as the world was adjusting to the disruptions caused by the Russia-Ukraine war on global grains supplies and prices. India placed an export ban on non-basmati white and broken rice. Global rice […]
India and Pakistan are the only growers of premium-grade basmati rice, and the Indian restrictions helped Pakistan gain market share in some categories. Reuters NEW DELHI/ MUMBAI India’s decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading […]
According to the Directorate General of Commercial Intelligence and Statistics, rice exports in the first five months of the current fiscal dropped by 6.64% to $ 4.42 billion on year.Written by Sandip Das India’s exports of agricultural and processed food products in the first five months of FY25 declined by 4% to $ 9.69 billion […]
By Monitoring Desk LAHORE: The Indian government’s recent move to eliminate the minimum export price for basmati rice and relax restrictions on non-basmati rice exports has left Pakistani rice exporters anxious. These changes, which take effect in September 2024, threaten to disrupt the gains Pakistan made under previous restrictions. In fiscal year 2024, Pakistan exported […]
The price of rice and paddy in Thailand has experienced a significant decline in recent months, driven by a combination of global market factors and the strengthening Thai baht. The Thai Rice Mills Association reported that the average price of paddy rice has decreased by 1,000 baht per ton, while the price of rice has […]
