ASIA-RICE/ (REPEAT):RPT-ASIA RICE-Vietnam, Thai rates dip as eyes turn to India rice export policy Vietnam prices fall to lowest levels since July 2023 India export prices down on higher freight rates, weaker rupee Thai rates at an over 3-month low Domestic rice prices in Bangladesh high despite ample reserves Indian govt may relax export restrictions […]
LAHORE: Rice exporters warn of a drastic drop in exports if the government sticks to its decision to shift the sector from the Final Tax Regime (FTR) to the Hybrid Tax Regime. “We see distress amongst rice, maize and sesame exporters, and they are just fulfilling past commitments and are not ready to seal future […]
A farmer works on a rice paddy field in central Quang Ngai Province, Vietnam. Photo by Reuters Vietnamese exporter Tan Long Group has refuted an allegation by an Indonesian civil society organization that it sold rice to that country at much higher than market prices. The People’s Democracy Study (SDR) recently complained to an Indonesian […]
July 11, 2024 (MLN): Finance Minister Muhammad Aurangzeb yesterday appreciated the Rice Exporters Association of Pakistan (REAP) for their role in the bumper production and export of rice, which has raised the overall export volume to $8 billion. During the meeting, representatives from REAP thanked the Finance Minister and briefed him on the growth of […]
Rice export prices from Vietnam slipped to their lowest levels in a year, and Thai rates also dropped this week amid lacklustre demand, as markets awaited potential easing of restrictions by top exporter India. Vietnam’s 5% broken rice was offered at $565-$570 per metric ton on Thursday, its lowest since July 27, 2023 and down […]
Agriculture ministers of Vietnam and the Philippines have agreed to establish a rice industry alliance between the two countries and upgrade the trade relationship to an investment partnership in the rice industry. The Philippines is the largest export market of Vietnam. (Photo: VNA) Hanoi (VNS/VNA) – Agriculture ministers of Vietnam and the Philippines have agreed […]
The Centre has banned exports of non-basmati white rice since July 20, 2023, to boost domestic supply According To The Agriculture Ministry’s Estimates, India’s Rice Production Is Estimated At 136.7 Million Tonnes In 2023-24 Compared To 135.75 Million Tonnes In The Preceding Year. (Photo: PTI) Union Commerce Minister Piyush Goyal on Wednesday said a Group […]
Finance Minister Senator Muhammad Aurangzeb was called on by the representatives of Rice Exporters Associations of Pakistan (REAP) at the Finance Division today. The representatives from REAP briefed the minister on the growth of the agriculture sector, particularly rice crop. They highlighted the strengths of their industry and presented some tax measures for consideration. The […]
Farmers harvest rice in the Mekong Delta province of Tra Vinh. Photo by VnExpress/An Binh The average rice export price went up by over 18% over the same period last year, according to data from the General Department of Customs. The grain was sold at US$959 per ton in Brunei, $868 in the US, $857 […]
India, the top rice exporter, may relax export restrictions to avoid a glut before the new crop arrives. LT Foods, KRBL, and Chaman Lal Setia Exports saw significant share surges. The move could benefit countries in West Africa and the Middle East. 3 rice stocks surge up to 14.5% on reports of India considering easing […]
