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Ministers’ panel seen fixing a floor price of $500/tonne on non-Basmati rice exports 

Cut Basmati minimum export price may be deferred BY BL NEW DELHI BUREAU The committee of ministers headed by Home Minister Amit Shah may decide this week on a proposal to fix a minimum export price (MEP) of $500/tonne on shipments of non-basmati rice, while the proposal to reduce the current MEP of $950/tonne on […]

Bangladesh will export rice instead of importing: Sadhan

RAJSHAHI, July 7, 2024 (BSS)- Food Minister Sadhan Chandra Majumder has said Bangladesh will export rice in future instead of importing. “In the last two consecutive years, our government didn’t import rice and there is also no need of importing rice this year,” he said whileinaugurating a three-day Agriculture Technology Fair-2024 at Sapahar Upazila Parishad […]

Pakistan rice exporters facing shipment rejections from EU, UK and US

Islamabad [Pakistan]: Pakistan’s agricultural and food sector is grappling with significant challenges, particularly in its narrow export base dominated by a limited range of commodities. Among these, rice emerges as the primary export, generating over USD 3.5 billion in foreign exchange in the fiscal year 2024, according to a report published in Dawn. However, the […]

Rice exports for January-May up 16.5% year on year

Thai rice exports for the first five months of this year increased 16.5% year on year, to 4,057,711 tonnes, worth 94.6 billion baht, but exports in the third quarter are expected to drop, compared to the first half of 2024, said Charoen Laothamatas, president of the Thai Rice Exporters Association. In May, however, he said […]

Rice exports at risk

Pakistan’s agri-food sector has a very narrow export base, primarily consisting of a limited range of commodities. Rice stands out as the largest export, bringing in over $3.5 billion in foreign exchange in FY24. Nevertheless, rice exporters are facing a growing risk of shipment rejections, particularly by the European Union, the United Kingdom, and the […]

India’s rice exports drop 34% in Q1 of FY25 as export curbs continue

Export prohibition on non-basmati white rice and broken rice and a 20% tariff on the parboiled variety are reasons behind dip Puja Das In the first three months of FY25, the fall in exports of non-basmati white rice has been in the same period the highest, around 78% at nearly 300,000 tonnes followed by another […]