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UNACA urges immediate halt to rice imports

Santo Domingo.- The National Peasant Union (UNACA), affiliated with the National Confederation of Dominican Workers (CNTD), has issued an urgent appeal to the Dominican government to suspend rice imports, warning that the excessive influx of foreign rice is driving thousands of local producers—particularly in the northeast—into bankruptcy. According to UNACA President Juan Ramón Rondón, over […]

Indian millers, exporters optimistic as Bangladesh plans to import 9 lt rice: Stakeholders

With India accounting for 46% of global rice exports, the country is expected to ‘emerge as the primary beneficiary of the move for its proximity, availability and competitive pricing’ By PTI Indian rice millers and exporters are upbeat about Bangladesh’s “plan to import 9 lakh tonnes of rice,” anticipating a boost in demand and better […]

Dealing with unpredictable rice market

Published by: The Financial Express Rice prices in Bangladesh markets do not seem to follow the laws of supply and demand, the fundamental principles of economics. Reports published in this paper on the basis of information from the Trading Corporation of Bangladesh (TCB) and the city’s kitchen markets, the prices of this basic staple of […]

Rice prices spike as millers make hay while imports stall

YASIR WARDAD. Rice prices spike to the woes of commoners, even, as millers make hay while private import stalls, sources say.Private imports have come to a halt following the end of government zero-duty facility for importers, they add.Millers are taking advantage of the situation, making high profits, while consumers facing the burden of increased prices, […]

Unjustified methyl bromide imports banned

Govt halts pesticide shipments worth $1m, suspends company licence. ZAFAR BHUTTA ISLAMABAD: The government has uncovered a methyl bromide scandal within the Department of Plant Protection (DPP) and suspended a suspicious company’s licence, while halting shipments worth $1 million. Amid a major crackdown on the DPP, the government has reviewed the policy for methyl bromide […]

Rice prices on the rise, low income people under pressure

Nearly 1.3 million (13 lakhs) tonnes of rice have been imported in the country. At the same time, the last boro season yielded better production. Despite this, the rice price has not come down, rather it has been increasing. According to the Trading Corporation of Bangladesh (TCB), the lowest retail price for coarse rice in […]

Lowering of imported rice MSRP to push through on July 16 —DA

By TED CORDERO, GMA Integrated News The deferred further reduction of the maximum suggested retail price (MSRP) for imported rice, originally set on July 1, will push through on July 16, the Department of Agriculture (DA) announced Thursday. In a statement, Agriculture Secretary Francisco Tiu Laurel Jr. said the MSRP of imported rice will be […]