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Rice prices remain high despite increased imports

Shahadat Hossain Hilsa prices surge ahead of Pahela Baishakh. Rice prices remain high despite the resumption of imports last November and a fresh supply from the Aman harvest. Since November, the country has imported 8.20 lakh tonnes of rice, yet retail prices are among the highest on record. In Dhaka’s markets, coarse Gutiswarna is selling […]

Basmati trade breathes easy as US postpones tariff hike

Vibhor Mohan The US has delayed proposed tariffs on Indian basmati rice imports for 90 days, offering relief to exporters and allowing existing shipments to proceed smoothly. This postponement provides a critical window for finalizing deals and streamlining logistics before the new crop arrives. In a relief for the Indian basmati rice industry, the US […]

Trade jitters seen cutting price of rice imports

Ada Pelonia The quotation for imported rice could further decline after Washington announced the reciprocal tariffs it will slap on the trading partners of the United States, according to analysts. BMI, a unit of Fitch Solutions, recently reported that rice futures posted the largest annual decline among grains after US President Donald Trump unveiled America’s […]

2.48M tonnes of rice and broken rice export generate $1.12B+ income

Nyein Myanmar generated income of over US$1.129 billion from 2.48 million tonnes of rice and broken rice exports in the financial year 2024-2025 (1 April-31 March), according to the Myanmar Rice Federation (MRF).The export volumes were 111,862 tonnes worth $55 million in April 2024, 71,279.5 tonnes worth $36 million in May, 162,325.75 tonnes worth $84 […]

Thai rice prices hit over three-year low.

By VNA Prices of rice shipped from Thailand declined to an over three-year low this week due to US President Donald Trump’s move to impose import tariffs and an existing market surplus. Meanwhile, India’s rice export prices neared a two-year low on subdued demand. The US announced to impose a flat 26% tariff on all […]

Tariffs could reshape US rice prices

By Jason Kendall WASHINGTON — Nations that export rice to the United States were among the hardest hit by new tariffs announced April 2, including the country’s top rice-trading partner: Thailand. White House officials said that, beginning April 9, all Thai rice imports to the United States will face an additional tariff of 36%. The […]

Bangladesh imports 10,850 more metric tons of rice from India.

Earlier, Bangladesh decided to import 500,000 tons of rice from India through international open tenders. UNB Another consignment of 10,850 tons of Indian parboiled rice arrived at the country’s premier seaport, Chittagong Port on Thursday. A vessel “MV HT Unite” carrying the consignment docked at the port, said a media release sent from the Ministry […]