TBS Report The minimum export price has been set at $1.60 per kg, equivalent to Tk196.80. The government has approved the export of 5,800 tonnes of aromatic rice in a second phase, allowing 52 companies to export. A circular from the Ministry of Commerce on Wednesday (28 May) said each company can export between 100 […]
Source: Bangkok Post Thailand is promoting its high-quality and distinctive rice varieties, anticipating that the Thailand Rice Convention will secure 100,000 tonnes in orders and generate over 2 billion baht in revenue. At the 10th Thailand Rice Convention (TRC) 2025 in Bangkok on Monday, Commerce Minister Pichai Naripthaphan said the government is committed to enhancing […]
New rice export rules are driving up costs for traders with pre-contract storage mandates. Several proposed regulations in the draft decree on rice export business are raising costs and increasing capital pressure for new traders. These include requirements to stockpile at least 1,250 tons of rice even without having signed contracts, and the obligation to […]
The condition that traders must own, rather than lease, warehouses for storing rice is inconsistent with market principles. It increases entry costs, creates challenges for small and medium-sized enterprises, and contradicts the spirit of Resolution No. 68-NQ/TW on promoting the private sector, which emphasises “regulation, not prohibition”. HÀ NỘI — The Việt Nam Chamber of […]
Source: Rural Voice. India’s agricultural and allied sector exports witnessed a significant increase of 6.47% in the fiscal year 2024-25, reaching $51.91 billion. This growth is particularly noteworthy given that the country’s total merchandise exports remained nearly at the previous year’s level of $437 billion, recording only a marginal increase of 0.1% during the same […]
With the average price of rice now doubled from the same period last year — reaching more than ¥4,000 for 5 kilograms at supermarkets — much attention is being paid to whether the ministry’s new approach will be effective. TOKYO — The agriculture ministry’s decision to sell state-held reserves of rice through “discretionary contracts,” in […]
By Rajendra Jadhav. NEW DELHI, May 28 (Reuters) – India has raised the price at which it will buy the new-season common rice paddy variety from local farmers by 3%, the lowest increase in five years, as New Delhi struggles to manage overflowing granaries after last year’s record harvest. India is the world’s second-largest producer […]
Exports of major commodities under the Agricultural and Processed Food Products Export Development Authority (APEDA) increased by 11% in 2024-25, reaching $27.90 billion. Ajeet Singh. India’s agricultural and allied sector exports witnessed a significant increase of 6.47% in the fiscal year 2024-25, reaching $51.91 billion. This growth is particularly noteworthy given that the country’s total […]
Yusaku Yoshikawa. Global instability, climate stress and small-scalefarming practices are all putting stress on the market. Will the price fall? Japan has seen unprecedented increases in the cost of rice in recent months, affecting both consumers and the food industry. The surge is prompting the country to re-evaluate rice as a staple food in terms […]
Published by: The Financial Express. The price of rice, the staple food of Bangladesh, has long been an overriding concern for the general public, as it significantly affects living expenses of a majority of the people due to their limited incomes. Unlike other consumer goods, where consumption can be reduced in response to price hikes, […]
