Opeyemi Owoseni Nigeria is reaping the benefits of a global slump in rice prices, as international markets adjust to rising supply levels and the removal of export restrictions by India historically the world’s largest rice exporter. According to a Reuters poll, global rice prices plummeted in April 2025, following India’s decision to lift the last […]
By YANG WANLI in Bangkok. Thailand needs to further develop high-quality rice varieties and boost production to meet the market demand and maintain the kingdom’s competitiveness in the global rice trade amid emerging challenges partly due to steep US trade tariffs, experts say. “Thai jasmine rice has a high quality and reputation in the international […]
Source: Daily Sun Rice, edible oil imports rise amid economic stabilisation efforts Rice and edible oil imports to the country have shot up while wheat and sugar import decreased in the first eight months of the 2024-25 fiscal year (FY25). The data, published in the Bangladesh Bank’s Monthly Update on Major Economic Indicators, points to […]
Shahadat Hossain. In the capital’s wholesale markets, BRRI-28 rice is selling at Tk58–60 per kg, Guti Shorna at Tk53–54, and Paijam at Tk55–57. Highlights: After months of high prices, rice is now becoming cheaper amid the ongoing Boro paddy harvest. However, farmers are concerned about low paddy prices and fear further declines as harvesting peaks. […]
Story by Neil Jerome Morales. (Bloomberg) — The Philippine government plans to sell some of its rice inventories at heavily subsidized prices in May as residents in the Asian archipelago turn out for midterm elections. The state-owned National Food Authority will sell at least 370,000 tons of aging kernels from its warehouses at about 20 […]
The Ministry of Industry and Trade takes action against non-compliant traders in the Mekong Delta region. The Ministry of Industry and Trade in Vietnam has taken significant steps to regulate the rice export market, following a thorough inspection of 44 rice export traders across six provinces in the Mekong Delta. This initiative, aimed at ensuring […]
The prices of different kinds of rice have declined by Tk 6 to 10 per kilogram in Kushtia. Somoy National Desk Rice traders said that the prices of rice have been falling a little every day for a week due to the harvesting of new Boro paddy. Prices will drop further when new rice arrives […]
Story by Suttinee Yuvejwattana. (Bloomberg) — Thailand is aiming to increase exports of pet food, rice and other processed food products to the US at the cost of Chinese shippers who are shut out of the prized market by a tariff wall. The Southeast Asian country expects to increase its market share in segments like […]
By KHOO GEK SAN PETALING JAYA: With a promising rice harvest underway in Kedah, known as Malaysia’s ‘Rice Bowl,’ rice millers are optimistic about a steady supply and anticipate there will be no rice shortages in the coming months. Hypermarket and retail chain Mydin Mohamed Holdings Bhd managing director Datuk Ameer Ali Mydin said the […]
Tokyo, April 28 (Jiji Press)–The average price of rice sold at about 1,000 supermarkets across Japan hit a fresh record high in the week through April 20, the agriculture ministry said Monday. The average price rose by 3 yen from the previous week to 4,220 yen per 5 kilograms, hitting the highest level for the […]
