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Japan to release stockpiled rice monthly through July as prices soar.

KYODO NEWS TOKYO -The Japanese government will release additional stockpiled rice every month until the end of July to stabilize soaring prices, farm minister Taku Eto said Wednesday. The announcement comes as price rises have continued unabated even after 212,000 tons of stockpiled rice was already released in two tranches. For the third release, the […]

Mercosur forecasts excellent rice crop, but with India back in the market, prices are expected to fall.

Mercosur is expecting one of the best rice harvests of the last decade, and particularly in Uruguay (exporter of prime quality rice), yields of harvested fields are indicating possible new records. However Uruguay rice farmers are facing trade, price and logistics hurdles, according to farmer Karol Pinczak. “Harvesting is ongoing at a good pace, particularly […]

Rice prices keep rising as stockpile release remains limited

THE ASAHI SHIMBUN Rice prices across Japan climbed for the 13th consecutive week, even as the first wave of the staple crop from the government’s emergency reserves hit store shelves. The average retail price for a 5-kilogram bag of rice was 4,206 yen ($28.55), including tax, in around 1,000 supermarkets nationwide between March 24 and […]

Vietnam’s rice industry faces supply-demand dilemma: insiders

By Thanh Thanh, Minh Hue The Vietnamese rice industry is grappling with a dilemma: whether to expand its export markets despite the risk of insufficient domestic supply, or to refrain from expanding, which could lead to price pressure, according to insiders. At a seminar titled “Positioning Vietnamese Rice in the New Era,” organized by the […]

US Imposes 26% Tariff On Indian Basmati Rice.

Exporters brace for impact as tariffs threaten livelihoods and market share. Chandigarh: A steep 26% import tariff imposed by the US on Indian basmati rice has sent ripples through Punjab’s rice industry, threatening to slash exporter margins, destabilize procurement prices for farmers, and shift American buyers toward cheaper alternatives such as Pakistan. The sudden hike, […]

27pc tariff on Indian rice temporary hurdle, say exporters

Synopsis Indian rice exporters are cautiously monitoring the impact of the new 27% US tariff, though it is expected to be a short-term challenge. Industry leaders believe India’s competitive pricing and strong market presence in West Asia and the US will help maintain stability. Indian rice exporters are adopting a wait-and-watch approach following United States’ […]

Thai And Vietnamese Rice Exports Face Major Challenges

Rising tariffs and falling prices threaten the rice industries in Thailand and Vietnam. As global rice markets fluctuate, both Thailand and Vietnam are navigating significant challenges in their rice export sectors. The recent announcement of a 36% import tariff on Thai rice by the U.S. government has raised alarms among exporters, particularly concerning the competitiveness […]

Indian rice turns competitive in the global market, exports may pick up from June 

5% broken rice offers cut by over $20/tonne in a month, while parboiled price prices down $14. By Subramani Ra Mancombu Rice exports from India are likely to pick up from June once competing countries such as Vietnam and Pakistan run out of stocks, traders said. A factor that could go in India’s favour is […]

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 […]