Vietnamese and Thai 5% broken rice have seen declines of 38-45%, with Vietnam’s prices falling from 680-700 USD per tonne to 390-400 USD per tonne, an unprecedented decrease. Hanoi (VNA) – Vietnamese Trade Counselor in India Bui Trung Thuong has urged Vietnamese rice exporters to strengthen their global competitiveness and diversify markets and sales channels […]
Synopsis Indian rice export prices reach their lowest since June 2023 due to weak demand and abundant supplies, with 5% broken parboiled rice quoted at $409-$415 per tonne. Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw […]
FE REPORT The government has been able to achieve 70 per cent of its rice and paddy procurement target from domestic sources during the Aman season. As of March 9, the Directorate General of Food (DGoF) has collected 0.53 million tonnes of rice. The deadline for the procurement is March 15. In November, the government […]
AN AGRICULTURE industry association asked the Tariff Commission to restore rice import tariffs to 35% for Southeast Asian grain, while imposing a 50% rate for all other countries of origin. Executive Order No. 62, which reduced the tariffs to 15%, has failed to reduce rice prices, as it had been designed to do, Samahang Industriya […]
India’s decision to lift rice export bans has led to steep price declines worldwide and altered trade dynamics. The global rice market is currently experiencing significant upheaval due to recent policy changes implemented by the Indian government. India, the world’s largest rice exporter, recently lifted two bans on rice exports, prompting sharp fluctuations and price […]
Higher inventories and production, besides stiff competition add to market bearishness. By Subramani Ra Mancombu. Rice prices in the global market have plunged to over two-year lows on slack demand, higher inventories and stiff competition among producers, traders and experts. Projections of higher production and carryover stocks have compounded the situation. Vietnam has cut its […]
V. Subramanian, co-founder of SSricenews, noted a growing rice demand from Malaysia, China, and Africa, where buyers are increasing their purchases. This trend signals a potential trade boom in the coming months. HCM CITY — While rice prices remain competitive due to ample supply, the market is expected to regain momentum soon, according to experts […]
Reuters Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw increased demand. India’s 5% broken parboiled variety was quoted at $409-$415 per tonne, down from last week’s $413-$420. Indian 5% broken white rice was priced at $390-$400 […]
Star Business Report. Bangladesh received a significant shipment of rice from Pakistan and India yesterday as part of the government’s efforts to boost the country’s public food stocks and contain the prices of the staple in the domestic market. Out of the 50,000 tonnes of rice to be bought under a memorandum of understanding (MoU) […]
Global New Light of Myanmar. The Consumer Affairs Department under the Ministry of Commerce stated that reasonable market prices of rice for March 2025 were issued, and non-compliance with the set prices is subject to legal action.The Ministry of Commerce issued reasonable prices for all varieties; K68,000-K80,000 per 108-pound bag of non-premium rice (Aemahta, Ngasein, […]
