WASHINGTON DC – Earlier today, the Office of the U.S. Trade Representative (USTR) announced the launch of a Section 301 investigation into China’s compliance with the U.S.-China Phase One Economic and Trade Agreement (Phase One Agreement) achieved and signed by the first Trump Administration in January 2020 (see USA Rice Daily, January 15, 2020). Section […]
Reuters HAMBURG: Bangladesh’s state grains buyer has issued another international tender to purchase 50,000 metric tons of rice, traders said on Wednesday. The deadline for submission of price offers is November 6. Bangladesh has also issued a separate tender seeking 50,000 tons of rice with price offers to be submitted on November 3. Bangladesh’s government […]
The non-basmati rice from Dubai will be procured from M/s Credent One FZCO at a rate of $355.99 per tonne. Daily Sun Report, Dhaka The government has approved the purchase of a total of 1 lakh tonnes of rice from international markets at an estimated cost of Tk446.23 crore, the Ministry of Finance said in […]
The five reasons are: rising production costs, disconnect with global market trends, limited impact of cheaper imports, controlled import regime, and weather shocks and supply concerns. The Daily Star DHAKA – Rice prices have seen an abnormal increase recently in Bangladesh, despite higher yields and an adequate supply. Even a sharp drop in international prices […]
The Consumer Affairs Authority (CAA) has announced the implementation of new maximum retail prices for imported rice varieties, effective from yesterday (21). According to the gazette notification, the maximum retail price (MRP) of imported raw rice has been fixed at Rs. 210 per kilogram, while imported Nadu rice will be sold at a maximum of […]
Jane Rickards Domestic rice supply is a great security concern in Taiwan, one that’s been stoked by trade negotiations with the United States. Washington wants more access to Taiwan’s rice market. In Taiwan, the worry is that greater imports would damage the domestic production that it would need for stretching out stocks if China blockaded […]
Jakarta (ANTARA) – Indonesia plans to accelerate rice field development in its eastern regions as part of long-term efforts to stabilize prices and strengthen food security, Agriculture Minister Andi Amran Sulaiman said on Monday. The initiative targets Zone 3 regions — including Papua, Maluku, and East Nusa Tenggara (NTT) — where rice prices have surged […]
Reuters HAMBURG: Bangladesh’s state grains buyer has issued an international tender to purchase 50,000 metric tons of rice, traders said on Monday. The deadline for submission of price offers is November 3. The tender seeks price offers for non-basmati parboiled rice in CIF liner out terms, which involve ship unloading costs for the seller, for […]
Reporter: Alfitria Nefi P TEMPO.CO, Jakarta – The Head of the Indonesia’s National Food Agency (Bapanas), Amran Sulaiman, stated that there are more than one million tons of rice stock allocated for the Supply and Food Price Stabilization (SPHP) program this year. “The President has ordered continuous market operations. Our stock allocation still exceeds 1 […]
Traders blame it on cheaper grain from UP, West Asia conflict, US tariffs. Ruchika Khanna Basmati growers are staring at losses for the second consecutive year as the prices have plummeted. With basmati arrivals picking up in mandis, PUSA 1509 variety was fetching between Rs 2,300 and Rs 2,500 per quintal, while PUSA 1718 has […]
