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Vietnam’s rice industry soars to $5.7 billion, redefining its global reputation.

Vietnam’s rice industry has gone beyond quantity, focusing on quality and sustainability. The shift has brought higher prices, international recognition, and greater income for farmers, marking a historic year for the sector. Vietnam’s rice exports reached a record $5.7 billion in 2024, an achievement that goes beyond numbers. More than just selling at high prices, […]

Pakistan wins Basmati rice ownership battle against India in global market

New Zealand and Australia recognise Basmati as a Pakistani product. Syed Safdar Abbas In a major victory for Pakistan, the global battle over Basmati rice ownership has resulted in India’s defeat. Both New Zealand and Australia have officially recognised Basmati as a Pakistani product, while a similar decision from the European Union is also expected […]

Asia rice: Fresh supplies push India rates to 19-month low.

Reuters BENGALURU/MUMBAI/HANOI/BANGKOK AND BANGLADESH: Indian rice export prices dropped to an over 19-month low this week, weighed down by rising supplies from the new season crop and a plummeting rupee, while Vietnam’s rates slid to their lowest level since early September 2022. India’s 5% broken parboiled variety was quoted at $418 to $428 per metric […]

PH importers delay purchases of 350,000 tons of Vietnamese rice – report

By GMA Integrated News. Rice importers from the Philippines have delayed purchases of around 350,000 metric tons of Vietnamese rice, according to a report by international news agency Reuters. The report, which was cited by ”24 Oras Weekend” on Saturday, said traders are currently renegotiating agreements after Vietnamese rice prices saw a “steep decline” in […]

Pakistani agricultural exports, including rice, halt again?

Exporters face shipment delays as unqualified appointments, and corruption allegations cripple trade. By Ghulam Abbas. ISLAMABAD: After a brief respite, Pakistan’s rice exports have come to a halt once again due to inefficiencies at the Department of Plant Protection (DPP). Exporters claim that non-technical officials have been appointed to key positions, leading to severe delays […]

Vietnam works to expand markets, sustain rice export growth

By mid-January, Vietnam had exported 268,700 tonnes of rice, generating nearly 165.7 million USD, up 38.7% in volume and 23.28% in value year-on-year. To sustain exports, authorities are prioritising trade promotion, with the Ministry of Industry and Trade implementing measures to boost rice exports. Hanoi (VNA) – Vietnam’s rice exports hit a record 9.18 million […]

The global demand for Basmati rice: Opportunities for retailers

The demand for Basmati rice is rising both domestically and internatiorially, benefiting India’s agricultural and FMCG retail sectors. With significant growth projected, retail traders are positioned to capitalize on this trend, leading to increased production, streamlined supply chains, and greater revenue opportunities Anshul Garg. The demand for Basmati rice in the domestic and international markets […]

Imports cool coarse rice market, fine varieties’ prices steady.

Omar Faruque & Shahadat Hossain Highlights: The impact of rice imports alongside the announcement of subsidised open market sales in 64 districts have begun to stabilise the market, with prices, which surged unusually at the end of last month, now trending downward at the wholesale level. Traders said most coarse rice prices have eased by […]