The Philippines is the largest export market of Vietnam. – Vietnam News/ANN HANOI (Vietnam News/ANN): Agriculture ministers of Vietnam and the Philippines have agreed to establish a rice industry alliance between the two countries and upgrade the trade relationship to an investment partnership in the rice industry. At a talk in Hanoi on July 9, […]
According to a new report published by Allied Market Research, titled, “Europe Basmati Rice Market by Type, Application, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2022-2031,” the Europe basmati rice market was valued at $551.8 million in 2020, and is projected to reach $866.5 million by 2031, registering a CAGR of 4.2%. The Indian […]
Retail inflation in urad in May was 14.06% on year and the prices had been in the double digit since November, 2023 Written by Sandip Das The price for wheat is lower than its prevailing market price of Rs 2400/quintal. (Bloomberg) The government has approved sale of wheat and rice in the open market for […]
Exporters said higher MEP could adversely impact the domestic procurement of basmati rice paddy for the next season and hit farmers’ income. Written by Sandip Das In FY24, India exported a record 5.24 million tonne (MT) of aromatic rice valued at $5.83 billion. (Reuters) The government is likely to consider reducing the minimum exports duty […]
Export prohibition on non-basmati white rice and broken rice and a 20% tariff on the parboiled variety are reasons behind dip Puja Das In the first three months of FY25, the fall in exports of non-basmati white rice has been in the same period the highest, around 78% at nearly 300,000 tonnes followed by another […]
