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Japan Struggles With Rising Rice Prices And Yen Volatility

Despite government efforts, rice prices remain high while the Yen fluctuates in exchange markets. Tokyo, April 16 – Rice prices across Japan continue to soar despite government efforts to stabilize the market by releasing approximately 210,000 tons of rice from stockpiles last month. The Ministry of Agriculture’s move aims to lower prices, but it may […]

Record rice imports from India thru Hili Land Port

Our Correspondent, Dinajpur Deadline for rice import ends tomorrow. Despite the public holiday on the occasion of Pahela Baishakh, a record volume of rice was imported from India through Dinajpur’s Hili Land Port yesterday as importers rushed to bring in consignments ahead of the government’s April 16 deadline for import. Rice imports through the port […]

Japan’s rice prices continue to rise despite government intervention

By Xinhua. TOKYO – Rice prices at Japan’s supermarkets have continued to rise despite government’s move to release reserves to the market, according to the Ministry of Agriculture, Forestry and Fisheries Monday. According to the data collected from around 1,000 supermarkets nationwide, average retail price for a 5-kg bag of rice between March 31 and […]

Certified rice seed control price to be set effective tomorrow, says govt

PUTRAJAYA: The Agriculture and Food Security Ministry (KPKM) will set the ceiling price for certified rice seeds under the Certified Rice Seed incentive at the wholesale level from RM54 to RM52 per 20-kilogramme pack and RM58 to RM56 at the retail level in Peninsular Malaysia, effective Tuesday (April 15). The ministry said the adjustment was […]

Rice prices remain high despite increased imports

Shahadat Hossain Hilsa prices surge ahead of Pahela Baishakh. Rice prices remain high despite the resumption of imports last November and a fresh supply from the Aman harvest. Since November, the country has imported 8.20 lakh tonnes of rice, yet retail prices are among the highest on record. In Dhaka’s markets, coarse Gutiswarna is selling […]