Agence France-Presse Tokyo, Japan — The Japanese government began a rare auction on Monday of its emergency rice stockpiles in a bid to help drive down the surging price of the national staple. Rice shortages driven by factors from poor harvests caused by hot weather to panic-buying over a “megaquake” warning last summer have caused […]
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 […]
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 […]
A survey has found that Japanese rice producers and wholesalers believe prices of the staple grain will settle in the next few months. This comes amid over half a year of rising prices. An organization of rice distributors conducts a monthly survey of 180 producers and wholesalers. It uses their views to determine an index […]
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 […]
By: Jordeene B. Lagare. MANILA, Philippines – The country’s rice imports are expected to decline this year but remain large enough to drive down the selling prices of local rice farmers despite the continuing shortfall in domestic production. “It might level off but still [reach] over 4 million [metric] tons, mainly due to the drop […]
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, […]
Another gathering planned for Tuesday at Government House to spur cabinet action. Rice farmers from 12 provinces plan another protest outside Government House in Bangkok on Tuesday due to the lack of discussion about price support in the recent cabinet meeting. Chakrapruet Banjerdkit, a coordinator for the rice farmers’ network in Phichit, said on Saturday […]
WASHINGTON (Mainichi) — Soaring rice prices in Japan triggered by the “rice upheaval” last summer have surprised Japanese expatriates in the United States, as it remains cheaper to buy rice there despite historic inflation. In some cases, it is even more economical to buy rice imported from Japan than to buy the same product in […]
