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Rupee plunge pulls Indian rice rates to 17-month low

ASIA-RICE/ (PIX):ASIA RICE-Rupee plunge pulls Indian rice rates to 17-month low. Reuters Thai traders foresee price drop post-New Year due to increased Indian supply Supplies from autumn-winter harvest running low – Vietnam trader Bangladesh imports rice from India through tenders By Ashitha Shivaprasad Dec 26 (Reuters) – Indian rice export prices extended declines to a […]

Rice prices remain high amid Aman harvest; potato, onion prices ease

Potato and onion prices have dropped with the arrival of new harvests. However, Broiler chicken prices have surged by Tk20 per kg. In addition, soybean oil supply has yet to normalise. The overall rice prices have not stabilised despite the recent arrival of Aman rice. In fact, prices have surged by Tk100-Tk300 per sack over […]

Rice-driven food exports jump 20pc

ISLAMABAD: Pakistan’s raw food exports increased by 19.58 per cent to $3.15 billion during July-November FY25 from $2.64bn mainly owing to increased rice exports. Raw food exports have risen for the past 16 consecutive months despite unprecedented food inflation in the country’s history. As a result, consumers nationwide are paying higher prices for food items […]

Asia rice: Rising supplies weigh on India prices, Vietnam sees lower demand

Reuters Prices of parboiled rice exported from India fell this week as the rupee depreciated and supplies increased, while Vietnamese rates edged lower on fears of a potential drop in demand from the Philippines. Top exporter India’s 5% broken parboiled variety was quoted at $440-$446 per metric ton this week, down from last week’s $444-$450. […]

DA Secretary seeks NFA powers to stabilize rice prices

Agriculture Secretary Francisco P. Tiu Laurel Jr. called on lawmakers to restore the powers of the National Food Authority (NFA) to intervene in the rice market and stabilize prices. In a testimony before the “Murang Pagkain Super Committee” of the House of Representatives on Wednesday, spearheaded by Albay Rep. Joey Salceda, Secretary Tiu Laurel emphasized […]

Legal Action Taken Against 50 Shops for Overpricing Rice

COLOMBO (News 1st); The Consumer Affairs Authority says that legal action was taken yesterday against 50 shops for selling rice above the government-imposed controlled price. Its Director, Asela Bandara, stated that operations to arrest individuals selling rice above the controlled price and hoarding stocks will be intensified from today. Bandara stated that the raid was […]