Reuters Prices of parboiled rice exported from India fell this week as the rupee depreciated to a record low even as demand for the staple was steady, while Vietnam and Thailand saw muted activity. Top exporter India’s 5% broken parboiled variety was quoted at $444-$450 per metric ton this week, versus last week’s $445-$453. Indian […]
KUALA LUMPUR: Padiberas Nasional Berhad (Bernas) will reduce the price of imported white rice (BPI) at its warehouses from RM3,000 to RM2,800 per tonne effective Dec 1, 2024. In a statement on Saturday (Nov 30), it said this was in line with the announcement by Agriculture and Food Security Minister Datuk Seri Mohamad Sabu. “This […]
By: John Eric Mendoza – Reporter / @JEMendozaINQ MANILA, Philippines — The average price of rice should now be at around P30 per kilogram due to a tariff cut and lower international prices, a Department of Agriculture (DA) official said on Tuesday. Asis Perez, DA undersecretary for policy, planning, and regulations, admitted before the House […]
Mubarak Zeb Khan ISLAMABAD: Exports of raw food items surged 21.73 per cent to $2.36 billion in July-October from $1.94bn in the corresponding period last year, according to data compiled by the Pakistan Bureau of Statistics. In FY24, the raw food exports touched $8bn, up from $5.8bn in the preceding year. As a result, consumers […]
He urges patience on inflation, says policies need time to show results. Senior Correspondent, bdnews24.com Governor Ahsan H Mansur has claimed that rice prices in Bangladesh are lower than those in many other countries. During a meeting at the Secretariat on Thursday, Mansur said the price of rice per Kg is now Tk 6 less […]
The government has allocated 369,000 tonne of wheat and 291,000 tonne of rice from the Food Corporation of India (FCI) for the phase-2 retail intervention under the Price Stabilisation Fund. Press Trust of India New Delhi The government on Tuesday launched phase-II retail sales of wheat flour and rice under the Bharat brand at subsidised […]
By Leenah Wahab Colombo, October 31 (Daily Mirror) – Despite the government regulating prices for Nadu rice at Rs. 220, prices have averaged Rs.235 a kilo in the market, according to recent reports. At a recent meeting with President Anura Kumara Dissanayake and the CAA, rice millers agreed to release Nadu rice to the market […]
Josephine Okojie and Feyishola Jaiyesimi Nigerians now buy a 50kg bag of local parboiled rice for an average of N105,000, higher than the country’s new minimum wage of N70,000, according to BusinessDay market survey. Since the removal of petrol subsidy and devaluation of the naira, the price of local parboiled rice, a key staple in […]
By Rajendra Jadhav, Mayank Bhardwaj and Urvi Manoj Dugar NEW DELHI, Oct 22 (Reuters) – India scrapped the export tax on parboiled rice, the government said in an official order on Tuesday, as inventories in the world’s biggest exporter of the grain surged and the country is set to produce a bumper crop after copious […]
TBS Report In order to increase the supply of rice in the market, the government has cut import duty on rice by 37%. According to a gazette notification issued by the Ministry of Finance today (20 October), the existing customs duty on rice has been reduced from 25% to 15% and the existing regulatory duty […]
