Finimize Newsroom What’s going on here? Indonesia’s rice prices soared to record highs in August, even as warehouses were overflowing with home-grown rice and global prices kept falling. What does this mean? Despite ramping up rice production by almost 16% in the first seven months of 2025, shoppers in Indonesia still found shelves thinly stocked. […]
Reuters HAMBURG: Bangladesh’s state grains buyer has issued an international tender to purchase 50,000 metric tons of rice, European traders said on Tuesday. The deadline to submit price offers is October 6. The tender seeks offers for non-basmati parboiled rice in CIF liner out terms, which involve ship unloading costs, for shipment to the ports […]
Short-term price spikes of 8–10% in India and 5–7% abroad are expected, but farmer resilience, government relief, and climate-smart tech keep basmati exports strong. By Vikram Marwaha Basmati rice is not a cereal but a fragrant heritage that represents India’s agricultural past, food pride, and a significant export item. Each year, more than 4 million […]
SGGP Localities in the Mekong Delta provide free drying and storage services for rice farmers to help ease their financial burden. Amid falling rice prices and unpredictable weather, agricultural centers in the Mekong Delta are stepping up to help struggling farmers. By offering free drying and storage services, these centers provide a crucial lifeline, enabling […]
A report by Pranee Muenphangwaree reveals that while global rice stocks are high, Thailand’s export prices are on the rise Global rice prices are continuing to fall, according to a report by Pranee Muenphangwaree for Krungthep Turakij, as a worldwide oversupply and record-high production levels flood the market. The US Department of Agriculture’s latest Rice […]
Industry experts say the situation is compounded by the State Logistics Agency (Bulog) continuing to stockpile the staple food at higher prices and the government stepping up enforcement against illegal rice mixing. Maudey Khalisha – The Jakarta Post JAKARTA – Local rice millers have been under pressure due to the narrowing gap between the government’s […]
Story by Giselle P. Jordan RICE was a bit more expensive while meat was significantly cheaper in early September, according to data from the Philippine Statistics Authority. Special rice cost P57.06 per kilogram (kg) from Sept. 1-5 compared to P56.87/kg in Aug. 15-17 and P56.65/kg Aug. 1-5. Likewise, well-milled and regular milled rice retailed higher […]
Jasper Emmanuel Arcalas – The Philippine Star MANILA, Philippines — Rice importers will have the leverage to delay purchases and even buy at a bargain once the country’s rice import ban is lifted as global prices remain soft due to a supply glut, the International Rice Research Institute said. In a market brief, IRRI senior […]
Although production is expected to exceed demand, intense competition among dealers, to acquire rice means prices will likely remain high. The Yomiuri Shimbun – The Japan News TOKYO – The retail price of rice is increasing once again, nearing the record high. Though rice prices temporarily dropped to the ¥3,500 range per 5-kilogram bag, the […]
Agriculture Secretary Francisco P. Tiu Laurel Jr. said he is inclined to recommend to President Ferdinand Marcos Jr. an extension of the current rice importation moratorium by at least 15 days, citing improvements in local palay prices since the temporary ban was put in place. The rice importation suspension, ordered by President Marcos, covers the […]
