By Adrian H. Halili, Reporter IMPORTERS are cornering much of the value from the lowering of rice tariffs, with prices not falling as much as they should have, a farmers’ federation said. “Right now, the benefit from the lower tariffs is being captured mostly by importers, wholesalers and retailers,” Federation of Free Farmers (FFF) National […]
Vietnam continues to assert its dominance as the top rice exporter to the Philippines, with 2.91 million tonnes shipped as of the late October, or over 79% of the Philippines’ total rice imports, according to the Vietnam Trade Office in the Philippines. Hanoi (VNA) – Vietnam continues to assert its dominance as the top rice […]
The lowest price offered in the international tender from Indonesian state purchasing agency Bulog to buy about 500,000 metric tonnes of rice was estimated at $479 a tonne cost and freight (c&f) for rice expected to be sourced from Pakistan, European traders said on Friday. The lowest offer was said to have been made for […]
Rice traders in Bangladesh are less interested in importing the grain despite the recent slash in related tariffs as they do not believe there is enough of a profit margin because of high prices on the international market. They added that doing so would have little effect on reducing domestic prices at this time. The […]
by News desk A delegation from the Rice Exporters Association of Pakistan (REAP) held an important meeting with UAE Consul General, Dr. BakheetAteeq Al-Remaithi, at the UAE Consulate on Wednesday. The primary objective was to enhance rice exports from Pakistan and expand business opportunities in the UAE. The REAP delegation, led by Chairman Malik Faisal […]
Traders said an initial announcement from Bulog said the rice could be sourced only from Thailand, Cambodia, Vietnam or Pakistan. Indonesian state purchasing agency Bulog has told traders that Indian supplies can be offered in its new international tender to buy 340,000 metric tons of rice and the offer deadline is postponed by one day, […]
By: Jordeene B. Lagare The Philippines is expected to import more rice this year and next, remaining as the world’s top importer of this staple food as the El Niño, La Niña and recent typhoons have curbed local production. In its latest Grain: World Markets and Trade report, the US Department of Agriculture’s Foreign Agricultural […]
The benchmark for world food commodity prices saw its fastest increase in 18 months in September, with quotations up for all covered commodity groups, led by sugar, the Food and Agriculture Organization of the United Nations (FAO) reported Friday. The FAO Food Price Index, which tracks monthly changes in the international prices of a set […]
Both nations are exploring ways to establish more effective trade systems Amid ongoing payment difficulties due to Western sanctions, Russia has initiated a barter trade agreement with Pakistan involving various agricultural goods. This new system, established at the first Pakistan-Russia Trade and Investment Forum in Moscow, allows for the exchange of goods without monetary transactions. […]
By Jason Ng / theedgemalaysia.com KUALA LUMPUR (Oct 4): Malaysia will import 100,000 tonnes of basmati rice, as well as buy US$200 million worth of halal meat annually from Pakistan, according to state news agency Associated Press of Pakistan (APP). Prime Minister Shehbaz Sharif assured Malaysian Prime Minister Datuk Seri Anwar Ibrahim that Pakistan would […]
