By Business Today Editorial. Thai’s Commerce Ministry is implementing seven measures to lift rice prices, such as paddy market fairs, export expansion and preparation for a subcommittee meeting on Feb 20. According to a report by Bangkok Post, Commerce Minister Pichai Naripthaphan said the recent dip in rice prices is primarily due to external factors, […]
By Thi Ha. Retail rice prices in HCMC and Hanoi have stood firm at high levels despite paddy and export rice prices falling 40-50% to their lowest in years. Data from the Vietnam Food Association shows that paddy prices have decreased by 40-50% year-on-year to VND5,400-9,500 (US$0.2-0.37) per kilogram, depending on the variety. Meanwhile, the […]
The “Future of Good Life” project empowers Thai youth to advance sustainable rice farming, reducing carbon emissions and promoting low-carbon agriculture. The Minister of Agriculture and Cooperatives, Prof. Dr. Narumon Pinyosinwat, has endorsed the Future of Good Life project, a youth-led initiative aimed at promoting sustainable rice farming practices. During a meeting at the ministry, […]
By mid-January, Vietnam had exported 268,700 tonnes of rice, generating nearly 165.7 million USD, up 38.7% in volume and 23.28% in value year-on-year. To sustain exports, authorities are prioritising trade promotion, with the Ministry of Industry and Trade implementing measures to boost rice exports. Hanoi (VNA) – Vietnam’s rice exports hit a record 9.18 million […]
Reuters. MUMBAI, BANGKOK AND BANGLADESH: Prices of rice shipped from top exporter India were steady at an 18-month low while Thai rates were also unchanged from last week, amid muted demand and rising supplies. India’s 5% broken parboiled variety was quoted at $429-$435 per metric ton this week, unchanged from last week. Indian 5% broken […]
BANGKOK: Thailand’s rice exports reached a six-year high in 2024, with a total volume of 9.95 million tonnes, marking a 13 per cent increase from a year earlier, reported Xinhua, citing official data. The South-East Asian nation’s rice export value last year amounted to 225.66 billion baht (about US$6.43 billion), accounting for a rise of […]
WRITER: Reuters Thailand’s rice exports are seen falling about 24% to 7.5 million metric tonnes this year, the Commerce Ministry reported on Tuesday. The lower forecast was due to the resumption of exports from India and improved volumes from other rice producers, Arada Fuangtong, head of the ministry’s Foreign Trade Department, told a media conference. […]
Rice millers worry about sharp fall in prices following India’s return to the export market An adviser to the Thai Rice Mills Association has called on the government to guarantee paddy prices at 10,000 baht per tonne, saying the prices of freshly-harvested rice had fallen to a 10-year low to 6,000 baht per tonne. Chamroen […]
ASIA-RICE/ (REPEAT, PIX):RPT-ASIA RICE-Ample supply pushes India rates lower, Thai prices at 2-year low. Reuters. By Anushree Mukherjee Jan 23 (Reuters) – Rice prices from top exporter India extended declines to an 18-month low on rising supplies amid depreciation in the rupee, while weak demand pushed Thai rates to a two-year trough. India’s 5% broken […]
After experiencing devastating floods, a Thai farmer has created a stunning rice field art featuring a dragon and other symbolic figures. By Esha Dasgupta. Tanyapong Jaikham, a Thai farmer, has transformed his rice fields into a vibrant and poignant work of art, paying tribute to the devastating floods that ravaged parts of Northern Thailand, including […]
