Thailand’s Ministry of Commerce set a rice export target of 7.5 million tonnes for 2025, declining from an estimated 10 million tonnes this year. Bangkok (VNA) – Thailand’s Ministry of Commerce set a rice export target of 7.5 million tonnes for 2025, declining from an estimated 10 million tonnes this year. Arada Fuangtong, Director-General of […]
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 […]
NEWSPAPER SECTION: Business WRITER: Phusadee Arunmas The Commerce Ministry set a rice export target of 7.5 million metric tonnes for 2025, declining from an estimated 10 million metric tonnes this year. Arada Fuangtong, director-general of the Department of Foreign Trade, said for the first 11 months this year, rice exports rose by 14% year-on-year to […]
Thailand’s rice exports may decline in 2025 WRITER: Reuters Thailand’s exports are expected to rise 4% this year, up from a previous forecast of 2% growth, and to increase 1% to 3% in 2025, the Thai National Shippers’ Council reported on Tuesday. Exports, a key driver of the economy, jumped 14.6% in October from a […]
By: Julie M. Aurelio – Amid the quicker uptick in rice prices in October, the National Economic and Development Authority (Neda) said it would submit its recommendations to President Ferdinand Marcos Jr. on Friday to decide on rice import tariffs. Economic Planning Secretary Arsenio Balisacan, concurrent Neda director general, did not specify the recommendation, but […]
Reuters Prices of parboiled rice exported from top hub India gained, after holding steady for three straight weeks, supported by improved demand this week, while the delivery of shipments and demand from regular customers drove Thai rates to their highest in one month. Top exporter India’s 5% broken parboiled variety was quoted at $445-$453 per […]
By Leander C. Domingo THE 3rd International Conference on Rice for the Future 2024 discussed an array of topics, one of which was the solutions to salinity challenges by Glenn Gregorio, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (Searca) director. The event was organized by the Thailand Rice Science Research Hub […]
Thailand will give support of 38 billion baht to rice farmers in an effort to boost productivity, Agriculture and Cooperatives Minister Narumon Pinyosinwat said on Monday. Farmers will receive 1,000 baht per rai for up to 10 rai, Ms Narumon told reporters, adding about 4.68 million households would benefit. The assistance plan would be proposed […]
Reuters BENGALURU/ MUMBAI/HANOI/BANGKO: Thai rice export prices climbed to a one-month peak this week, buoyed by foreign demand, while Indian rice prices held steady near a 15-month low due to ample supplies. Exports are making the market active, a Bangkok-based trader said, adding that demand was from regular customers like the Philippines, Indonesia, other Asian […]
Commerce Ministry reports that export prices have risen by up to 24% in boost for farmers. The Commerce Ministry has announced an increase in Thai rice prices for 2024, with both export prices and paddy prices on the rise. Jasmine rice has seen a significant price increase, with premium varieties fetching 16,000 baht per tonne. […]
