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Rising Demand for Thai Parboiled Rice in West Africa as Price Gap with India Narrows

Source: S&P Global Demand for Thai parboiled rice is emerging in the West African market, as the price difference between Thai and Indian parboiled rice has declined sharply recently. Platts, part of S&P Global Commodity Insights, assessed Thai PB 100% at $375/mt FOB and India PB 5% at $381/mt FOB on July 7. Indian parboiled […]

Vietnam, Indonesia agree to sign rice trade deal as shipments plunge

By Reuters HANOI, July 8 (Reuters) – Vietnam will soon sign an agreement with Indonesia to boost long-term rice shipments, the Vietnamese government said on Tuesday in a statement, after exports plunged in the first half of the year. The statement came hours after Vietnamese Prime Minister Pham Minh Chinh met Indonesian President Prabowo Subianto […]

US tariff uncertainty threatens rice industry in Thailand

Thailand’s billion-dollar rice industry would be exposed to major risks if its trade negotiations with the U.S. fail, as the Trump government is threatening a 36 percent tariff on the country. While the U.S. is not Thailand’s largest rice consumer, it remains a critical market for high-value varieties, especially the premium jasmine rice. The Thai […]

Committee endorses 4 rice projects worth over B50bn

NEWSPAPER SECTION: Business / WRITER: Wichit Chantanusornsiri The National Rice Policy and Management Committee has approved four projects worth more than 50 billion baht to maintain price stability and strengthen security for rice farmers. According to Wittayakorn Maneenetr, director-general of the Department of Internal Trade (DIT), the committee approved a paddy sales postponement loan programme […]

Pakistan’s Rice Exports Remain Stable Despite India’s ‘Cheap’ Alternative

By Business Desk. Pakistan’s rice exports remained stable despite India’s heavily subsidized return to global markets in October 2024, following a two-year export ban. Pakistan exported 5.544 million tons of rice in the first 11 months of FY25, just 0.87 percent below the 5.593 million tons in the same period last year. India’s export pricing, […]

Asia rice: Prices in India edge up as demand improves; muted activity seen elsewhere

Reuters BENGALURU/MUMBAI/BANGKOK/DHAKA AND HANOI: Indian rice export prices edged up from two-year lows this week, helped by improving demand, while a lack of buying activity and higher supplies weighed on Thailand and Vietnam rates. India’s 5% broken parboiled variety was quoted at $380-$386 per ton, up from the last week’s $378-$384. Indian 5% broken white […]

India’s rice exports gain edge as Vietnam, Thailand face subdued markets: Report

India’s rice supply remains strong, with government reserves reported at 59.5 million metric tonnes as of June 1. This figure is over four times the official target for July, highlighting the country’s substantial rice stockpile. India Today Business Desk In Short Rice prices in India have experienced a modest increase this week as global demand […]

Vietnam, Thailand target increased rice exports to Japan

ANN/THE JAPAN NEWS – Vietnam and Thailand, which are among the world’s leading rice exporters, are expecting an increase in their exports of rice to Japan. In both nations, production of japonica rice, which is the same short-grain variety as that produced in Japan, has been expanding amid a boom in washoku Japanese cuisine. The […]