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Thai rice exports hit by India stock release, rising competition

Thai rice faces a prolonged crisis as global and domestic prices fall. India’s plan to release 20 million tonnes of rice threatens to drive prices down further, while Vietnam pushes premium “ST” rice to compete with Thai jasmine. Chukiat Opaswong, honorary president of the Thai Rice Exporters Association (TREA), told Thansettakij that India’s planned stock […]

Vietnamese broken rice joins menu of Japan’s fast-food giant chain

Japanese fast-food giant Matsuya has added “Vietnamese-style broken rice with pork” to the menu of more than 1,100 outlets nationwide, marking a major step for Vietnamese cuisine to conquer the Japanese market. ​ Tokyo (VNA) – Japanese fast-food giant Matsuya has added “Vietnamese-style broken rice with pork” to the menu of more than 1,100 outlets […]

Korea buying over 45,000 tons of rice from Vietnam, Thailand

Tim Kim aT spend $17 million to import rice from Asian countries. South Korea’s state-run Korea Agro-Fisheries & Food Trade Corp. (aT) has purchased more than 45,000 tons of rice through an international tender, foreign media reported on Aug. 25. According to the reports, aT agreed earlier this month to import a total of 45,200 […]

Asia Rice: Vietnam rates rise on low domestic supplies; improved demand lifts India prices

Synopsis Vietnamese rice prices surged due to dwindling domestic supplies, while Indian rates climbed, fueled by a stronger rupee and increased demand. Vietnamese rice prices rose this week as domestic supplies tumbled, while Indian rates also ticked higher on rupee appreciation and improved demand. Vietnam’s 5% broken rice was offered at $399 per metric ton […]

Asia rice: Vietnam rates rise on low domestic supplies; improved demand lifts India prices

Reuters Vietnamese rice prices rose this week as domestic supplies tumbled, while Indian rates also ticked higher on rupee appreciation and improved demand. Vietnam’s 5% broken rice was offered at $399 per metric ton on Thursday, up from $395 a week ago, according to the Vietnam Food Association. “Prices are higher as domestic supplies are […]

Vietnam rises to No. 2 in global rice exports, PM calls for rapid expansion

Vietnam has surpassed Thailand in rice exports. The Prime Minister urges immediate action to strengthen its competitive edge. Tien Phong Vietnam has surpassed Thailand to become the world’s second-largest rice exporter. To maintain this position, Prime Minister Pham Minh Chinh has called for the agricultural sector to swiftly address obstacles and seize export opportunities. Accelerating […]

Vietnam steps up drive for higher-quality rice exports

By bno – Ho Chi Minh Office Vietnam’s prime minister has ordered a renewed push to safeguard the country’s position as a leading rice exporter, stressing that the industry must focus on quality, sustainability and long-term competitiveness rather than volume alone, Viet Nam News reports. The directive from Prime Minister Phạm Minh Chính highlights concerns […]

Rice prices soar despite record harvest, ample reserves

Market analysts and consumers call the trend ‘abnormal,’ blaming syndicates, with many seeing the government as helpless. Shafiqul Islam Rice prices in Bangladesh have been climbing for several days across all varieties—coarse, medium, and fine grains—despite repeated government assurances of sufficient production and supply. Currently, coarse rice that was selling at Tk50–54 per kilogram is […]