by Trade Brains In a significant shift in the global rice market, prices have experienced their sharpest decline in 16 years following India’s decision to relax export curbs.
This fragrant, tender, fluffy rice variety is cherished across South Asia and the Middle East. By Perry Santanachote Basmati rice—often called the “queen of rice”
SynopsisIndia’s 5% broken parboiled variety was quoted at $490-$495 per metric ton this week, the lowest since Aug. 24, 2023, amid weak demand and depreciation in the rupee.
BENGALURU/MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice prices across major Asian hubs declined to their lowest in more than a year this week, pressured by slow demand and increased
Farmers like Amrik Singh from Amritsar are bearing the brunt of these developments. Singh, who sold his Basmati 1509 produce at Rs 2,600 per quintal today, is deeply disappointed.
The Union Cabinet on Wednesday also approved the development of the National Maritime Heritage Complex (NMHC) in Gujarat, which is aimed to showcase India’s maritime
HANOI: Vietnam’s rice exports this year are expected to be higher than 7.6 million metric tons, Vietnam Food Association’s chairman said on Thursday. The Southeast Asian
Exporters say they incur $70/tonne additional costs; Customs officials playing safe to verify if shipments are white or parboiled rice. By Subramani Ra Mancombu India’s white
The standoff between Telangana and the central government over parboiled rice procurement has eased, with Telangana set to supply 37 lakh metric tonnes to FCI. Demand for
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