The global rice market is currently grappling with the most significant shortage witnessed in the last two decades, a crisis exacerbated by India’s export bans on rice. This
In a world where food is a fundamental necessity, the significance of rice, a core staple for billions, cannot be overstated. Today, the global rice industry stands on shaky
India’s self-sufficiency in food is one of the “greatest achievements in human history”, said Goyal Union Minister of Commerce and Industry, Consumer Affairs, Food and
In a twist of events, the global rice market is grappling with an unprecedented shortage, now touted as the most severe in twenty years. This crisis has been significantly
Rice rates across Asian hubs hold flat as steady demand counters falling supply Synopsis India’s 5% broken parboiled variety was quoted at $510-$517 per metric ton,
Trade and industry insiders argue that officials lack an understanding of the rice trade dynamics, emphasizing the scarcity of in-demand rice varieties as a key factor driving
The rice market is set to remain tight at the start of the year on India’s ongoing export restrictions and an expected boost from festival demand, providing impetus
Synopsis: The offtake of rice in September and October 2023 was 2.838 mt and 3.098 mt,respectively, while in September and October 2022, the monthly offtake was 5.848 mt and 5.386
The Government’s policy intervention in 2023 will continue to impact the market. Workers weigh and pack paddy bags at Sitapur market in Uttar Pradesh. File | Photo Credit:
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