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Johari Ghani Urges Malaysia To Reduce Dependency On Rice Imports As Domestic Output Declin

Datuk Seri Johari Ghani, a member of parliament for Titiwangsa, has urged the government to make efforts to lessen Malaysia's reliance on rice imports required to meet domestic demand for.......

Published Date: September 19, 2023
115
Global Rice and Oil Prices Set to Surge as India Implements Export Ban, Predicts Meristem

According to Meristem, a Nigerian advisory firm alerts Nigeria for the expected surge in the prices of rice, edible oil, and other imported commodities in the upcoming months as recently .......

Published Date: September 19, 2023
177
Export duty on Russian wheat set to rise by 12.1%: Agriculture Ministry

The Agriculture Ministry of Russia stated that the export duty on wheat by Russia would be increased by 12.1% to 4,493.7 rubles per tonne on September 13 - 19, 2023 from the previous week.......

Published Date: September 19, 2023
132
USDA: Philippines to Takeover China as World's Top Rice Importer

According to the September report of the United States Department of Agriculture (USDA), the Philippines will overtake China as the world’s top rice importer despite the global rice pri.......

Published Date: September 19, 2023
150
The US Department of Agriculture Lowers Its Forecast For the Volume of Global Rice Trade

The global rice trade is facing significant changes as the Agriculture Ministry of the US recently lowered its forecast for the global rice trade for the years 2023 and 2024. .......

Published Date: September 19, 2023
122
Cambodia Exports 400K Tons of Rice in First Eight Months

According to the Cambodia Rice Federation (CRF), Cambodia has exported 400,000 tons of milled rice in the first eight months of 2023, estimated at $278.65 million to the world market with.......

Published Date: September 19, 2023
113
The Philippines & Vietnam, Finalizing a Rice Trade Agreement for 5 years

Vietnamese Prime Minister Mr. Pham Minh Cinh is in talks with the Philippines to finalize the trade agreement which will be in effect for five years. In a bilateral meeting wi.......

Published Date: September 18, 2023
132
India Lowers Wheat Stock Limit to 2,000 Tonnes; Ensures Sufficient Reserves of Wheat, Rice

India's Food Secretary, Mr. Sanjeev Chopra, recently announced that retail prices of essential food items such as wheat, rice, sugar, and edible oils are unlikely to experience significan.......

Published Date: September 18, 2023
173
Soaring Global Demand Drives Rice Exports Higher

This year Vietnam exported over 6 million tons of rice, estimated at around $3.2 billion. This figure is 21% up in terms of volume and 35% up in terms of value from the last year. Vietnam.......

Published Date: September 18, 2023
158
Southeast Asian Leaders Commit to Refrain from Trade Curbs Amid Rice Supply Concerns

ASEAN leaders commit to continue the exports of agricultural products and refrain from putting any “unjustified” trade barriers as the region is worried about the low grain production.......

Published Date: September 18, 2023
111
Russia rejects Revival of Black Sea Grain Deal Before Demands are Met, Putin tells Erdogan

In a recent meeting with Turkish President Recep Tayyip Erdogan in Sochi, Russian President Vladimir Putin restated his stance on the reinstatement of a United Nations-brokered deal to sa.......

Published Date: September 06, 2023
187
Malaysia Strives to Meet Domestic Rice Demand

In a press conference held on September 5, Malaysia's Ministry of Agriculture and Food Security (KPKM) expressed confidence in the swift recovery of white rice production in the country t.......

Published Date: September 06, 2023
112
India’s Rice Export Could Decline To 4-Year Low Of 16.5 Mt In 2023-24: FAO

According to the Food and Agriculture Organization (FAO), the growth in rice production in Bangladesh and Nigeria, along with crop recovery in Cambodia, Myanmar, Pakistan, Sri Lanka, and .......

Published Date: September 09, 2023
138
Global Rice Prices Surge toward $700 Tonne as the Market Digests Indian Rice Export Curbs

Global rice prices are on the rise, with white rice and parboiled rice nearing $700 per tonne, primarily due to India's recent export restrictions. Thailand is leading this surge, with pa.......

Published Date: September 09, 2023
147
September Rains Likely to Clear Speculations Over India’s Food Supplies and Decisions to

According to the Indian Food Ministry, the forecast of rain this month will limit crop damage, ensuring sufficient supplies of grains. Ongoing food restrictions and inflating prices of gr.......

Published Date: September 06, 2023
121
Brazil’s sugar exports likely to hit record high in 2023/24 season

Reports stated that Brazil is expected to achieve a historic peak in sugar production during the 2023-24 season, with an estimated production of 42.7 million metric tons, marking a valuab.......

Published Date: September 07, 2023
152
India allows rice export to Bhutan, Singapore and Mauritius

India has taken a significant step in its international trade policy by allowing the export of rice to its allied nations, Bhutan, Singapore, and Mauritius, according to the Directorate G.......

Published Date: September 06, 2023
157
Global rice shipments could fall 4% due to India’s export restrictions

After India’s ban on the export of non-white basmati rice, the whole world is in shock as India is the major rice exporter of the world. This significant disruption in the global rice m.......

Published Date: September 06, 2023
168
Hungary Threatens to Reimpose Import Ban on Agricultural Products from Ukraine

Hungary's government has confirmed its intention to reimpose a ban on agricultural products from Ukraine starting September 16 if the EU doesn't extend the ban on the domestic sale of Ukr.......

Published Date: September 05, 2023
144
India’s Rice Export Ban Affects Asia, Africa

India put restrictions on the export of non-basmati white rice in July to prevent the high prices of rice at the local market due to the upcoming El Nino and the festive season. This deci.......

Published Date: September 04, 2023
165
PM Gati Shakti: Network Planning Group recommends 4 infra projects worth Rs 7,693 cr

The 54th Network Planning Group (NPG) has proposed four infrastructure projects as part of the PM Gati initiative, with a total cost of Rs 7,693.17 crore. These recommended projects encom.......

Published Date: September 04, 2023
153
Uneven Rain May Cause 5% Decline in India’s Rice Output

In a worrisome development for India's agricultural sector, the country's rice output is predicted to decline by around 5% due to uneven rainfall distribution across different states. The.......

Published Date: September 04, 2023
181
Continued Supply Side Measures are Necessary to Prevent Frequent Food Supply Shocks: RBI G

Continuing supply-side measures remains crucial in preventing the rise of food supply shocks into broader, economy-wide price fluctuations, the RBI Governor said in the minutes of the Mon.......

Published Date: September 02, 2023
149
After Rice And Onion, GOI Likely To Ban Sugar Exports Starting October: Reports

Given that the global food prices are already on the verge of reaching multi-year highs, any further increases may result in higher food inflation globally. Last month, India .......

Published Date: August 31, 2023
269
India’s Rice Export Restrictions Lead to a 12-year Peak in Global Rice Prices

In July, India banned the export of non-white basmati rice, creating havoc in the global rice market after that India imposed a 20% export duty on parboiled rice on August 25. This series.......

Published Date: August 29, 2023
217
Government Imposes Restrictions On Export Of Basmati Rice

The Union Commerce Ministry in India has directed the Agricultural & Processed Food Products Export Development Authority (APEDA) to hold consultations with traders of Basmati rice in.......

Published Date: August 28, 2023
171
Government Officials Deny Media Reports Of Considering Export Tax On Parboiled Rice Variet

Referring to market speculations that India is likely to impose 20% export duty on non-basmati parboiled rice, Food Secretary of India, Mr. Sanjeev Chopra said in a statement that there a.......

Published Date: August 28, 2023
136
Govt. Imposes 20% Export Duty On Parboiled Rice

Parboiled rice exports from India are now subject to a 20% duty placed by the Government in an effort to maintain a sufficient local supply and control rising domestic prices........

Published Date: August 26, 2023
246
Nepal Requests Rice, Sugar From India To Avoid Possible Food Shortage In The Upcoming Fest

India’s north-east neighbor, Nepal has requested the Government of India (GOI), to supply rice and sugar as a precautionary move to address possible food shortage in the country in the .......

Published Date: August 22, 2023
242
Vietnamese Rice Exporters Renegotiate Prices For Their Shipments After India’s Rice Expo

Since India, which supplies 40% of the world's rice, banned non-basmati white rice exports last month, rice prices have increased by about 20% to 15-year highs. India's decision.......

Published Date: August 22, 2023
181
Price Of Spices On The Rise In India

India is the largest producer, consumer, and exporter of spices in the world, and over the years, the domestic production of different spices have increased significantly. Madhya Pradesh,.......

Published Date: August 21, 2023
217
Myanmar Expects Rice Exports To Surge In Coming Months After India Curbs Supply

India- the largest rice exporter, banned exports of non-basmati white rice, a move that took global rice market by surprise, with a view to stabilize domestic rice prices in the country........

Published Date: August 21, 2023
138
Bangladesh Refiners Cut Soybean Oil, Sugar Prices Due To Fall In Their International Rates

Bangladesh imports most of its sugar and soybean oil for its domestic requirements due to low domestic production of both the commodities and in a recent move, the prices of both the comm.......

Published Date: August 21, 2023
113
Vietnam Has The Potential To Export 8 Million Tonnes Of Rice This Year: Agriculture Minist

Located in Asia, Vietnam is the third largest rice exporter in the world. It ranks behind India and Thailand in the global rice trade and exports bulk rice to the world every year........

Published Date: August 21, 2023
127
Palm Oil Demand Rise Amid Rise In Prices Of Rival Edible Oils Like Soyoil And Sunflower Oi

According to industry officials, demand for palm oil has been growing as its price advantage over soy oil and sunflower oil has increased. This has been caused by the recent price increas.......

Published Date: August 19, 2023
163
Rice Prices In Asia Soared To The Highest In Almost 15 Years, Over Concerns About Global S

The ban on the export of some varieties by the top rice supplier India and the threat of dry weather to Thailand's production caused rice prices in Asia to soar to their highest levels in.......

Published Date: August 19, 2023
194
Supply Woes Propel Rice Export Rates In Top Hubs To New Peaks

Rice prices in Vietnam and Thailand have risen by nearly 20% since India banned the export of non-basmati white rice last month. This week, prices of rice exported from Asian .......

Published Date: August 19, 2023
151
Russia Faces Challenges In Wheat Shipping

The ramifications of Ukraine's actions in the Black Sea have triggered a series of consequences for Russia's wheat exports, resulting in escalating costs and challenges in maintaining its.......

Published Date: August 18, 2023
145
GOI Mulls 40% Cut In Wheat Import Duty

Amidst a backdrop of soaring grain prices and a surge in demand ahead of the festival season, the Indian government is contemplating a significant shift in its import policy for wheat. As.......

Published Date: August 18, 2023
126
Prices Of Parboiled Rice Surge 12% As Global Demand Picks Up

Prices of non-basmati parboiled rice, such as IR 64, have increased by almost 12% over the last ten days owing to increased purchases from markets like Africa and West Asia amid India’s.......

Published Date: August 18, 2023
161
GOI May Relax Rice Export Ban Post-Harvest

Commanding a mammoth 40% share in the global rice trade, India is the leading rice exporter in the world and the Asian nation enjoys bumper paddy harvest every year which help it to ship .......

Published Date: August 18, 2023
136
Significant Increase In Imports Of Ukrainian Sunflower Oil By EU

In the ongoing agricultural season 2022/23 (September-July), the member states of the European Union (EU) have emerged as the leading importers of Ukrainian sunflower oil, consuming appro.......

Published Date: August 18, 2023
208
Limited Supplies, Robust Demand Push Wheat Prices In India To 6-Month High

India is the second-largest producer of wheat worldwide. India's wheat prices have risen to a 6-month high. To keep prices under control, the government may lower or eliminate import taxe.......

Published Date: August 18, 2023
112
After Rice Export Ban, Speculations On Ban On Sugar Exports Grow

Following the ban on the export of non-basmati white rice by India in order to control prices, there is growing speculation that sugar exports may be similarly restricted. Since April, a .......

Published Date: August 18, 2023
122
India’s White Rice Export Ban Might Not Last Long: Exporters

According to a vast majority of exporters, the export ban on non-basmati white rice may not last for very long because concerns over the standing crop's have eased. Mr. Anil K.......

Published Date: August 18, 2023
115
Global Food Prices Rise After Russia Ends Grain Deal And India Restricts Rice Exports

According to the United Nations’ Food and Agriculture Organization (FAO), prices for food commodities such as rice and vegetable oil have increased for the first time in months as a res.......

Published Date: August 17, 2023
205
Basmati Rice Exporters Could Flourish Due To Non-Basmati’s Export Ban: Ind-Ra Report

With a view to stabilize prices of non-basmati white rice that was on a rise due to late but heavy monsoon rains in the Punjab and Haryana belt, the Government of India banned exports of .......

Published Date: August 17, 2023
169
Pak Rice Exporters Having A Field Day As India Bans Non-Basmati Rice Export

The Indian government's ban on the export of non-basmati white rice to the international market is giving Pakistani rice exporters a field day. Changes In India's Rice.......

Published Date: August 16, 2023
112
India’s Export Ban Pushes Global Rice Prices To Nearly 12-Year High

Located in Asia, India is the largest rice exporter and second largest rice producer in the world. The country exports different varieties of rice (both basmati and non-basmati) to 150+ c.......

Published Date: August 12, 2023
175
Indian Government Unlikely To Allow Sugar Exports Till March 2024

The government declared on 4th August that the level of sugar production in the upcoming season, which begins on October 1, is unlikely to decrease. Because exports are still prohibited, .......

Published Date: August 12, 2023
151
Sugar Prices Mixed On Brazil Real Weakness And Crude Strength

Sugar prices ended mixed on Thursday, November 3, 2023. Oct NY world sugar #11 (SBV23) closed -0.18 (-0.74%), while Oct London white sugar #5 (SWV23) closed +1.80 (+0.26%). Pr.......

Published Date: August 12, 2023
178
Big Week For New Crop Soybean Export Sales

The most recent set of sales data highlighted exports of the new soybeans crop. Exports Of Soybean According to the USDA, more than 2.6 million .......

Published Date: August 12, 2023
123
Opportunities For Việt Nam To Boost Rice Exports: Official

The Ministry of Agriculture and Rural Development (MARD) in Vietnam said on August 1, at a press conference in Hà Ni that restrictions on rice exports by some nations, including those of.......

Published Date: August 12, 2023
126
India Sugar Output Could Fall 3.3% On Weak Rains -Trade Body

Located in Asia, India is the largest sugar exporter and second largest sugar producer in the world. It exports bulk sugar to over 50 countries around the world and riding on the back of .......

Published Date: August 11, 2023
126
ISMA Pegs Sugar Output Lower By 3.41% At 31.68 Mn Tons In 2023-24 Season

India is the world's second-largest producer of sugar and lies behind Brazil in terms of sugar production and exports. Sugar Production In India A.......

Published Date: August 11, 2023
158
Russia’s Grain Exports In July Witnesses A 60% YoY Rise

Located partly in Eastern Europe and partly in northern Asia, Russia is one of the biggest grain producers and exporters of the world. The country harvests bulk volumes of grains every ye.......

Published Date: August 11, 2023
214
Ukraine’s Vegetable Oil Exports Rise By 7% In July 2023

Ukraine and Russia are both major global suppliers of wheat, barley, sunflower oil, and other food staples used by developing countries. The Black Sea Grain Deal .......

Published Date: August 09, 2023
87
India’s rice export ban clogs port with 200,000 tonnes stock

On 20th of July, 2023, world’s largest rice exporter-India, banned exports of non-basmati white rice in a move to stabilize prices in the domestic markets of the country and the Governm.......

Published Date: August 09, 2023
182
Commerce Ministry Of India Urged To Ease Non-Basmati Rice Exports Ban

India banned the export of non-basmati white rice on July 20 in an effort to control the rising cost of the staple food grain on the domestic market after worries about paddy production w.......

Published Date: August 09, 2023
213
Asian And African Countries Likely To Bear The Brunt Of India’s Rice Export Ban

On 20th July, India, the largest rice exporter in the world, restricted the export of non-basmati white rice in an effort to “ensure adequate domestic availability at reasonable prices.......

Published Date: August 05, 2023
202
New FY24 Highway Target Highest So Far

The government has increased the highway construction target for FY24 from 12,500 km to 13,800 km, according to officials in the Ministry of Road Transport and Highways. .......

Published Date: August 05, 2023
133
Vietnam Food Association Official Says No Immediate Plan To Curb Rice Exports

After India-the world’s largest rice exporter, banned non-basmati white rice exports in a surprise move on 20th of July, 2022, global rice importers started feeling anxious over the sit.......

Published Date: August 05, 2023
116
Indian Basmati Rice Exporters Get Requests For Early Shipments

Located in the southern part of Asia, India is the largest rice exporter in the world. The Asian nation exports different varieties of rice to 150+ countries around the world and commands.......

Published Date: August 05, 2023
160
Global Rice Shortage In 2023 To Be Largest In 20 years

India is currently the world's top exporter of rice, making up over 40% of the global rice trade, and the world's second-largest producer of the grain after China. Cur.......

Published Date: August 05, 2023
164
Rice Prices In Vietnam's Mekong Delta Reach Decade High Following India's Export Ban

Last week, rice prices in Vietnam's Mekong Delta region reached their highest level witnessed in ten years, owing to India's recent ban on the export of non-basmati white rice. .......

Published Date: August 05, 2023
138
UAE Temporarily Bans Exports And Re-Exports Of Indian Rice

It can be noted that the UAE serves as a regional hub for the re-export of Indian food grains into some other Gulf and North African nations. A temporary ban on rice exports a.......

Published Date: August 05, 2023
133
Orders Of 20 Lakh MT Faces Threat Due To Non Basmati White Rice Export Ban: Traders

According to a release here from Kiran Kumar Pola, Director of Deccan Grainz India, a major rice exporter from Hyderabad, India exports non-basmati rice to other nations at a rate of 5 la.......

Published Date: August 05, 2023
200
How India’s Rice Export Ban Could Trigger A Global Crisis

The export of non-basmati white rice has been prohibited by India. Due to crop damage and production concerns brought on by the delayed monsoon rains, the government issued a notice on th.......

Published Date: August 05, 2023
158
Amid Black Sea Turmoil, Wheat Set For 9% Weekly Climb; As India Rice Export Issues Emerge

According to today's report, “Wheat edged lower but is still poised for a weekly gain of more than 9%, as military drills in the Black Sea add to the risks of disrupting grain trade fro.......

Published Date: August 04, 2023
199
Vietnam Says To Continue Rice Exports To PH Despite El Niño

Vietnam has made a commitment to continue exporting rice to the Philippines despite potential supply issues caused by El Niño, according to its envoy in Manila on Friday. .......

Published Date: August 02, 2023
186
Ban On White Rice Export May Not Impact A.P. Farmers Much, Say Experts

To combat rising food grain prices, the Union government has banned the export of white rice (other than basmati) with immediate effect. Even though exporters are concerned about the ban,.......

Published Date: August 02, 2023
157
Express View On Curbs On Rice Exports: Against The Grain

India exported 22.3 million metric tonnes (MMT) of rice worth more than $11.1 billion in 2022–2023. In many ways, India's role in the world's rice trade is comparable to that of Indones.......

Published Date: August 02, 2023
112
Brazil Sugar Hedging On ICE For New Season Seen At 4.5 Mln Tns -Archer

According to risk management company Archer Consulting, Brazilian mills hedged roughly 4.5 million metric tonnes (MMT) of the upcoming season's (2024/25) sugar export sales using ICE New .......

Published Date: July 31, 2023
132
India-Myanmar-Thailand Trilateral Highway In Focus As EAM Jaishankar Expedites Projects, P

The trilateral highway connecting India, Myanmar, and Thailand was one of the projects that the external affairs minister, S Jaishankar, discussed with his counterpart from Myanmar, Than .......

Published Date: July 31, 2023
101
What This Year's El Niño Means For Wheat And Global Food Supply

The global effects of El Niño are complex and multifaceted. It has the potential to affect the lives of the vast majority of the world's population. This is especially true for low-incom.......

Published Date: July 28, 2023
145
Charting The Global Economy: India May Ban Rice Exports, China Economy Struggle

India is considering prohibiting the export of several rice varieties, which could drive up already rising global prices. Global Scenario The US.......

Published Date: July 26, 2023
117
Lower Rice Yield Predicted For Asia

A world still reeling from the effects of the war in Ukraine is expected to be negatively impacted by warmer, drier weather brought on by an El Nino that arrived earlier than usual. This .......

Published Date: July 26, 2023
135
Cambodia Posts Some 89 Million USD In Rice Exports To China In H1

Located in Southeast Asia, Cambodia has immense potential to become a leading rice exporter. According to the Asian Development Bank (ADB), skies are wide open for the rice exporters of t.......

Published Date: July 25, 2023
100
Rice Export Prices Reach 10-Year High

The cost of rice for export has significantly increased as a result of both the global decline in the supply of rice and the effects of the El Nino climate pattern. R.......

Published Date: July 22, 2023
108
India Rice Export Ban Could Mean Soaring Prices Worldwide

 The largest global rice supplier, India, considers export restrictions on several varieties which could raise global prices of the commodity. About half.......

Published Date: July 22, 2023
131
India Sugar: Rises Slightly In North India As Mills Raise Prices

India is the world's second-largest producer of sugar and a significant exporter. Sugar prices in north India increased slightly today as mills increased selling prices, according to deal.......

Published Date: July 22, 2023
123
India Bans White Rice Exports To Control Price

Located in Asia, India is the largest rice exporter in the world and the country ranks second, behind China in terms of .......

Published Date: July 21, 2023
119
India May Ban Exports Of Most rice Varieties: Report

A day after food inflation spiked, India is considering banning the export of most rice varieties, as reported on Thursday. This move by India, the world's largest rice export.......

Published Date: July 20, 2023
81
India Will Continue To Export Food Grains To Vulnerable Countries

Located in Asia, India is an agricultural powerhouse. Over the years, it has established itself as a reliable agro-supplier and different countries around the world depend upon the Asian .......

Published Date: July 20, 2023
101
Rice To Get Costlier In The Global Market, Prices Ruling At 11 Year High

Rice is the primary staple for over 3 billion people around the world. From kheers to biryani, a wide range of cuisines are made out of it and hence the demand for rice remains strong all.......

Published Date: July 18, 2023
82
Vietnam Exports 4.2 Mln Tons Of Rice In H1

According to a newspaper, Vietnam is the world's third largest rice exporter, trailing only India and Thailand. As per local media, which cited the Ministry of Agriculture and.......

Published Date: July 18, 2023
128
Myanmar Exports 260,000 Tons Of Rice, Broken Rice In Q1 Of FY 2023-24

Rice farming has been practiced in Myanmar for a very long time, and the country is renowned for its superior rice quality. The nation is a significant global rice exporter&n.......

Published Date: July 14, 2023
96
Morocco Introduces Subsidy To Encourage Imports Of 2.5 Million Metric Tonnes Of Soft Wheat

Located in northwest corner of Africa, Morocco has long been a large wheat importer. On an average, the country has imported 3 million tonnes of soft wheat every year in last 10 years and.......

Published Date: July 12, 2023
94
India Likely To Export 290,000 Tonnes Of Broken White Rice Under G2G Route To Mali

Located in Asia, India is the leading rice exporter in the world. More than 150 countries around the world depend upon India for their rice needs and African countries specially rely on I.......

Published Date: July 12, 2023
89
The Dispute About Sugar Subsidies At WTO

Located in Asia, India is the largest sugar producer and second-largest sugar exporter in the world. The Asian nation ranks behind Brazil in global sugar trade and bumper sugar production.......

Published Date: July 10, 2023
111
Export Prices Of Pulses, Rice Dip, Yet Imported Palm Oil Price Spikes

While import prices for palm oil unexpectedly increased in late June 2023 in response to changes in the local foreign exchange market, export prices for rice and pulses are both significa.......

Published Date: July 10, 2023
92
India Losing Iran's Rice Market As Rupee Reserves Deplete

Following the depletion of the West Asian nation's rupee reserves in recent weeks, India faces the possibility of losing one of its largest markets for basmati rice exports, Iran, people .......

Published Date: July 10, 2023
96
Thailand Is On Track To Be World's Second-Largest Rice Exporter With 8 Million Tonnes

Thailand intends to export more than 8 million tonnes of rice this year, making it the second-largest rice exporter in the world. Thailand’s Rice Exports .......

Published Date: July 07, 2023
159
India Approves Wheat And Broken Rice Export Requests

Following requests from a select few nations to permit the shipments of the grains, India has decided to approve the export of wheat and broken rice, the Government announced in two separ.......

Published Date: July 07, 2023
173
Centre Pushes for Precast Material in Highway Projects

With a view to reduce pollution at the construction sites, ensure expeditious progress and improve the aesthetics, the Union Ministry of Road Transport and Highways (MoRTH) on 1st of Apri.......

Published Date: July 06, 2023
199
Highway Construction Target To Be Raised To 38 Km/Day For FY24

The Government is planning to increase the country’s highway construction target for the current fiscal year,which may now be pegged higher at around 14,000 km, up from 12,500 km set at.......

Published Date: July 05, 2023
111
Cambodia Exported More Than 2.5 Million Tonnes Of Rice To The Philippines For The First Ti

Cambodia exported approximately 2,575 tonnes of rice to the Philippine market for the first time, Oknha Chan Sokheang, President of the Cambodian Rice Federation, confirmed this on the 26.......

Published Date: July 05, 2023
99
Thai Rice Exports Exceeded 8 Million Tonnes This Year

According to its director general Ronnarong Phoolpipat, the Department of Foreign Trade is leading efforts to increase Thai jasmine rice sales in China and the Hong Kong Special Administr.......

Published Date: July 05, 2023
79
India’s Exports Of Spices Hop Over 41% In April-May

India has registered a 41% jump in its exports of spices and spice products during the first two months of the 2023-24 fiscal year. Rise In India’s Spice Exports&nb.......

Published Date: July 04, 2023
136
Demand Surge Pushes Basmati Rice Rates Up, Haryana Farmers Eye Rich Returns

Located in Asia, India is the leading rice exporter in the world. It commands a mammoth 40 per cent share in the global rice trade and different varieties of Indian rice enjoy strong glob.......

Published Date: July 04, 2023
129
Global Sugar Prices Continue To Drop On Favorable Brazil Weather

The prices of any commodity, be it rice, wheat or sugar depends upon two variables, namely the demand and the supply. Hence, factors influencing the demand or supply of a commodity like m.......

Published Date: July 04, 2023
146
Rice Exports From Pakistan To Russia Will Escalate

In a significant development, fifteen additional rice facilities received approval for rice exports to Russia. The DPP was successful in obtaining 15 more rice establishments for the purp.......

Published Date: July 03, 2023
68
Japan’s Rice Exports Rise 40% Year-On-Year Amid Bad Harvest In The U.S.

There’s a popular saying that goes like “problem for one; presents opportunities for another” and this appears to be true with Japan this year.Located in East Asia, Japan is .......

Published Date: July 01, 2023
176
MoU Signed To Export More Rice And Broken Rice To The Philippines

Currently, it is not practical to export rice from Myanmar to the Philippines because the cost of the commodity in Myanmar is higher than the cost internationally. According to an Myanmar.......

Published Date: July 01, 2023
193
El Niño Threatens Thai Agriculture With 5% Rainfall Drop And Water Shortages

With hot and dry conditions continuing despite the rainy season's official start on May 22, the effects of the El Niño weather pattern on Thailand are becoming more apparent. .......

Published Date: June 26, 2023
144
World’s Rice Glut Will Be Put To Test With El Nino’s Return

Rice is one of the most consumed agro-commodity around the world. Different cuisines can be made out of it and hence the demand for rice remains strong all-round the year. However, the As.......

Published Date: June 26, 2023
146
Delay And Disruptions In Container Movement At Mundra Port

All ports in Gujrat’s Kutch, including Mundra Port suspended operations on 12th of June 2023 amid warnings of an “extreme severe” cyclone Biparjoy. The ports were expec.......

Published Date: June 22, 2023
219
Export Of Raw Rice Behind Rise In Prices Of Rice In Tiruchi

In Tiruchi market, the price of rice has seen a sharp increase. While the cost of rice varieties grown primarily in Tamil Nadu’s delta region has moderately increased, those from Andhra.......

Published Date: June 22, 2023
176
India To Cap Sugar Exports Until H1 2024 As El Nino Looms - Govt Sources

India, the world's second-biggest sugar exporter, usually decides the amount of the sweetener mills can export before the start of the new marketing year on Oct. 1. The delay in shipments.......

Published Date: June 22, 2023
163
In 2023, Sugar Prices See An Increase Of Over 5%

Several fundamental factors have caused a significant volatility in sugar price trends. This restriction on Indian exports may raise prices globally and open up a market for B.......

Published Date: June 22, 2023
238
GOI Imposes Wheat Stock Limit To Arrest Price Rise

Located in Asia, India is the second largest wheat producer in the world, behind China and the country harvests bulk volumes of wheat every year. Cool climatic conditions and medium rainf.......

Published Date: June 22, 2023
189
The Philippines To Drive Global Rice Consumption Next Year: USDA

Rice is one of the most consumed agro-commodity around the world. From biryanis to kheers, a wide range of cuisines can be made out of it and hence the global demand for rice remains high.......

Published Date: June 22, 2023
193
NHAI To Build 5,060-Km Highway Stretches In The Financial Year 2024

The National Highways Authority of India (NHAI) has set an ambitious target for the current fiscal year to further expand and improve the country's road network. The NHAI inte.......

Published Date: June 22, 2023
182
Global Black Pepper Market To Witness Strong Growth With A CAGR Of 7% By 2023-2032

By 2032, it is anticipated that the black pepper market will grow at a value-based CAGR of 7% and generate revenues that range from US$ 5,406.0 Mn to about US$ 10,834.9 Mn. .......

Published Date: June 20, 2023
198
Myanmar Rice Prices Rising In Domestic Market

Rice prices in Myanmar are continuing to rise in the aftermath of Cyclone Mocha, as people stockpile supplies, and rice exports are still permitted. Rice Pricing In My.......

Published Date: June 20, 2023
284
El Niño Could Reduce Thailand’s Rice Output By Up To 6 Percent This Year

Ranking behind India, Thailand is the second largest rice exporter in the world. It exports bulk rice every year and has earned its name as a reliable rice supplier in the global rice mar.......

Published Date: June 20, 2023
145
Sugar Futures Rise; Robusta Coffee Hits Record High, Lack Of Sales From Brazil Causes Surg

Brazil, the world’s biggest sugar producer, has witnessed a surplus of sugar production in the current year. Sugar Data July raw sugar increas.......

Published Date: June 16, 2023
155
Cambodia's Rice Export Exceeded 278,000 Tonnes And Nearly $200 Million In January-May

Cambodia is preparing its rice sector to enter the global market while keeping the national stock, farmers' welfare, and agricultural resources in check. Since the government announced pl.......

Published Date: June 16, 2023
190
Cabinet Clears Higher MSP For Kharif Crops

On Wednesday, the Union Cabinet Committee on Economic Affairs released updated minimum support prices (MSPs) for various kharif crops. Rice MSP Hike .......

Published Date: June 16, 2023
219
PM's "Gati Shakti" Gives Impetus To Infrastructure Development

Hon’ble Prime Minister Shri Narendra Modi has changed the face of India both on local and global fronts.  The country has witnessed remarkable transformation in each and every sect.......

Published Date: June 16, 2023
177
Punjab Sets Rice Cultivation Target - Markets

The Punjab government has announced a target of cultivating rice across 5 million acres of land this year, which is a significant move to increase rice production. Th.......

Published Date: June 16, 2023
186
Electronic Cargo Tracking Note (ECTN) must be obtained for all Djibouti Ports imports cont

Aboubaker Omar Hadi, Chairman of DJIBOUTI PORTS AND FREE ZONE AUTHORITY notifies all importers, exporters, shipping lines, customs authorities, freight forwarders, and logistics companies.......

Published Date: June 13, 2023
361
Rice Export Price Hits Decade High

Rice has witnessed the highest growth in export value among the products of Vietnam's agricultural, forestry and fishery department. Vietnam’s Rice Exports Rise .......

Published Date: June 09, 2023
196
Gehlot Lays Foundation, Inaugurates Road Works Worth Rs 3,378 Cr

Chief Minister Ashok Gehlot of Rajasthan recently addressed the ongoing initiatives of the state government to establish excellent infrastructure within the region. During an event on Jun.......

Published Date: June 09, 2023
221
Romania Wants To Ban Wheat But Not Sugar Imports From Ukraine

The conflict between one of the biggest grain producers and exporters of the world, Russia and Ukraine that started in 2022 changed the face of global agro-trade. Prior to the.......

Published Date: June 08, 2023
208
Sugar Prices Sag As Sugar Output In Brazil Climbs

Sugar Prices Experience Moderate Decline on Increased Brazil Production and Changing Weather Patterns. India stands as the world's second-largest sugar producer. On Thursday, .......

Published Date: June 08, 2023
265
Indian Rice Rates Recover Slightly As Recent Dip Attracts Asian Buyers

A robust agricultural sector allows India, where rice is a staple food, to produce a significant amount of the grain for both domestic and international markets. Prices of rice exported f.......

Published Date: June 07, 2023
321
Construction Begins On 31-Km Link Road To Connect Noida International Airport With Delhi-M

For the link road that will connect Jewar Airport with Delhi's Indira Gandhi International Airport and Haryana, the administration has acquired 66.73 hectares of land. .......

Published Date: June 07, 2023
321
The Indian Steel Industry Projects Domestic Demand To Rise 7.5% In Current Fiscal

The Indian Steel Association (ISA) predicted that India's steel demand would increase by 8 to 9 million tons (mt) annually over the course of the next two fiscal years thanks to strong mo.......

Published Date: June 05, 2023
252
Price Guarantee For Basmati Rice Growers Of Punjab Soon

Located in Asia, India is the leading rice exporter of the world. It commands a mammoth 40% share in th.......

Published Date: June 05, 2023
247
Russia Plans To Export 50-55 Mln Tons Of Grain In 2023/2024

Located partly in Eastern Europe and partly in northern Asia, Russia is one of the biggest grain producers and exporters of the world. The country harvests bulk volumes of grains every ye.......

Published Date: June 05, 2023
236
Uttar Pradesh Government To Reimburse Rs 146 Cr To Eight Mega Projects

The Uttar Pradesh government has announced that under the Uttar Pradesh Industrial Investment Policy, it will reimburse Rs 146 crore to eight megaprojects. Jaypee Cement Aligarh, RCCPL Pv.......

Published Date: June 03, 2023
181
Bulk Exports Push Sugar Prices Up

During the February-April period of this fiscal year, Pakistan exported a significant amount of sugar, raising domestic retail prices of the sweetener. Sugar Exports F.......

Published Date: June 03, 2023
203
Corn, Soybeans Under Pressure On Sowing Demand; Wheat Firms

Chicago corn prices experienced a decline on Thursday, marking the first drop in four consecutive sessions. Similarly, soybeans also faced a decrease as a result of limited demand for bot.......

Published Date: June 02, 2023
328
Govt To Lift Ban On Aromatic Rice Export

India is the global leader in rice exports and commands around 40% of the global rice trade. India’s Aromatic Rice Export Policy .......

Published Date: June 02, 2023
347
Thailand’s Rice Exports Near 3 Million Tonnes Over Four Months Of 2023

As a matter of fact, Thailand is the second largest rice exporter in the world. It ranks behind India is the global rice trade and the Asian nation has earned its na.......

Published Date: June 02, 2023
296
Brazilian Exports To Arab Countries Surged 10.33% During The First 4 Months Of 2023

Strong ties and relationships between countries act as a boon in the world we live in today. It promotes trade and investment and is a win-win both for the global economy in general and f.......

Published Date: May 30, 2023
244
Centre Plans 32 Km, Rs 3,000 Crore Road To Link Noida International Airport With IGI

Nitin Gadkari, Union Minister for Road Transport and Highways, has announced a new road link between the under-construction Noida International Airport (NIA) at Jewar in Uttar Pradesh and.......

Published Date: May 30, 2023
248
Taiwan Tenders For About 56000 Tonnes Wheat Of U.S.-Origin

According to European traders, the Taiwan Flour Millers' Association has launched an international tender to buy approximately 56,000 tonnes of grade 1 milling wheat from the United State.......

Published Date: May 25, 2023
289
Domestic Rice Production Has Increased—Buhari

The recently commissioned large-scale Integrated Rice Mill, according to the federal government, will increase domestic rice production and assist the country in achieving self-sufficienc.......

Published Date: May 25, 2023
240
Export Prices For Russian Wheat Continue To Decline After Grain Deal Extension

The balance between market demand and supply determine the price of any commodity. A higher demand amid disruptions in supply chain, drive up prices of the commodity; while a lower demand.......

Published Date: May 25, 2023
199
Global Sugar Prices May Go Up As Indian Output Drops

India is the largest sugar producer and sugar exporter in the world. Bumper sugar production helps the Asian nation ship bul.......

Published Date: May 25, 2023
252
The Rabobank Report Sees U.S Domestic Soybean Demand Climbing

Located in North America, the United States is the leading soybean producer and second biggest soybean exporter in the world. Soybeans comprise approximately 90% of .......

Published Date: May 25, 2023
250
India’s Rice Export Curbs Aggravate The Food Crisis In China

India is the largest rice exporter in the world, accounting for 40% of the global rice trade. The majority o.......

Published Date: May 25, 2023
354
India’s Ban On Wheat Exports, Curbs On Rice Shipments To Stay

India is the largest rice exporter and second-largest wheat producer in the world. Back in 2022, it banned exports of wheat and wheat flour and also imposed a 20% duty on exports of all v.......

Published Date: May 24, 2023
282
Vietnam Imported Cashew Worth US$ 1 Billion In First 4 Months Of 2023

During the first four months of the year, Vietnam imported roughly 795,500 tonnes of raw cashew nuts worth US$1.06 billion, representing an increase in volume of 4.8% but a decrease in va.......

Published Date: May 23, 2023
218
Uttar Pradesh State Industrial Development Authority To Implement INR 40,000 Crore Investm

According to a formal announcement, the Uttar Pradesh State Industrial Development Authority (UPSIDA) is getting ready to implement investment proposals worth 40,000 INR-crore. Land for p.......

Published Date: May 23, 2023
206
Climate Crisis Fuel Thai Rice Prices To Near 4-Month High

Prices for Thai rice remained near a four-month high this week, aided by domestic demand, while traders in Asian hubs expressed concern about the emergence of the El Nino weather pattern .......

Published Date: May 23, 2023
246
Bangladesh Government To Import 12,500 Tonnes Of Refined Sugar

Located in Asia, Bangladesh is having a hard time making ends meet. The Russia-Ukraine war followed by heavy rains and floods have raised several troubles for the Asian nation and this ha.......

Published Date: May 22, 2023
263
Philippine’s Rice Stocks Down By 14% In March

Located in Southeast Asia, the Philippines is one of the top 10 rice importers of the world.  Last year itself, the country imported 3.7 million tonnes of .......

Published Date: May 22, 2023
235
Cambodia Urged To Update Rice Value Chain

Rice is one of the most exported commodity worldwide. From biryanis to kheers, a wide range of cuisines can be made out of it and hence the demand for rice remains strong all year round.4.......

Published Date: May 22, 2023
264
Ukraine Lifts Barriers To Exports Of Some Farm Goods In A Bid To Boost Foreign Inflow

In an effort to increase foreign currency income, the Government of Ukraine announced on 16th May that it has removed restrictions to export agricultural products .......

Published Date: May 20, 2023
248
Global Sugar Prices To Further Spike Due To Reduced Sugar Production In India, Export Curb

The ongoing sugar production cycle, which lasts from October to September every year, has a 6.1 million tonnes export limit set by the Indian government. A second batch of exports for the.......

Published Date: May 20, 2023
215
USDA Forecasts Global Wheat Stocks Down For A 4th Year

The USDA expects 2023–2024 to produce a record wheat crop of 789.8 million metric tons (mmt), an increase of 1.5 mmt or 0.2% from the previous year. Projections For .......

Published Date: May 19, 2023
194
Vietnam’s Rice Export Turnover Increased By 54.5% In The First 4 Months Of 2023

Vietnam is the third largest rice exporter in the world, ranking behind India and Thailand in the global rice trade. Different varieties of Vietnamese rice enjoy str.......

Published Date: May 19, 2023
279
U.S. Corn Export Inspections Turn Higher

Corn, with its numerous industrial applications, is an excellent gluten-free substitute food. It also contains a plethora of essential vitamins, minerals, and antioxidants, all of which a.......

Published Date: May 18, 2023
193
Vietnam’s Export Turnover From Rice Increased Sharply In April 2023

As a matter of fact, Vietnam is one of the leading rice exporters of the world. It ranks after India an.......

Published Date: May 16, 2023
265
Malaysia Sets Ups Cabinet Committee To Tackle Sugar Shortage

The price of any commodity depends upon its supply. If the demand is strong and the supplies are regular, the prices remain stable and in case, supplies fall short even though demand rema.......

Published Date: May 16, 2023
206
Sugar Prices Climb High On 12th Of May, 2023

On the 12th of May, the July NY world sugar #11 (SBN23) closed higher at +0.20 (+0.77%) while the Aug London white sugar #5 (SWQ23) also closed higher at +9.80 (+1.39%). Sugar prices rose.......

Published Date: May 16, 2023
260
Sugar Price Rise In Indian Market As Domestic Output Likely To Be 9% Lower

With sugar production expected to be 9% lower than the previous year, sweetener prices have already begun to rise, rising by Rs1.25/kg in the last month on the retail market. .......

Published Date: May 13, 2023
259
Global Wheat Prices Down, and Rice Prices Remains Unchanged

The World Bank's Food Security Update shows that while rice prices have remained largely unchanged over the past two weeks, the prices of wheat and maize have fallen 11% and 14%, respecti.......

Published Date: May 12, 2023
270
FCI’s Wheat Procurement Crosses 24 MT, Surpassing The Cereal Stock Threshold Necessary F

Located in Asia, India is the second largest rice and wheat producer in the world. It harvests bulk volumes of rice and wheat every year and is even the leading rice exporter.......

Published Date: May 12, 2023
270
Indian Rice Prices Gain As Asian Nations Gear Up To Tackle El Nino

Located in Asia, India is the largest rice exporter in the world. The Asian nation exports rice to over.......

Published Date: May 10, 2023
253
Despite Increased Duty-Free Sugar Imports By Kenya, Retail Sugar Prices Continue To Rise

In three months starting in January, Kenya experienced a sharp increase in sugar imports, rising to 93,000 tonnes from 46,000 in the same period last year. However, this increase was not .......

Published Date: May 10, 2023
251
India Rules Out Speculations Of Lift On Wheat Ban

Located in Asia, India is the second largest wheat producer in the world. Making use of favorable weather conditions, the Asian nation harvests bulk wheat every year.......

Published Date: May 10, 2023
210
Asia Rice: India Prices Fall For Third Week On Weak Demand

India is regarded as the top hub and controls about 40% of the world's rice trade. India’s rice rates fell for a 3rd straight week due to sluggish demand. Meanwhile, Vietnam’s rice ra.......

Published Date: May 08, 2023
233
Global sugar surplus shrinks to 1.1 mln tns on smaller crops

Brazil is the world's largest sugar-producing nation, followed by India and disruptions in their production affect global sugar pricing. Global Sugar Supply .......

Published Date: May 08, 2023
254
India’s Rice Exports Might Slip This Year Owing To Curbs

India is the world's biggest exporter of rice, making up about 40% of the total trade. India’s Rice Exports India's non-basmati rice exports hit.......

Published Date: May 06, 2023
260
Punjab Govt. Promotes Toxic-Free Basmati Production To Enhance Export Potential

Located in Asia, India is the largest rice exporter in the world. Different varieties of Indian rice en.......

Published Date: May 05, 2023
209
Backed By IMD's Forecast, Agriculture Ministry Of India Targets A Bumper Harvest

Located in Asia, India is an agrarian economy. A major section of the country’s population is involved in agriculture and allied activities and the sector, as a whole, contributes 20 pe.......

Published Date: May 05, 2023
209
Madagascar Is Feeling The Inflationary Effects Of The Russia-Ukraine War

Malagasy people remain resilient and are hesitant to speak about the dramatic rise in the price of market goods in Madagascar since the beginning of 2023. However, the country's high cost.......

Published Date: May 04, 2023
330
Edible Oil Refiners In Bangladesh Seek To Increase Prices By 9.62% As Industry No Longer E

On April 30, edible oil refiners in Bangladesh sought to raise their prices by as much as 9.62% because the industry would no longer benefit from a reduced tax rate after its one-year ten.......

Published Date: May 04, 2023
221
Vietnam’s Pepper And Spices Exports Forecasted To Reach 2 Billion USD By 2025

In analyzing a forecast, Ms. Hoang Thi Lien, President of the Vietnam Pepper Association (VPA), noted that the current export revenue of pepper and .......

Published Date: May 03, 2023
244
PSMA Rejects Claims Of Surge In Sugar Prices Due To Exports

Located in South Asia, Pakistan is the ninth-largest sugar-producing nation in the world. Favorable weather conditions and increased acreage help the farmers of the nation harvest .......

Published Date: May 03, 2023
188
High Inflation, Dollar Shortage Forces Egypt To Raise Ration Prices Of Basic Commodities L

Located in the Northeastern corner of Africa, Egypt is having a hard time making ends meet. The foreign currency crunch has skyrocketed the price of basic commodities and this has pushed .......

Published Date: May 03, 2023
210
Egypt Considers Importing Wheat In Rupees, Yuan From India And China

Egypt is one of the largest importers of wheat globally and according to Ali Moselhy, the minister of supply and internal trade, Egypt is considering using the Indian Rupee and the Chines.......

Published Date: May 02, 2023
269
India Prepares To Halt Sugar Exports, Raises Fresh Troubles For Nepal

Located in Asia, India is the largest sugar exporter in the world. It exports bulk sugar to 50+ countries across the globe and favorable weathe.......

Published Date: May 02, 2023
219
Export Prices Of India’s Non-Basmati White Rice Surged By Over $25/ Tonne On Tight Suppl

India is the world’s largest rice exporter and statistics indicate that the country commands 40% of the global rice trade. In comparison to the previous crop .......

Published Date: May 02, 2023
257