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According to the commerce ministry, India’s basmati rice exports during 2024-25 (April-July) was 1.91 million tonne (MT), out of which shipment to Iran had a share of around 19%.

Rice prices have shown signs of uptrend, after India removed restrictions on exports and opened new business avenue for exporters. The removal of trade barrier has helped Indian rice exporters regain competitiveness in the overseas markets.

In addition to providing affordable rice, the company has ensured convenient distribution with pickup points in Lagos, Abuja and Port Harcourt.

MANILA – The administration's Rice-for-All program, or the sale of cheaper rice for the general public, is the "most approved" government initiative, according to the latest survey results from political consultancy firm Publicus Asia.

The global price of rice has dropped to its lowest level in 16 years, reaching figures last seen in 2008, according to data from the Thai Rice Exporters Association.

MANILA, Philippines —  The Philippines can turn to India to source more affordable supplies after the South Asian country lifted its export ban on non-Basmati white rice, experts said.

The 2023-24 agricultural marketing year (October-September) ended with the government procuring 52.544 million tonnes (mt) of rice – 46.303 mt from the kharif crop and 6.241 mt from the rabi season. 

MANILA, Philippines — Government officials and industry stakeholders are hopeful prices of rice in the world market would begin to soften after India lifted its export ban on non-Basmati rice, leading to more favorable rice import prices for the Philippines.

The export ban had come amid a marginal dip in rice production and the looming threat of an erratic monsoon last year. What is the situation this year? What is India's status as a rice exporter? We explain

Non-basmati rice prices are expected to drop around 20 per cent in the UAE after India removed the export ban on the commodity.

RICE IMPORTERS are expected to continue relying on Vietnam for their supply even after India eased it export controls on white rice, analysts said.

THE Federation of Free Farmers (FFF) claims that importers pocketed over P5 billion in extra profits from the rice tariff cut.

President Museveni has said "it would be a huge mistake by his government to ban importation of processed rice from Tanzania."

Japan has been contending with a rice shortage in recent months due to a mix of bad weather and increase in tourists, undergirded by Japan's restrictive rice policies.

ISLAMABAD: The Standing Committee on Commerce has asked the Commerce Ministry to adopt successful regional trade models used by other countries while addressing the challenge of over-reliance on imports from China.

THE PHILIPPINES’  Department of Agriculture (DA) on Tuesday said it’s investigating one or two companies that were likely behind the overstaying of more than 800 container vans carrying rice imports at a Manila port.

The Cambodia Rice Federation (CRF) and Otis McAllister, Inc., an American corporation have signed a memorandum of understanding (MoU) on buying Cambodian premium rice for the markets in the US.