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MANILA, Philippines — The country’s rice imports through September rose by more than a fifth on an annual basis to almost 3.3 million metric tons (MMT) as purchases abroad picked up in the latter part of the third quarter.

THE US Department of Agriculture (USDA) has raised its Philippine rice import forecast to 4.9 million metric tons (MMT) for 2025.

Supply expected to be good at end of harvest season, says Thai trader, as floods in Pakistan threaten production

CHANDIGARH: The ongoing conflict between Israel and Iran has put the basmati rice industry in India in jeopardy. India is the largest exporter of basmati rice in the world with 40 per cent of the country’s exports coming from Punjab.

The Telangana Civil Supplies Corporation is currently gearing up with the necessary infrastructure to commence full-fledged procurement from the third week of October

MANILA – The Philippine Center for Postharvest Development and Mechanization (PHilMech) on Tuesday said the proposed PHP9-billion annual allocation for the mechanization program under the Rice Competitiveness Enhancement Fund (RCEF) will help boost local rice yield.

HYDERABAD: The stand-off between Telangana and the central govt over procurement of parboiled rice seems to have ended at least for the time being.

Vietnam exported over 7 million tonnes of rice worth 4.37 billion USD in the first three quarters of 2024, up 9.2% in volume and 23.5% in value compared to the same period last year, the Ministry of Agriculture and Rural Development (MARD) has reported.

Monrovia – The Ministry of Commerce and Industry (MOCI) says the Government of India has announced a reduction in export duty on parboiled non-basmati rice, effective September 27, 2024. The export duty has been reduced from 20 percent to 10 percent.

India is the second-largest producer and largest exporter of rice in the world. It exports premium basmati rice to high-income markets and relatively cheaper varieties to low-income food-importing countries.

In the wake of soaring rice prices, Japanese households are feeling the pinch, with many struggling to afford this essential staple as reported by The Japan News.

The inflation rate for the country’s food staple rice, which had been trailing at double-digits since late last year, dropped to a single-digit in September still due to combined base effects and impact of reduced tariff rates for the imported grain, the Philippine Statistics Authority (PSA) reported Friday.

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.