Colombo, March 13 (Daily Mirror) - The Consumer Affairs Authority (CAA) announced today that no changes have been made to the maximum retail prices of raw rice.
The country’s paddy rice output will recover this year on the back of improved weather conditions and the extended rice competitiveness program, according to a research firm.
The gains recorded in the Nigerian rice industry are fast fading as high production costs squeeze local millers, leaving room for foreign varieties to flood the markets across the nation.
MANILA, Philippines – Local rice production is projected to decrease this current crop year due to unfavorable weather conditions, which could translate to higher retail prices, according to research firm BMI.
The government on Monday began auctioning off 150,000 metric tons of its emergency rice stockpile to distributors nationwide in an unprecedented move to lower the price of rice
Prime Minister Pham Minh Chinh has signed a dispatch featuring the management to ensure a rice supply-demand balance in light of developments in the global and domestic markets.
Commerce Minister Pichai Naripthaphan clarified his remarks on encouraging farmers to grow bananas, saying the government has no policy to replace rice cultivation with other crops.
The broad agriculture sector coalition Sinag has urged the government to reinstate the tariffs on imported rice as lower duties failed to cut the price of the food staple.
India’s rice export prices plunged to hit their lowest levels since June 2023. This decline was attributed to muted demand and abundant supplies while rice from Vietnam remained in high demand.
© Copyright 2025 The SSResource Media.
All rights reserved.