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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 mt , respectively. The offtake of rice in November 2023 was 3.126 mt against 7.083 mt in year-ago month.

To review rice supply situation in the country, food minister Piyush Goyal will hold a meeting of stakeholders – processors, exporters and traders — on January 15.

The Government's policy intervention in 2023 will continue to impact the market

Jakarta (ANTARA) - Rice production at the start of the year and during the main harvest season in March-April 2024 would be safe, as the planting season had been expedited since December 2023, Agriculture Minister Amran Sulaiman stated.

Jakarta - Main Director of Perum Bulog Bayu Krisnamurthi said he had received guaranteed supplies for rice imports from various countries, starting from Thailand, Vietnam, Pakistan, Myanmar, India and China.

Prices of parboiled rice exported from India climbed to over two-month highs this week, following higher rates in other hubs, as traders in Vietnam and Thailand stare at improved demand in the face of limited supplies.

LOS ANGELES (Reuters) -Ocean freight rates are surging after a missile attack and attempted hijacking of a Maersk ship this weekend prompted carriers to suspend plans to restart transits through the Red Sea, a key artery to the vital Suez Canal trade route.

January's rice harvest is expected to produce 930,000 tons, with February's estimated to produce 1.32 million tons, against monthly consumption of 2.54 million tons