Mexico grants Thailand rice quota

Thailand is expected to export 10,000 tonnes of long-grain white rice to Mexico soon after receiving a free import tariff quota from the Mexican government, says Commerce Minister Apiradi Tantraporn. Mrs Apiradi said Mexico recently allowed zero tariff for 150,000 tonnes of imported long-grain white rice from March 2 to Dec 31 this year, as… Read More »

Mexico offers zero tariff for rice import

Thailand is expected to export 10,000 tonnes of long-grain white rice to Mexico soon after receiving a free import tariff quota from the Mexican government, says Commerce Minister Apiradi Tantraporn. Mrs Apiradi said Mexico recently allowed zero tariff for 150,000 tonnes of imported long-grain white rice from March 2 to Dec 31 this year, as… Read More »

$27.3 bln of export revenue for Vietnam in two months

Vietnam’s total export earnings hit $13 billion in February, raising the total in the first two months of this year to $27.3 billion, up 15.4 percent annually, said the Ministry of Industry and Trade (MoIT). Of the two-month figure, 19.7 billion USD was contributed by foreign investment sector, including crude oil, marking a 16.8 percent… Read More »

Rice growers awash in import problems

Charley Mathews Jr. says rice farmers try to do everything they can to improve efficiencies, lower costs and increase production without sacrificing quality. Charley Mathews Jr. grew up working in his family’s rice fields. “Like many farm kids, I started to drive a tractor when I was 12, irrigated rice in the summertime, and always… Read More »

Checks for rice exporters

More than 40 rice millers have applied for quality checks to allow for export to China but most have not yet reached a high enough standard, the Agriculture Ministry said. Applications were received in a second call for expressions of interest after 28 millers gained certification in the first round. Hean Vanhan, director-general of the… Read More »

Rice import goes up in two weeks

Rice import has been increasing for last two weeks amid its persisting higher price in the domestic market and decline in prices in neighbouring India, said sector insiders. Even after paying 25 per cent customs duty, private importers are making profits by importing two specific rice varieties from India, they added. The food ministry data… Read More »

China set to cut into India, Vietnam rice exports in 2017 – USDA

Falling demand and overseas competition are expected to bite into Vietnam’s rice exports. India and Vietnam, the world’s leading rice exporters, may see overseas sales fall below previously expected levels due to slowing demand and rising competition from China, the U.S. Department of Agriculture (USDA) said in a recent report. India’s rice exports year could… Read More »

Chinese poised to agree to new rice deal

The Ministry of Commerce says a new agreement is under way to export 100,000 tonnes of rice to China by sea. “It’s not the ministry itself that will export. The Myanmar Agribusiness Public Corporation [MAPCO] was previously offered the quota by China to export 100,000 tonnes of rice. There’s now a deal underway for another… Read More »

Asia Rice-Rice prices advance in India, Vietnam while Thai prices drop on weaker baht

Rice prices in India and Vietnam advanced while Thai prices dropped due to a weaker baht, traders said on Thursday. In India, the world’s biggest rice exporter, 5-percent broken parboiled rice prices rose to $375-$380 per tonne from $373-$378 last week, as demand improved from African buyers. “In last few days African buyers have become… Read More »