Category Archives: Asia Rice News

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 »

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 »

Philippines, Cambodia boost cooperation on rice research, production

The Philippines and Cambodia have agreed to boost their cooperation on rice research and production following the visit to the Department of Agriculture last February 20 by officials of Cambodia’s Ministry of Agriculture, Forestry and Fisheries. Accompanied by officials of the Los Baños-based International Rice Research Institute (IRRI), Cambodian Agriculture Secretary Dr. Ty Sokhun informed… Read More »

Thailand seals Iran rice deal

Thailand has secured a deal to sell rice to Iran for the first time in 10 years, with delivery of 50,000-100,000 tonnes of white rice due over the next 1-2 months. Sombat Chalermwutinan, president of Asia Golden Rice Co, said the company has already reached an agreement to sell rice to the Iranian government after… Read More »

Country has sufficient rice stocks

Minister of Industry and Commerce Rishad Bathiudeen today reiterating that there was no shortage of rice in the country said that a rice volume of 400,000 metric tons (MT) is available in the retail market at present. Addressing media today (20th Feb.) at the Department of Government Information, the Minister said that the recently reported… Read More »

Sri Lanka to set higher controlled prices for domestic rice

Sri Lanka’s will mandate separate prices for domestic and imported rice following a decision by President Maithripala Sirisena, Finance Minister Ravi Karunanayake told reporters in the latest twist in the island’s price control saga. Sri Lanka’s Consumer Affairs Authority, mandated prices of Rs80 for a kilogram of Samba rice, Rs72 for Nadu (a parboiled rice)… Read More »

President meets rice mill owners and importers

President Maithripala Sirisena emphasized that there should not be room for shortage of rice in the market as well as, an appropriate mechanism should be implemented promptly to provide rice to the public at subsidiary rates. He made these remarks during a meeting with the rice mill owners and the rice importers, held at the… Read More »

Vietnam vows to develop national rice brand

Vietnam is a big rice exporter, but the world only knows Its white rice products with different broken grain proportions. Vietnam’s rice exports do not bear a Vietnam brand, but they are put in bags with import countries’ labels. In the domestic market, Vietnam’s rice is less favored than imports from Thailand, Cambodia, Taiwan and… Read More »