Category Archives: Asia Rice News

Sri Lanka rice market MRPs come into force

Sri Lanka’s consumer protection agency, Consumer Affairs Authority (CAA) today issued Maximum Retail Price (MRP) order for three varieties of rice to arrest escalating prices in the domestic rice market while the minister in-charge issued a stern warning to errant traders across the country. The MRP order is effective February 8th – the same date… Read More »

Malaysia does not import fake rice as alleged

The Health Ministry said today Malaysia does not import fake rice as alleged in a recent viral social media report. Director-General of Health Datuk Dr Noor Hisham Abdullah said this was verified by Padiberas Nasional Berhad (Bernas). Furthermore, monitoring by the ministry found that three brands of rice said to have been produced from plastic… Read More »

Iranian Government Amends Rice Import Tariffs

The government has amended tariffs for importing rice by reducing it from the previous 40% to 26%, Trade Promotion Organization of Iran announced. It was announced on January 21 that the rate would stand at 5% following a series of tariff cuts on a list of agro-food products. Based on the new regulation, tariffs on… Read More »

All state rice stocks to be disposed of this year

Prime Minister Prayut Chan-o-cha wants all existing state rice stocks to be disposed of within this year. Wiboonlasana Ruamraksa, permanent secretary for commerce, said Gen Prayut, who chaired the national rice policy committee’s meeting yesterday, has ordered officials handling state rice sales to clear the entire 8 million tonnes of rice in the stockpiles within… Read More »

Asia Rice prices fall in India on ample supply, weaker rupee; Thailand, Vietnam dull

Rice prices in India fell due to ample supply and recent slide in the rupee, while the Thai and Vietnamese markets remained subdued in the first week of the new year, traders said on Wednesday. In India, the world’s biggest rice exporter, 5-percent broken parboiled rice dropped $2 this week to $341 to $345 per… Read More »

Asia rice-limited supply raises Vietnam prices; Thai, India down on thin demand

Rice export prices in India and Thailand dropped this week on thin demand while prices edged up in Vietnam on Philippines’ purchase plan amid a slowing harvest, traders said on Wednesday. Vietnam’s 5-percent broken rice prices edged up to $338-$340 a tonne, FOB basis, from $335-$340 a week ago, traders said. “Prices recovered a little… Read More »