Category Archives: Thailand Rice

Pakistan’s non-competitive rice loses international market

Apart from falling textile exports textile, rice exports are also expected to record a reduction of around 30 percent this year as the non-competitive product loses its international market. Producing comparatively competitive rice, India is fast capturing Pakistan’s traditional market for rice in Arab countries. According to rice exporters, the cheaper supply from India has… Read More »

Thailand Seals 1st Iran Rice Deal in 10 Yrs.

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

Reports show Nigeria is not second largest producer of rice

peaking at a special interactive session with the youths organised by Citizens Support for Good Governance in Nigeria (SGGN) in Abuja, Nigeria’s capital city recently, Shehu further called on Nigerians to be patient with the government of President Buhari as the administration was doing more to shore up the economy. “But as I speak to… 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 »

Asia Rice-Thai prices up on China deal; slow in India, Vietnam

Rice prices in Thailand advanced this week following a deal with the Chinese government, while markets slowed in India and Vietnam, traders said on Thursday. In Thailand, the world’s second biggest rice exporter, benchmark 5-percent broken rice RI-THBKN5-P1 edged up to $357-$360 a tonne, free-on-board (FOB) Bangkok, from $355-$360 last week. “Prices went up on… Read More »

NFA urged to extend arrival period for rice imports

Farmers’ cooperatives and private companies are asking the National Food Authority (NFA) for a one-month extension of the arrival period for rice imported under the so-called minimum access volume (MAV). According to NFA Spokesman Marietta J. Ablaza, farmers’ cooperatives and firms need more time to bring in rice imported under the MAV scheme of the… Read More »

Thai rice worries Vietnamese exporters

Nguyen Van Don, director of Tien Giang-based Viet Hung Co Ltd, said rice exports were positive last month, with many contracts signed. But starting early last week, trading tended to slow, he said, adding that his company has not had any new export contracts. He attributed this to the higher prices of Vietnamese rice compared… Read More »