Page 3 - Price Export News Today

Rice export rates in Vietnam and Thailand have declined while Indias restrictions on parboiled rice exports have halted activity. Indias 5% broken rice remained at a static rate of $525-$535 per metric ton, near a record high. Vietnams 5% broken rice was offered at $610-$620 per metric ton, a decrease from the previous week. Thailands 5% broken rice prices dropped to $605 per metric ton due to a depreciating baht. Domestic rice prices in Bangladesh remained high despite good yield and record res...

India’s basmati rice exports of nearly $5 billion are testimony to what good public sector breeding and collaboration with industry can achieve.

The government also allowed exports of non-basmati rice to Bhutan (79,000 tonnes), Mauritius (14,000 tonnes) and Singapore (50,000 tonnes) through the National Cooperative Exports Ltd (NCEL). On September 9 last year, the government banned the export of broken rice to check rising retail prices and boost domestic supply.

Food prices: The United Nations Food and Agriculture Organization (FAO) reported that its world price index for food fell to a two-year low in August. The decline was driven by decreases in most food commodities, although rice and sugar prices increased. The overall index was 24% lower than its all-time high in March 2022.

Rest of World News: Singapore has expressed gratitude to India for exempting the country from its rice ban. The Singapore Embassy in India tweeted its appreciation, stati

The worlds top exporter agreed to sell 79,000 tons of non-basmati white rice to Bhutan, 50,000 tons to Singapore and 14,000 tons to Mauritius, according to a commerce ministry notification late Wednesday. India said last month it would allow for exports of the variety if asked to meet the security needs of other countries.

The central government on 20 July amended the rice export norms putting the non-basmati white rice in the

India on Tuesday said it has decided to allow export of rice to Singapore in view of the special relationship between the two countries. Last month, India announced...

India has allocated export quotas of non-basmati white rice to Bhutan, Mauritius, and Singapore. Bhutan will be allowed to export 79,000 metric tonnes, while Singapore and Mauritius will receive quotas of 50,000 tonnes and 14,000 tonnes, respectively.

The DGFT has notified export of 79,000 tonnes of non-basmati white rice to Bhutan, 14,000 tonnes to Mauritius and 50,000 tonnes to Singapore.