Tag: rice

World rice price index jumps to near 12-year high in July, says FAO

The July score was almost 20% higher than the last year’s 108.4 points and the highest since September 2011, it said. (Photo: Bloomberg) MUMBAI (Reuters) – The United Nations food agency’s rice price index rose 2.8% in July from a month ago to their highest level in nearly 12 years as prices in key… Continue reading World rice price index jumps to near 12-year high in July, says FAO

Rice supply faces new threat as Thailand urges crop curbs to save water

By Anuchit Nguyen and Mai Ngoc Chau Thailand has urged farmers to reduce their rice planting to save water following poor rainfall, a move that poses a fresh threat to global supply after India banned some shipments of the grain.   Farmers in the key central region have already planted most of… Continue reading Rice supply faces new threat as Thailand urges crop curbs to save water

India should exclude premium rice variety from export ban: Trade body

The world’s biggest exporter of rice surprised buyers last month by imposing a ban on exports of non-basmati white rice after retail rice prices climbed 3% in a month after late but heavy monsoon rains caused significant damage to crops.| Photo: Bloomberg MUMBAI (Reuters) – India should allow exports of 1 million metric tons… Continue reading India should exclude premium rice variety from export ban: Trade body

SEA asks govt to reconsider decision to ban export of de-oiled rice bran

The government should reconsider its decision on banning the export of de-oiled rice bran as the move is likely to have minimal impact on the prices of cattle feed and milk, industry body SEA said on Tuesday.   On July 28, the Director General of Foreign Trade (DGFT) issued a notification prohibiting the… Continue reading SEA asks govt to reconsider decision to ban export of de-oiled rice bran