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India Rice Rates

India's rice stocks reaches record high, boosting export potential

In the middle of overflowing grain bins, Indian farmers have gathered a record rice crop of 120 million tons from this year's summer season, which accounts for nearly 85 per cent of total rice output

India's rice stocks reaches record high, boosting export potential
Updated On : 13 Dec 2024 | 6:55 PM IST

Non-basmati rice bore the brunt of export restrictions imposed in 2023

Ministers to review rice export restrictions amid rising central pool stocks and growing ethanol demand as non-basmati traders hit hardest since curbs began in August 2023

Non-basmati rice bore the brunt of export restrictions imposed in 2023
Updated On : 17 Jul 2024 | 11:11 PM IST

Rice prices at three-month low on shrinking demand, ample supplies

Vietnam's markets will be closed from Monday through Wednesday for national holidays

Rice prices at three-month low on shrinking demand, ample supplies
Updated On : 26 Apr 2024 | 9:57 AM IST

Malaysia to request additional 500,000 MT of white rice from India

According to state-run rice importer Bernas, Malaysia's annual rice consumption is 2.5 million metric tons, with an average imported supply of 750,000 tons

Malaysia to request additional 500,000 MT of white rice from India
Updated On : 28 Mar 2024 | 10:46 AM IST

Govt to sell Bharat Rice at Rs 29 per kg in retail market from next week

The Centre on Friday said it will sell 'Bharat Rice' in the retail market at Rs 29 per kg from next week to give relief to the common man and has also directed traders to disclose rice/paddy stock, as part of its efforts to control prices that have risen by around 15 per cent in the last one year. In a press conference, Union Food Secretary Sanjeev Chopra exuded confidence that these two measures along with the various restrictions of exports will help in cooling down the prices. Seeking to dispel market rumours, he categorically said the government has no plans to lift restrictions on rice exports any time soon. The restrictions will continue until prices fall to a reasonable level. "The first priority for the government as of now is to ensure that rice prices are brought down," Chopra said, while asserting that prices of all essential food items are under control except rice. Prices of rice have risen by 14.5 per cent in retail and 15.5 per cent in the wholesale markets in the la

Govt to sell Bharat Rice at Rs 29 per kg in retail market from next week
Updated On : 02 Feb 2024 | 5:51 PM IST

Parboiled rice rates spring to record highs on low supplies, firm demand

Traders noted that domestic supplies are accumulating, and that harvest has begun partially in the Mekong Delta, which is expected to peak in March

Parboiled rice rates spring to record highs on low supplies, firm demand
Updated On : 26 Jan 2024 | 7:45 AM IST

Indian rice exporter KRBL posts 28% profit drop in Q2 on weak demand

Consolidated net profit at the 'India Gate' basmati rice maker fell to 1.53 billion rupees ($18.37 million) for the quarter, from 2.13 billion rupees a year ago.

Indian rice exporter KRBL posts 28% profit drop in Q2 on weak demand
Updated On : 09 Nov 2023 | 4:48 PM IST

Govt may extend curbs on rice exports as output expected to drop: Report

Despite export restrictions, local rice prices remain almost 15% higher than a year ago

Govt may extend curbs on rice exports as output expected to drop: Report
Updated On : 01 Nov 2023 | 3:48 PM IST

Summer sown rice output expected at more than 100 MT in 2023-24: Report

The ministry said it expects output of summer-sown pulses for the period at 7.1 million tonnes, lower than the previous year due to climatic conditions

Summer sown rice output expected at more than 100 MT in 2023-24: Report
Updated On : 27 Oct 2023 | 11:39 PM IST

India's rice restrictions could fuel food price inflation: IMF economist

India's move to restrict exports of certain types of rice could help exacerbate food price inflation and should be reversed, IMF chief economist Pierre-Olivier Gourinchas said on Tuesday

India's rice restrictions could fuel food price inflation: IMF economist
Updated On : 25 Jul 2023 | 10:11 PM IST

NRRI submits proposals to CVRC for identification of 10 new rice varieties

The National Rice Research Institute (NRRI) has recently submitted proposals to the Central Varietal Release Committee (CVRC) for the identification of 10 new rice varieties, an official said. The institute's director A K Nayak said that seven rice varieties sent from NRRI were recognised by the CVRC in the last one year. The institute will celebrate its 78th foundation day on Sunday, during which it will showcase its achievements so far. This year's foundation day lecture has been named after the first director of the institute, K Ramiah, who was instrumental in identifying the site in Cuttack to establish the rice research centre in 1946. Nayak said Ramiah's son R Pancharatnam has proposed to donate Rs 50 lakh to the institute for the endowment lecture. Former NRRI director and Department of Agricultural Research and Education's ex-secretary Trilochan Mohapatra, who is presently officiating as chairperson of the Protection of Plant Varieties and Farmers' Rights Authority, will .

NRRI submits proposals to CVRC for identification of 10 new rice varieties
Updated On : 23 Apr 2023 | 11:39 AM IST

India's broken rice exports had gained over 90% in FY22, shows data

China is the biggest recipient of India's broken rice exports

India's broken rice exports had gained over 90% in FY22, shows data
Updated On : 09 Sep 2022 | 10:10 PM IST

India rice rates at 4-1/2-year low on weak demand, high shipping costs

Top exporter India's 5% broken parboiled variety was quoted at $352 to $356 per tonne this week, down from last week's $354 to $358

India rice rates at 4-1/2-year low on weak demand, high shipping costs
Updated On : 20 Aug 2021 | 9:56 PM IST

India rice rates near three-year low, Bangladesh considers cutting duty

Rates for India's 5% broken parboiled variety were unchanged around $358-$362 per tonne, the lowest since January 2017

India rice rates near three-year low, Bangladesh considers cutting duty
Updated On : 28 Nov 2019 | 6:23 PM IST

India rice rates up on steady demand; stronger baht props up Thai rates

Supplies are falling, forcing exporters to quote higher prices, said another exporter also based in Kakinada

India rice rates up on steady demand; stronger baht props up Thai rates
Updated On : 08 Mar 2018 | 7:55 PM IST