Amid a government transition, unregulated market manipulation by business syndicates is driving up prices on key commodities in the country. This adversely affects consumers already burdened by high inflation and hinders the government’s resolve to address the issue.

Discover the potential of agrifood systems and how to mitigate climate impacts in a recent webinar organized by the Sustainable Development Policy Institute. Experts highlight the importance of data, diversification, and education in promoting sustainable agriculture and ensuring food security. Learn more here.

The government’s underutilization of funds, with only 30% of the development budget used in the first half of the fiscal year, raises concerns about economic stability and debt management. The reduction in spending aims to address the fiscal deficit and prioritize essential projects.

Pakistan, a prominent player in the global rice market, offers a wide range of rice products, including high-quality basmati and broken rice. HAS Rice, one of the top rice suppliers, ensures prompt delivery, competitive prices, and a commitment to excellence, making them a trusted name among rice exporters in Pakistan.

The global demand for rice is shifting, prompting exporting nations to reassess their strategies. India’s export restrictions have led to a rice shortage worldwide, benefiting countries like Vietnam, Pakistan, and Myanmar. Collaboration and adaptation will be crucial in maintaining stable prices and ensuring food security. Source: The Hindu Business Line.

The ongoing ban on Indian white rice exports is expected to boost Thai rice prices, with global market prices remaining around $600 per tonne. Thailand’s rice exports exceeded projections last year, reaching 8.8-8.9 million tonnes, and are predicted to reach 7.5 million tonnes this year.

The recent surge of attacks in the Red Sea, backed by Iran, poses a threat to global maritime transport. These disruptions have major implications for Pakistan’s trade and port activities, leading to delays, increased costs, and potential disruptions in the supply chain. Strategic planning and proactive measures are needed to mitigate these challenges.

Rice consumption patterns are shifting, prompting nations to rethink their export strategies. India, facing challenges due to factors like El Nino, has imposed restrictions on rice exports, leading to a surge in demand for rice from countries like Vietnam, Pakistan, and Myanmar. Collaboration and strategic planning are essential for ensuring food security and stable prices in the future.

The ban on Indian white rice exports has boosted optimism for Thai rice prices. With strong demand from various countries, Thai rice prices are expected to remain high at around $600 per tonne, a rate not seen in over a decade. Thailand’s competitive advantage and sufficient supply make it a preferred choice for importers.

Thai rice exporters are hopeful for high prices this year if India continues its white rice export ban. The global market expects prices around $600 per tonne, reflecting strong demand from various countries.