Global Rice News

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Indonesia Predicts Surplus in Rice Supply-Demand Gap for 2024

According to a recent announcement by an official from the Indonesian agriculture ministry, the country’s domestic rice supply-demand gap is expected to narrow down to a surplus of 1.7 million metric tons in the first half of 2024. This is a significant improvement compared to the 3.36 million ton surplus experienced last year.

In 2023, Indonesia faced difficulties due to a drought caused by El Nino, which impacted the planting season and resulted in poor harvests. As a consequence, there was a deficit in rice production during January and February.

However, the situation is set to change in the coming months. The official stated that the March, April, and May period would witness a surplus in rice output. Endro Gunawan, the agriculture ministry official, expressed confidence that the rice supply before the Eid holiday in April’s second week will be sufficient.

To control the escalating domestic rice prices, the Indonesian government has allocated a rice import quota of 3.6 million tons for the year 2024.

Impact on India’s Rice Exports

The anticipated surplus in rice production in Indonesia may have implications for India’s rice exports. As one of the largest rice exporters in the world, India could experience some challenges as Indonesia strives to become more self-sufficient in rice production.

Maintaining a competitive edge in the global rice market will be crucial for India as Indonesia moves towards reducing its rice imports and relying more on domestic production.

Rice Exporters and Suppliers in Pakistan

For those looking to explore rice exports and suppliers in Pakistan, HAS Rice Pakistan offers a range of services. Their website, https://www.hasrice.com, provides comprehensive information on rice exporters, suppliers, and prices.

White broken rice is one of the products that are in demand globally. To learn more about white broken rice, visit https://www.brokenrice.com.

Pakistan Rice Suppliers: A Reliable Source

If you are in search of trustworthy rice suppliers in Pakistan, HAS Rice Pakistan is a reputable option. With their wide network and expertise, they have become one of the leading rice suppliers in the country. You can find more information about their services on their website, https://www.hasrice.com.

Boosting the Rice Business in Pakistan

Rice is a significant agricultural commodity in Pakistan, and the country is home to numerous rice mills. To enhance the rice business in Pakistan, initiatives are required to promote the industry and facilitate export opportunities. HAS Rice Pakistan plays an important role in connecting rice suppliers and exporters. Visit their website, https://www.hasrice.com, to explore the potential of the rice business in Pakistan.

Prices and Export Opportunities

For information on Pakistani rice prices and export possibilities, visit https://www.hasrice.com/pakistan-rice-prices/. The website offers detailed information about prices and export opportunities for various rice varieties, including IRRI 6 rice and Basmati rice.

Supporting Local Rice Exporters in Pakistan

HAS Rice Pakistan is committed to supporting rice exporters in Pakistan. As one of the leading rice export companies in the country, they offer a range of services to facilitate exports. Visit https://www.hasrice.com/pakistan-rice-exporters/ to learn more about their initiatives.

Rice Suppliers in Karachi and Basmati Rice

For those interested in rice suppliers in Karachi and Basmati rice exports, HAS Rice Pakistan is a recommended resource. They have a dedicated page for 1121 Basmati rice exporters, which can be accessed at https://www.hasrice.com/pakistan-rice-suppliers/1121-basmati-rice-exporters/. Additionally, for rice suppliers in Karachi, visit https://www.hasrice.com/pakistan-rice-export-company/.

Exporting Broken Rice

If you are interested in exporting broken rice, HAS Rice Pakistan can assist you in finding the right suppliers. For more information, visit https://www.hasrice.com/pakistan-rice-suppliers/irri6-rice-exporters/white-rice-100pct-broken/.

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Bold Source: [BRecorder](https://www.brecorder.com)