Vietnam’s rice exports increased by 4% in January, generating $362 million in revenue. This growth demonstrates the country’s strong performance in the global rice market. Meanwhile, Pakistan’s rice exporters continue to benefit from the surge in demand, offering a wide range of high-quality rice varieties at competitive prices.

Prices of all types of rice in India have fallen up to 10% due to increased supply and government measures. Non-basmati rice prices have dropped by 7% and basmati rice prices by 10%. This decrease in prices is beneficial for Indian households and the government.

The Ambassador of Azerbaijan meets with business community in Lahore, expressing their commitment to strengthen trade ties with Pakistan. They aim to increase flight connectivity and explore new trade opportunities, following the successful model of Azerbaijan and Turkey. Pakistani rice exporters are encouraged to take advantage of the exemption of customs duty. LCCI President emphasizes Azerbaijan’s strategic importance in regional trade.

The Million Acres of Green Pakistan Smart Farm Project, in collaboration with Tianjin Dayu Irrigation Group, has delivered its first shipment of intelligent water and fertilizer irrigation equipment, covering 2,000 hectares of farmland. This project aims to use advanced technology and modern irrigation systems to enhance agricultural productivity and meet the food demands of Pakistan’s growing population.

Ambassador Khazar Farhadov of Azerbaijan reaffirmed Azerbaijan’s commitment to strengthening trade relations with Pakistan during his speech at the Lahore Chamber of Commerce & Industry (LCCI), emphasizing the important role of the private sector in fostering economic ties between the two nations.

Rice supplies have vanished from popular franchise outlets in Indonesia, causing scarcity and rising prices. Reduced supply from suppliers and limited rice stocks in warehouses have contributed to the ongoing shortage, particularly affecting premium varieties. Despite sufficient rice stock in the country, distribution challenges and delayed harvest periods have caused an imbalance between supply and demand. Efforts, such as the Cheap Food Movement, are being made to address the scarcity and stabilize prices. President Jokowi visited the Cipinang Rice Main Market to ensure an abundant and adequate rice supply.

The rise in food exports in Pakistan has led to concerns about inflation and affordability for local consumers. The rice industry is particularly affected, with higher prices impacting domestic consumers. Collaboration among rice suppliers is needed to ensure a delicate balance between meeting international demand and providing affordable rice options. Source: The Express Tribune.

Pakistan’s rice exports have shown impressive growth, with a 95.26% increase in the first seven months of the current financial year compared to the same period last year. Basmati rice exports have also seen a notable rise of 35.59%. These figures reflect the strong performance of the rice industry and overall trade sector in Pakistan.

Despite fluctuations in the currency market, Pakistan’s rice industry remains robust, with reliable and competitive rice exporters like “Has Rice” and “Pakistan Rice” offering a wide range of high-quality rice varieties for both domestic and international trade.

Indian farmers protest for higher prices, prompting the government to propose guaranteed support prices for pulses, corn, and cotton. However, critics argue that the government’s proposal falls short of fully meeting the farmers’ demands for legal guarantees, raising concerns about its seriousness. The proposal could potentially encourage crop diversification and address water depletion issues in the country. The outcome of negotiations will shape the future of agriculture in India.