India’s Department of Food and Public is urging rice retailers to disclose their stock holdings to regulate prices. This move aims to curb rising rice prices, prevent hoarding, and ensure sufficient supply in the market. The government has implemented various measures, including subsidized rice supply and export restrictions, to stabilize prices and maintain food security.

The Philippine agriculture sector showed a growth of 1.2 percent in 2023, driven by increased poultry and livestock production, a rise in fruit harvest, and a record-breaking rice output, according to the Department of Agriculture.

Indonesia’s plan to import 3 million tonnes of rice makes it a crucial customer for Vietnam’s rice industry. Vietnamese companies secured the majority of imports in a recent tender, indicating a positive outlook for the rice harvest after the Lunar New Year.

Rice exporters in Asia experience surging prices due to strong demand and limited supplies. Parboiled rice exports from India hit record highs, driven by scarcity and increased demand. Thailand’s rates see a slight decline, while Vietnam’s exports receive a boost from a rice trade agreement with the Philippines.

Pakistan’s rice exports are set to reach record highs as India’s restrictions on shipments drive buyers to Islamabad. Rice exporters predict a 60% increase in basmati rice exports this year, helping alleviate tight supplies and boosting foreign exchange reserves. With rising prices and improved production, Pakistan’s rice exports could generate over $3 billion in value.

Indonesia’s plan to import 3 million tonnes of rice in 2024 makes them a major player in the global rice market. Vietnam emerged as the dominant supplier in a recent tender held by the Indonesian National Logistics Agency, solidifying its position as a leading rice exporter.

India’s rice retailers, wholesalers, and processors will be required to disclose their stock holdings in a bid to tackle rising prices and promote market transparency. Additional measures, such as a minimum floor price on basmati rice exports and an export duty on non-basmati rice, aim to stabilize the market and ensure food security. For further information on rice exporters, suppliers, and prices, visit hasrice.com and pakistanrice.com.

Pakistan government halts rice exports to ensure domestic availability. Rice prices to remain stable, wheat reserves sufficient. Has Rice offers a wide range of rice varieties, basmati and irri 6. Competitive Pakistani rice prices, check online. Reliable rice exporters in Pakistan, Has Rice for quality products and timely delivery.

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Parboiled rice export prices from India have reached record highs due to strong demand and tight supplies, while Thai rates have slightly decreased as new supplies arrive. India’s prices still maintain a significant discount compared to Pakistan and Thailand, sustaining demand.