In January, the Philippines received 56,090 metric tons of imported rice, with Vietnam leading the way. However, experts predict a decrease in rice imports in 2024 due to a projected decrease in demand. El Niño and high global rice prices also pose challenges for maintaining an adequate and affordable supply. Source: Philstar.

Record-high prices for parboiled rice exports from India due to limited supplies, while prices ease in Vietnam and Thailand. India’s 5% broken parboiled rice now quoted at $533-$542 per ton, Vietnam’s 5% broken rice offered at $630 per ton, and Thailand’s 5% broken rice prices slightly decreased to $663-$665 per ton.

Thailand’s exports continue to grow for the fifth consecutive month, but at a slower rate in December 2023. The positive momentum in consumer confidence and expectations, along with growth in agro-industrial and industrial product shipments, has contributed to this steady increase. However, geopolitical tensions and supply chain vulnerabilities remain concerns for the future of Thailand’s export market.

The recent increase in rice prices by the Utility Stores Corporation in Pakistan has raised concerns about affordability and accessibility of this staple food item. Households across the nation are reassessing their budgets, while consumer rights advocates and social activists express their apprehensions about the decision.

Thailand’s exports continue to flourish, with December seeing a 4.7% increase compared to last year. While slightly below expectations, this marks the fifth consecutive month of growth. Notably, rice exports have seen a 13.7% rise throughout the year, further solidifying Thailand’s position as a top global rice exporter.

Thailand’s December exports rise 4.7% YoY, slightly below forecasted 6.0% increase. Rice export volumes also increase, highlighting strength of Thailand’s rice industry.

Thailand’s exports continue to grow for the fifth month in a row, but at a slower pace than expected, rising only by 4.7% compared to the previous year. Concerns over global supply chain issues, geopolitical problems, and China’s economic slowdown pose potential challenges for future exports.

Thailand’s rice exports continue to rise with a fifth consecutive month of growth, surpassing expectations. In December, exports increased by 4.7% YoY while imports declined by 3.1%, resulting in a trade surplus of $0.97 billion. The commerce ministry sets a target for exports to grow by 1.99% in the coming year. Source: BRecorder.com.

Record highs for parboiled rice exported from India due to limited supplies and steady demand, while prices decrease in Vietnam and Thailand. India’s 5% broken parboiled rice now quoted at a record $533-$542 per ton. Possible restrictions on exports predicted. Elevated rice prices and action against hoarders in Bangladesh.

The Sindh Police has allocated a budget of over 625.4 million for the upcoming general elections in Sindh. They have recommended the deployment of 1,22,000 personnel, but currently, they only have 1,05,000 policemen available. The police department has also outlined other budgetary requirements including funding for food, additional personnel, vehicles, machinery repair, and stationery.