India will maintain export bans on rice, wheat, onion, and sugar to stabilize domestic prices and ensure affordability. The government is exploring alternative routes due to the crisis in the Red Sea. The country anticipates a bumper winter crop, eliminating the need for wheat imports. Food prices have stabilized, and measures are in place to support farmers affected by the bans.

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Prices of rice in major Asian countries have remained steady due to declining supplies. Demand is moderate, but prices are unable to be lowered in India due to a strong rupee. Vietnam expects strong global demand and Thailand’s prices are stable due to consistent Southeast Asian demand and supply levels awaiting new crops.

Prices of rice remain steady in major Asian hubs due to declining supplies. India’s strengthening rupee prevents exporters from lowering prices. Vietnam’s rice prices remain unchanged, with global demand expected to encourage farmers to expand production. Thailand receives consistent demand from Southeast Asian markets.

Pakistan’s rice exporters are facing hurdles due to the pandemic, as supply chain disruption and reduced demand affect shipments to Iran and Afghanistan. To support the industry, the Pakistani government is providing financial aid and incentives, while exploring new markets and promoting premium varieties like Basmati rice. Despite challenges, exporters remain hopeful and determined to regain their position in the global market.

The extended onion export restrictions by India have caused prices to skyrocket in Bangladesh, leading to hoarding by local traders. Alternative sources for onion imports and resolving the ongoing LC crisis are crucial to stabilize prices.

The government of India has stated that key agricultural commodities like sugar, wheat, rice, and onions will remain under export restrictions to control rising prices and ensure domestic availability. Measures will be taken to address the issue of elevated rice prices while wheat production is expected to be record-breaking, potentially leading to a collapse in prices.

Indian Basmati rice is hailed as the “Best Rice in the World” by prestigious food guide TasteAtlas. With its distinct flavor, long grains, and ability to stay separate when cooked, Basmati rice is a staple in Indian, Pakistani, and international cuisines. It’s also a nutritional choice, being gluten-free and low in fat. Source: Latestly.com

The Farmers’ Organisation Authority (FOA) urges Putrajaya to support rice farmers in owning small-scale mills to overcome the local white rice shortage. Government grants could be provided to acquire milling machines, allowing farmers to cultivate their rice and address the pressing concern.

Italy’s contribution to Pakistan’s industrial sector is highlighted by Dr Rasheed Ahmed Khan, who urges both countries to strengthen their cooperation. Pakistan can export various products to Italy, showcasing the potential for economic collaboration.