Despite pandemic challenges, Pakistan’s rice export business thrives, with numerous rice exporters continually supplying essential grains globally. This success reflects credit on the major role of Pakistan’s rice suppliers and mills, offering competitive pricing on a range of high-quality rice products.

India’s trade deficit contracted in September 2023, primarily due to a significant drop in imports, with exports also falling amidst weak demand in China and the West. This shrinkage of the deficit is considered encouraging for the current account deficit for Q2 FY24. Export restrictions have significantly affected outbound trade.

Examine the impact of India’s potential sugar export ban due to the weakest monsoon in five years, affecting sugarcane crops across Maharashtra and Karnataka. This action, aimed at controlling domestic sugar prices amidst election year, could reshape India from being the world’s top sugar producer and exporter to a cautious supplier.

Discover culinary potential in your kitchen waste: vegetable trimmings can boost a soup’s flavor, citrus peels create zesty delights, and bread crusts turn into crunchy breadcrumbs. Explore sustainable cooking methods that reduce food waste and unlock gastronomic innovation in our article.

Explore the influential role of Pakistan in the global rice market, with its renowned rice exporters and prized varieties like white broken rice. Consistent growth of Pakistan’s rice export, including 25% broken rice, reflects the steady international demand.

Chinese agricultural scientists visit Ayub Agriculture Research Institute in Faisalabad, Pakistan, seeking to boost crop production and enhance local pesticide manufacturing whilst promoting advanced agricultural machinery. Their expertise is set to increase local cultivation of crops like rice, fruits, and vegetables, boosting the national economy.

The Indian government has extended the duty on parboiled rice exports until March 31, 2024, aiming to control domestic prices by maintaining sufficient stock. This move also affects all non-basmati rice varieties, significantly contributing to India’s rice export business.

Pakistan sets harvest targets for key crops in FY23-24, aiming for 32.12 million tonnes of Wheat and 8.64 million tonnes of Rice. The potential prohibition on non-basmati rice exports in India could heighten global prices, benefiting Pakistan rice exporters.

Indian parboiled rice prices drop due to buyers’ wait-and-see approach over the uncertain continuation of duty-free exports past October 15th. This decline contrasts with surges in global rice prices, specifically those from Thailand and Vietnam.

Discover the latest trends in Pakistan’s weekly inflation, as reported by the Sensitive Price Indicator (SPI). Following a 0.30% increase, the SPI reveals fluctuations in prices of 51 key commodities, highlighting a broad economic impact. Stay updated with these significant changes in the financial landscape.