1. FY24 crop goals set higher by government


    “Explore how Pakistan’s interim government sets impressive farming targets for FY 2023-24, paving the way for expected growth in wheat, cotton, and rice production. These expectations are a relief for local farmers reeling from 2022’s floods and could spell success for Pakistani rice exporters in the global market.”


    Published on:   13/10/2023

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  1. “Indian rice market sees price drop as export restrictions confuse buyers”


    Explore the dynamics of the global rice market as Indian Parboiled rice prices fall due to export duty uncertainties, while Thai and Vietnamese rice see gains due to domestic factors and increased demand. Stay tuned for expected shifts in global rice pricing.


    Published on:   13/10/2023

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  1. Thailand’s commerce minister warns of potential three-year rice shortage due to El Niño


    Explore the potential impact of a prolonged El Niño-induced drought on global rice production, with a particular focus on domestic supply chains in Thailand. This analysis discusses measures to mitigate supply disruptions, preserve commodity balance, and maintain stable export markets amid rising global demand.


    Published on:   13/10/2023

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  1. Minister expresses concern about the effects of drought


    Drought fears spurred by the El Niño weather phenomenon could impact rice production and lead to domestic scarcity, according to Thailand’s Commerce Minister, Phumtham Wechayachai. The minister urges a balance between export management and domestic stock maintenance, despite increasing global demand.


    Published on:   13/10/2023

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  1. “Vietnam achieves record high in rice export earnings”


    Vietnam sets a new record in rice export revenue in 2023’s first three quarters, earning USD 3.66 billion from 6.61 million tonnes, thanks to a 40.4% value increase and higher rice prices, according to the Ministry of Agriculture and Rural Development. A promising trend despite potential import slowdowns.


    Published on:   13/10/2023

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  1. Rice exports leverage reaches its lowest point


    Analyzing economic patterns reveals high interest rates indicating growth in credit-deprived economies. Amid record-breaking GDP growth and goods exports, the economy faced a downturn when rates rose. The rice industry was significantly affected, with record negative credit growth amidst increasing borrowing rates. Flood damage and debt retirement contributed to the decreased export performance. The industry now enters a challenging period with high-interest rates, commodity prices, and potential inventory losses. Can the rice industry achieve record exports under these conditions? Discover more in our in-depth exploration.


    Published on:   13/10/2023

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  1. “Pakistan’s Agro-Food Sector Flourishes with 37.4% Spike in Exports, Led by Rice Industry Growth”


    Experience a 37.4% surge in Pakistan’s agro-food exports driven by leading rice exporters. Home to a vast array of rice mills, Pakistan is a major player in the global rice market, offering diverse rice varieties from white broken rice to Basmati. It’s not just quality rice; it’s consistent supply by dedicated rice suppliers scattered in regions like Karachi that contribute to this rise. Despite challenges, these rice companies are solidifying their global market hold while also greatly affecting Pakistan’s economy status. The future of the rice business in Pakistan predicts it being a key leader in rice exports globally.


    Published on:   12/10/2023

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  1. “Increase in Harvesting Prompts Global Price Reduction for Pakistan Rice: Opportunities and Impacts in the Grain Industry”


    Explore the thriving rice industry in Pakistan, where an increase in the harvest of white broken rice is growing global interest and leading to a significant drop in Pakistan rice prices. The boom in the harvest season is creating new opportunities for rice exporters and suppliers in Pakistan, ensuring they are equipped to meet global market demands. With major players in the Pakistan rice supply chain such as the rice exporters, suppliers, and mills influencing business operations, the promising prospect of decreased rice prices is expected to boost sales and expand the Pakistan rice trade.


    Published on:   12/10/2023

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  1. Featured image for "Rice fields on the Vietnam-China border shimmering yellow in autumn weatherIn September and October, paddy fields in Cao Bang Province on the border with China turn golden yellow, heralding the"

    Rice fields on the Vietnam-China border shimmering yellow in autumn weather


    Rice fields on the Vietnam-China border shimmering yellow in autumn weatherIn September and October, paddy fields in Cao Bang Province on the border with China turn golden yellow, heralding the


    Published on:   14/10/2022

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  1. Featured image for "Myanmar will export more than 20,000 tonnes of long-grain white rice with five per cent broken to Bangladesh, according to the Ministry of Commerce.The MV VTC Ocean which is currently"

    Myanmar to deliver over 20,000 tonnes of white rice 5% to Bangladesh


    Myanmar will export more than 20,000 tonnes of long-grain white rice with five per cent broken to Bangladesh, according to the Ministry of Commerce.The MV VTC Ocean which is currently


    Published on:   14/10/2022

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