BROKEN RICE PRICES
India may reimpose broken rice export restrictions as prices cross $360 per tonne: IREF
India may reimpose restrictions on exports of 100% broken rice as international prices cross $360 per tonne and domestic demand from ethanol manufacturers and poultry-feed producers increases, the Indian Rice Exporters' Federation (IREF) has warned. No fresh curbs have been announced so far.
Rs 600 for 1,000 km journey: Nitin Gadkari proposes Rs 3 per unit for EV charging at night and Rs 5 during the day to boost electric vehicle adoption
Union Minister Nitin Gadkari has suggested Maharashtra Chief Minister to charge Rs 3 per unit for electric vehicle (EV) charging at night and Rs 5 during the day to encourage EV adoption. At the proposed night-time rate, an electric car delivering 5 km per unit could travel 1,000 km for just Rs 600. Gadkari said cheaper night-time electricity could make EVs more attractive to buyers.
Fuel, forex and farmers: Why India is betting big on maize
A grain that once fed chickens now fuels cars and, soon, planes. The harder question is whether Indian farms can keep up with the demand it has created.
India sets zero sugar diversion for ethanol in 2026/27 tender
India has instructed oil marketing companies to cease sugar diversion for ethanol production by the year 2026-27. This decision arises amid rising sugar prices and concerns over domestic sugar supply due to poor rainfall. Ethanol from sugarcane juice and other sugar-based feedstocks will not be included in the latest tender. The government aims to boost domestic sugar production and curb oil imports as part of its policies.
Indian rice export prices hit over 1 year high on stronger rupee and crop supply concerns
Asian rice export prices have risen as Indian rates reach a one-year high amid supply concerns. Vietnamese prices are also increasing, expected to meet strong demand from the Philippines in November. Thailand's rice prices are climbing due to flooding delays and heightened purchasing activities before the season ends. In Bangladesh, rising paddy prices have led to increased costs for consumers struggling with high living expenses.
BIRC 2026 to focus on boosting rice-milling margins as India's rice economy scales up
The Bharat International Rice Conference 2026 will focus on improving profitability in India’s rice-milling industry, which processes a crop with an indicative wholesale value of about ₹6 lakh crore annually.
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Indian rice export rates rise to one-year high as lower rainfall fuels supply woes
Indian rice export prices have reached their highest point in a year. Below-average monsoon rainfall raises concerns about production and tightens supplies. Thailand's broken rice prices have also seen an increase this week. Vietnam's August rice exports experienced a significant year-on-year decline. Bangladesh's rice retail prices continue to remain elevated for consumers.
Govt sets paddy procurement target at 708.64 lakh tons in KMS 2026-27, lower than actuals of last 3 yrs
The Centre has set a paddy procurement target of 708.64 lakh tonne for the upcoming Kharif season. This target is lower than actual procurement levels seen in recent years. Improved rice specifications with tighter broken-grain norms will be implemented from this season. Coarse grain procurement estimates also show an increase for the 2026-27 season. The government continues its push for storage capacity and technology adoption in foodgrain management.
Low inventories, El Nino to keep sugar market tight through FY27: DAM Capital
The Indian sugar sector is likely to remain in a tight-supply situation through FY27 and possibly beyond, with low inventories, weather risks and firm global prices expected to keep domestic sugar prices elevated, according to a research report by DAM Capital Advisors.
Asia Rice: India rates climb to 1-year highs on African demand, poor monsoon rains
India's 5% broken parboiled variety was quoted at $364-$369 per ton this week, up from last week's $362-$368. Indian 5% broken white rice was priced at $360 to $365 per ton.
Congress slams government on 'skyrocketing' price rise, takes swipe over 'achche din' promise
The Congress party has criticized the central government for escalating inflation rates. Onion prices have significantly increased, impacting household budgets across the nation. Essential commodities like milk and oil are also becoming unaffordable for many. The party questions how the poor and middle class can manage their expenses.
Asia Rice: India rates hit near one-year high on tight supply
Indian rice export prices have reached their highest level in nearly a year. Vietnam's rice prices also increased for a third consecutive week. Bangladesh plans to import one hundred thousand tons of parboiled rice from Vietnam. Malaysia and the Philippines have increased their rice imports due to El Nino concerns.
Indian rice export prices near 10-month high amid El Nino fears and rising domestic paddy costs
Indian rice export prices remain near a ten-month high this week. Thai prices have reached a one-month peak, supported by buyer demand. Vietnam's rice exports are experiencing quiet trading activity due to weak demand. Bangladesh faces elevated rice prices after recent crop damage from flooding. Governments are developing climate-resilient rice varieties to address agricultural challenges.
Indian rice export prices extend gain on higher reserve price, monsoon concerns
Indian rice export prices have increased for a third consecutive week. This rise is due to higher reserve prices for government sales. Floods in Bangladesh have damaged crops on over twenty-eight thousand hectares. Thai traders remain cautious due to potential El Nino impacts on production. Vietnamese rice prices are unchanged as buyers await increased harvest supplies.
Asia Rice: Indian, Thai rates ease, Vietnam unchanged on less demand
Rice export prices from India and Thailand have dipped due to weak demand and market inactivity, with Vietnamese rates holding steady. Global rice prices are projected to remain under pressure through 2026 as major producers compete with surplus supplies, leading buyers to delay purchases.
Asia Rice: Thai rates hit seven-month high on China purchase deal
Thai rice prices surged to a seven-month high following a significant deal with China. Meanwhile, Indian and Vietnamese rice rates strengthened due to increased demand from Asian and African buyers.
Asia Rice: Vietnam rates rise on low domestic supplies; improved demand lifts India prices
Vietnamese rice prices surged due to dwindling domestic supplies, while Indian rates climbed, fueled by a stronger rupee and increased demand.
India exports 198.65 lakh tonnes rice till March 25 of FY25
India exported 198.65 lakh tonnes of rice till March 25, 2025, surpassing 2023-24’s total of 163.58 lakh tonnes. Basmati rice exports reached 59.44 lakh tonnes, while parboiled rice stood at 90.44 lakh tonnes. The government monitors production and trade, ensuring food security. Broken rice, key for animal feed and ethanol, benefits various industries.
Asia Rice: India rates hit lowest since June 2023, Vietnam sees demand pick up
Indian rice export prices reach their lowest since June 2023 due to weak demand and abundant supplies, with 5% broken parboiled rice quoted at $409-$415 per tonne.
Indian industry body calls for broken rice exports as stocks surge
India has a surplus of 100% broken rice, urging exporters to request the government to lift the ban on its export. This could help reduce excessive stock, provide low-cost grain to African nations, and support Asian animal feed and ethanol producers. The REA emphasised that with ample supply, the ban should be removed.
High shipping costs dent Vietnam's rice rates; Indian, Thai variants steady
Rice export prices from Vietnam dipped slightly due to rising shipping costs. Philippines' tariff cut on rice will boost Vietnamese shipments. India's parboiled rice prices remained unchanged.
Indian rice traders hike prices to mirror higher export duty
India's rice export prices increased this week due to higher duty on rice shipments, while Thailand's demand remained low. The government imposed a 20% export duty on parboiled rice exports in August 2023 to control domestic rice prices. The customs department has demanded payment of duty differentials on rice exported in the last 18 months, which could cripple rice shipments from India.
Rice rates across Asian hubs hold flat as steady demand counters falling supply
India's 5% broken parboiled variety was quoted at $510-$517 per metric ton, unchanged from last week when rates climbed to their highest level since October 2023.
India's export curbs stall trade; prices in other hubs decline
Rice export rates in Vietnam and Thailand have declined while India's restrictions on parboiled rice exports have halted activity. India's 5% broken rice remained at a static rate of $525-$535 per metric ton, near a record high. Vietnam's 5% broken rice was offered at $610-$620 per metric ton, a decrease from the previous week. Thailand's 5% broken rice prices dropped to $605 per metric ton due to a depreciating baht. Domestic rice prices in Bangladesh remained high despite good yield and record reserves.
Prices of rice may continue to go up, says govt
The ministry had earlier informed that domestic rice production is estimated to declined by 6 per cent to 104.99 million tonnes in the 2002-23 kharif season.
India's rice export curbs prompt buyers to look to other hubs
Rice loading has stopped at Indian ports and nearly one million tonnes trapped as buyers refuse to pay the new levy. Following the development, Indian traders were not signing new deals this week.
Export ban on broken rice to ease pressure on domestic retail prices: Govt official
The local prices have come under pressure following the likely drop in rice output by 6-7 million tonnes in the ongoing kharif season of 2022-23 crop year (July-June) despite enough stocks in the government godowns. "The local rice price have begun to stabilise after the ban on export of broken rice. In some cities, we have also witnessed minor fall in the rates," the official told PTI.
India's rice exports may fall by 4-5 million tonnes post ban on broken rice, 20 pc duty
During April-August period of the current financial year, the government data showed that the country has already exported 9.35 million tonnes as against 8.36 million tonnes in the year-ago period. "The exports may fall to 16-17 million tonnes in this financial year because of ban on broken rice and 20 per cent export duty," All India Rice Exporters Association (AIREA) former president Vijay Setia said.
Price rise, high shipment led to export restrictions on rice: Food Secretary
Explaining the rationale behind the imposition of 20% duty on exports of non-basmati rice and a ban on exports of broken rice, Pandey said the domestic wholesale and retail prices of rice are showing an increasing trend with broken rice going up from Rs 16/Kg on January 1, 2022 to Rs 22/Kg on September 8, 2022.
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