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https://www.tradologie.com/lp/news/detail/rice-to-get-costlier-in-the-global-market-prices-ruling-at-11-year-high
Rice To Get Costlier In The Global Market, Prices Ruling At 11 Year High
The Amount Was Contrasted With The Over 550,547 Tons Of Rice And Broken Rice Exported The Previous Year. The Data Demonstrated That During The First Three Months Of The Current Fiscal Year (Q1) , 122,243 Tons Of Rice And 138,836 Tons Of Broken Rice Were Exported.
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https://www.tradologie.com/lp/news/detail/myanmar-exports-260-000-tons-of-rice-broken-rice-in-q1-of-fy-2023-24
Myanmar Exports 260,000 Tons Of Rice, Broken Rice In Q1 Of FY 2023-24
The Amount Was Contrasted With The Over 550,547 Tons Of Rice And Broken Rice Exported The Previous Year. The Data Demonstrated That During The First Three Months Of The Current Fiscal Year (Q1) , 122,243 Tons Of Rice And 138,836 Tons Of Broken Rice Were Exported.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/vietnam-exports-4-2-mln-tons-of-rice-in-h1
Vietnam Exports 4.2 Mln Tons Of Rice In H1
The nation intends to diversify its export markets, focusing in particular on those where there is a high demand for high-quality grains and those with which it has free trade agreements. Vietnam plans to diversify its rice export markets in order to reduce its reliance on any single country.
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https://www.tradologie.com/lp/news/detail/rice-to-get-costlier-in-the-global-market-prices-ruling-at-11-year-high
Rice To Get Costlier In The Global Market, Prices Ruling At 11 Year High
This is also the reason why rice is regarded as a buyers’ market. Buyers from different parts of the world showcase demand which in turn determine the export price of rice from leading rice exporters of the world. However, that might change this year as per the present market conditions.
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Contact Number - +91-8595957412, +91-120-4148741
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/india-will-continue-to-export-food-grains-to-vulnerable-countries
India Will Continue To Export Food Grains To Vulnerable Countries
Located in Asia, India is an agricultural powerhouse. Over the years, it has established itself as a reliable agro-supplier and different countries around the world depend upon the Asian nation for sourcing agro-commodities for their domestic consumption needs. From rice to sugar, the Asian nation has cemented its position as a reliable supplier in the global grain market and such is its significance that any disruption in its grain supply is bound to raise prices and difficulties for vulnerable countries around the world.
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Contact Number - +91-8595957412, +91-120-4148741
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/india-bans-white-rice-exports-to-control-price
India Bans White Rice Exports To Control Price
Located in Asia, India is the largest rice exporter in the world and the country ranks second, behind China in terms of rice production. Different varieties of rice are shipped by the Asian nation all year round and India holds a dominant position in the global rice trade. Favorable weather conditions help India export bulk rice and meet global rice demand; however, things are different this time around.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/export-duty-on-russian-wheat-set-to-rise-by-12-1percentage-agriculture-ministry
Export duty on Russian wheat set to rise by 12.1%: Agriculture Ministry
The Agriculture Ministry of Russia stated that the export duty on wheat by Russia would be increased by 12.1% to 4,493.7 rubles per tonne on September 13 - 19, 2023 from the previous week’s 4007.6 rubles per tonne, reported by Interfax, a Russian news agency. This export duty increased by 7.5% in a week previously.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/global-rice-and-oil-prices-set-to-surge-as-india-implements-export-ban-predicts-meristem
Global Rice and Oil Prices Set to Surge as India Implements Export Ban, Predicts Meristem
Meristem also added that there are other factors that may lead to a surge in the prices of staples in the country. These factors include poor road networks across Nigeria, global energy, and higher logistic goods. Meristem added this in its recent report “Macroeconomic Update: Inflation Expectation”.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/johari-ghani-urges-malaysia-to-reduce-dependency-on-rice-imports-as-domestic-output-declines
Johari Ghani Urges Malaysia To Reduce Dependency On Rice Imports As Domestic Output Declines
Johari mentioned rice in particular, noting that Malaysia imports a significant portion of its rice supply to satisfy domestic demand (locally-produced rice only meets 62.6% of total demand). He explained in a statement, “Previously, our rice paddy farmers could meet 71% of total demand, but that figure has dropped to 62.6%. The government depends on imports of rice to supply the rest (37.4% of demand).”
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Contact Number - +91-8595957412, +91-120-4148741
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/india-importing-onions-garlic-dry-fruits-from-afghanistan-via-attari-wagah-border
India Importing Onions, Garlic, Dry Fruits From Afghanistan Via Attari-Wagah Border
During the current season, India is importing onions and garlic from Afghanistan via the Integrated Check-Post (ICP) at the Attari-Wagah border. This is happening after a few years, and not only that, but the amount of dry fruits imported from the war-torn country has doubled, but their prices have remained high as the festival season in India has begun and orders for Diwali are being placed. In addition, Aloo Bukhara and Khurmani are in high demand.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/rice-export-bans-and-price-caps-are-a-food-crisis-risk-for-asia
Rice Export Bans and Price Caps are a Food Crisis Risk For Asia
Asian giants China and India account for more than 80% of the rice production in the world but recently India’s partial rice export ban and China’s low rice exporting capacity disrupted the Global Rice Market. Despite this, the major rice-importing nation the Philippines is capping the rice prices, surging the demand for the rice. Resulting in the global rice price soaring to a 12-year high above the $600 a metric ton.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/sugar-exports-of-india-may-decline-by-half-on-output-shrink-in-2023-24
Sugar Exports of India May Decline By Half On Output Shrink in 2023-24
In the 2021-22 season (October to September), India exported a record high of 11 million tons of sugar. The production during the same year was 36 million tons of sugar. The output of sugar during the current season is estimated at 33 million tons, expecting the exports may fall by 6 million tons.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/red-chilli-exports-set-to-surge-exporters-anticipated
Red Chilli Exports Set to Surge, Exporters Anticipated
The surge in the demand for Teja and the Super 10 variety of chilli is expected in the upcoming weeks. Teja, famed for its intense heat, finds favour in China and Bangladesh. Conversely, Sri Lanka and Malaysia incline towards the moderate spiciness of the Super 10 variety. These inclinations set the stage for a fascinating trade dynamic.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/tight-global-wheat-story-is-stuck-on-repeat-supporting-market-bears
Tight Global Wheat Story Is Stuck On Repeat, Supporting Market Bears
He pointed to the example of turmeric, which saw surging demand during the COVID-19 pandemic due to its medicinal properties. He added, “We should be focusing on developing value-added turmeric products, which could alone contribute $2 billion to the export earnings”. Spice exporters should also focus on enhancing the industry's reputation and quality standards, Mr. Piyush Goyal proposed the creation of a 'Bharat' brand or certification, symbolising high-quality and premium spice products.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/india-s-union-minister-piyush-goyal-urges-spice-industry-to-explore-new-markets-to-reach-10-billion-exports-by-2030
India's Union Minister Piyush Goyal Urges Spice Industry to Explore New Markets to Reach $10 Billion Exports by 2030
He pointed to the example of turmeric, which saw surging demand during the COVID-19 pandemic due to its medicinal properties. He added, “We should be focusing on developing value-added turmeric products, which could alone contribute $2 billion to the export earnings”. Spice exporters should also focus on enhancing the industry's reputation and quality standards, Mr. Piyush Goyal proposed the creation of a 'Bharat' brand or certification, symbolising high-quality and premium spice products.
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Contact Number - +91-8595957412, +91-120-4148741
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/egypt-s-sugar-export-ban-continues-for-another-three-month-extension
Egypt's Sugar Export Ban Continues for Another Three-Month Extension
There is a sudden increase in the prices of onion. Onion prices have surged to EGP 35 per kilogram in many local markets. Last year, these prices were EGP 12 and the previous month's rate was EGP 27. According to the reports, Egypt harvested around three million tonnes of onion each year. Out of which a substantial portion is exported.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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https://www.tradologie.com/lp/news/detail/canada-doesn-t-disrupt-masur-dal-supply-india-takes-precautionary-measures
Canada Doesn't Disrupt Masur Dal Supply; India Takes Precautionary Measures
According to reports, the Indian government is so far comfortable with the import of red lentils. Recently, 1 lakh tons of red lentils have arrived at the ports of India. An official told the media that India’s annual consumption of red lentils is around 23 lakh tons and domestic production is 16 lakh tons. Nearly 6 lakh tons of lentils already arrived at the Indian ports. He assured the media about the sufficient stockpiles of red lentils.
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Address - Green Boulevard, Plot No. B-9/A, 6th Floor, Tower B, Sector 62, Noida, Uttar Pradesh - 201309 (India).
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