Rice Price

Rice over riots in Chhattisgarh: The paddy trade in Red hotbed

Over 2,000 farmers from the interior areas of the worst Maoist-infested Narayanpur district will be selling paddy for the first time at MSP at the procurement centres

Bridging the gap: Late rains likely to narrow paddy acreage shortfall

This acreage was, however, 1.13 per cent more than the normal area in which paddy is planted

Shortfall in Kharif output may keep rice prices at elevated levels

A 6-7 million tonnes shortfall in rice production due to a fall in paddy sowing area is likely to keep rice prices at elevated levels, adding to the inflationary pressure that the slowing economy is already grappling with. Elevated food prices, including that of cereals, had led to retail inflation reversing a three-month declining trend, to touch 7 per cent in August. Similarly, the wholesale price inflation, which declined to 11-month low, also showed price pressures from cereals resulting from wheat output being impacted by severe heat waves in some parts of the country. In addition to this, expectation of a lower paddy output - conservative by government estimates and higher if outside experts are to be believed - will keep inflationary expectations higher, experts and analysts believe. Erratic June-September rainfall and delayed withdrawal of South-West monsoon rains have added to concerns over paddy crop. India's rice production during the 2021-22 crop year, ended June, stoo

Rice prices soften in domestic markets after ban; exports may shrink by 25%

India, which commands 40% share in the global rice trade, exported 21.23 mt of rice in 2021-22, against 17.78 mt in the previous year

Export ban, duties to weigh on rice mill stocks in near-term, say analysts

Shares of LT Foods, Kohinoor Foods, KRBL, Chaman Lal Setia Exports, for instance, have declined in the range of 2 per cent to 9 per cent, as against 0.4 per cent gain in the Nifty50 index.

Govt to lift 51.8 mn tonnes rice in 2022-23, double coarse cereal purchases

Rice procurement a tad higher than 50.98 mn tonnes in 2021-22; market sources say this could be a sign that govt does not expect a major drop in Kharif rice output

Bangladesh to import rice from Vietnam and India to replenish reserves

Bangladesh is finalising deals with Vietnam and India to import a total of 330,000 tonnes of rice as it races to replenish reserves and cool domestic prices

Adani Wilmar acquires Kohinoor rice brand in India to strengthen position

The acquisition of Kohinoor rice brand by Adani Wilmar will fuel the next level of growth for Adani Wilmar and widen the portfolio to cater to premium customer segments

CCEA approves distribution of fortified rice to tackle malnutrition

Fortified rice is made as per the standards fixed by the food regulator FSSAI which has prescribed blending rice with three micronutrients -- Iron, Folic Acid and Vitamin B12

Rice prices fall to 5-year low over weak rupee allow exporters to cut rates

Top exporter India's 5 percent broken parboiled variety was quoted at $351-$356 per tonne, down from $353-$358 last week

Bangladesh gets offers in tender to purchase 50,000 tonnes rice

The lowest offer in a Bangladesh tender to buy 50,000 tonnes of parboiled rice was $405.60 a tonne, including freight, insurance and other expenses

Cereal prices move up on lower Kharif output, changing consumption patterns

Huge stocks lying with FCI limit increase in rice, wheat prices; coarse grains costlier by up to 16% during the past one month

India raises 2016/17 rice purchase price by 60 rupees/100 kg

Minimum purchase price for common grades of rice has been raised by about 4.3%, to 1,470 rupees per 100 kg