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BENCHMARK RICE PRICE
India fertilizer offers sink in sign of easing supply strainIndia's urea import prices have dropped sharply, less than half of April's rates. This indicates global fertilizer supply issues are easing...
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
Asia rice surges 20% in May as war and weather threaten outputAsian rice prices experienced their largest monthly surge in nearly two decades in May, driven by weather risks and escalating energy and f...
India races to secure fertilisers as crucial sowing season approaches amid war disruptionsIndia is seeking to boost its fertiliser reserves for the upcoming kharif sowing season by floating tenders for 1.7 million tonnes of urea ...
Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...
Global rice production set to fall for first time in decadeDeclines in India, Myanmar, and the US, coupled with record consumption and trade, will reduce global stockpiles. Rising fertilizer and ene...
India books phosphate fertilizer at 40% above pre-war pricesIndia has contracted diammonium phosphate (DAP) fertilizer at prices nearly 40% higher than pre-war levels as the Middle East conflict disr...
Crude oil prices likely to stay higher for longer: ADB Chief EconomistCrude oil prices are set to remain high due to the Middle East crisis. This will affect India's economy, lowering GDP growth in FY27. Infla...
Asia heat waves spell double trouble for economies hit by oilAsia faces a new inflation threat from El Niño as rising temperatures and dry weather are all set to increase food costs. This comes on top...
Gasoline Price jumps 50 per cent in US after Iran war. When will it go down?Gasoline price: Many drivers were hopeful in mid-April, amid signs that the conflict could be winding down, and gasoline prices fell daily ...
Weaker monsoon prediction, Iran war cloud growth outlookIndia's rural economy is faced with potential challenges. A weaker monsoon and rising farm costs from the Iran war could impact growth this...
India to purchase fertilizer at nearly double pre-war priceIndia is set to purchase urea fertilizer at significantly higher rates. This comes as the Middle East conflict impacts global supplies. Ind...
Rice prices in Asia soar as Iran war fallout threatens supplyThai rice prices have seen their sharpest rise in over two years, driven by escalating fuel and fertilizer costs linked to the Iran conflic...
Fuel shortages from Iran war threaten Asia’s biggest food stapleIran War: Farmers across Southeast Asia face a crisis as missiles flew in th Middle East. Soaring fuel and fertilizer prices, driven by the...
India’s record rice crop is set to deepen slide in global pricesIndia's record rice harvest is flooding the global market, pressuring prices as demand weakens and key buyers impose stricter import rules....
India, the world’s top rice shipper, now has restrictions on every grainOver the past few days, India imposed a minimum price on shipments of basmati rice and put an export tax on the parboiled variety. The gove...
Soaring rice price shows food inflation still stalking the worldThai rice, a benchmark for Asia, has soared to the highest in almost two years. Strong demand lies at the heart of the rally, with some imp...
India won't order rice nowIndia is not divulging its strategy on cmpetitive prices.
- Asian Development Bank opposes rice cartel
Asian Development Bank is opposed to any OPEC-style rice cartel grouping Thailand and four other Asian nations.
- Rice cos set export benchmark price
Tired of racing each other to the bottom of the price pyramid, local basmati companies have decided to announce a benchmark price for each ...