Intentar ORO - Gratis
Global rice prices to ease as India lifts export ban
The Philippine Star
|October 01, 2024
Government officials and industry stakeholders are hopeful prices of rice in the world market would begin to soften after India lifted its export ban on nonBasmati rice, leading to more favorable rice import prices for the Philippines.
Agriculture Secretary Francisco Tiu Laurel Jr. said he "hopes" the lifting of the India export ban would "signal" the lowering of rice prices in the global market.
Department of Agriculture spokesperson and assistant secretary Arnel de Mesa said the return of Indian non-Basmati white rice to the world market would boost available grains for trade globally.
The additional stocks, De Mesa pointed out, could ease the supply pressure in the world market and "create an impact" toward lowering world prices of rice.
Last weekend, India lifted its export ban on non-Basmati rice to prevent oversupply as the country's grain stocks surged recently.
The export ban has been in place since July 2023 as India sought to protect its domestic consumers by shoring up rice stocks to ensure stable retail prices amid concerns in local production and uncertainties in global market and supplies.
Esta historia es de la edición October 01, 2024 de The Philippine Star.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Philippine Star
The Philippine Star
DINAGYANG FESTIVAL: WHERE ADVENTURES IN ILOILO TAKE OFF
For first time visitors to Iloilo, a sprawling city on the island of Panay, three days are enough to experience a heady mix of old world charm and striking modernity, century-old churches in districts adjacent to a high-tech township, a cuisine that is both cutting edge yet also deeply rooted in tradition, and through it all, a heartwarming hospitality that never goes out of style.
6 mins
February 28, 2026
The Philippine Star
Total lunar eclipse visible on March 3
A total lunar eclipse will occur early next month and can be observed in most parts of the Philippines, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration.
1 min
February 28, 2026
The Philippine Star
Profit taking snaps PSEI’s winning streak
The local stock market snapped its seven-day winning streak as investors finally succumbed to profit taking, but managed to keep its hold above the 6,600 level.
1 min
February 28, 2026
The Philippine Star
BBM, the economy, the next president
Who is the ideal president in 2028?
4 mins
February 28, 2026
The Philippine Star
DOH releases new guidelines for MAIFIP program
The Department of Health has issued new guidelines for the controversial Medical Assistance for Indigent and Financially Incapacitated Patients (MAIFIP) Program.
2 mins
February 28, 2026
The Philippine Star
Bacojo 3rd in Moscow
The Philippines’ Mark Jay Bacojo agreed to a quick, six-move draw in the 10th and final round with fellow International Master Ramil Faizrakhmanov of Russia to complete an impressive podium finish in the Russian Chess Crown Standard A in Moscow Thursday night.
1 min
February 28, 2026
The Philippine Star
Bomb scare hits QC Hall of Justice
A bomb threat disrupted work at the Quezon City Hall of Justice in Barangay Central yesterday morning, affecting the hearing of cases, including that of former Negros Oriental third district congressman Arnolfo Teves Jr. at the QC Regional Trial Court Branch 77.
1 min
February 28, 2026
The Philippine Star
Unprogrammed
My spellchecker does not accept the word “unprogrammed.”
3 mins
February 28, 2026
The Philippine Star
US, Iran wrap up latest nuke talks without deal
Iran and the United States held hours of indirect negotiations on Thursday over Tehran’s nuclear program, but walked away without a deal, leaving the danger of another Mideast war on the table as the US has gathered a massive fleet of aircraft and warships in the region.
1 min
February 28, 2026
The Philippine Star
Plaintiff says social media harm started at age 6
Photos and videos of a young girl posted to YouTube and Instagram flashed across a screen in a Los Angeles courtroom Thursday.
1 mins
February 28, 2026
Listen
Translate
Change font size

