Rice
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Nigerian rice prices fall by 32% due to oversupply, weakening supplier margins: Platts
The sharp fall in Nigerian market prices is squeezing traders who held long positions earlier in the year expecting carry-over Q2-Q3 price strength.
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India targets 26 new markets in ambitious rice export expansion drive
The announcement comes ahead of the Bharat International Rice Conference (BIRC) 2025, a flagship event that will explore trade opportunities and strengthen India’s dominance in the global rice supply chain.
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Nigeria moves to establish National Rice Council to boost self-sufficiency
Rice shortfall in Nigeria has left the country reliant on imports valued at nearly US$2 billion annually.
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East Africa’s rice prices hold steady amid harvest season, currency shifts: AGRA
Kenya maintained the region’s highest rice price at US$1,264 per metric ton (MT) in both months, reflecting a marginal month-on-month decline of 0.03%
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Philippines moves to extend rice import ban, pressuring Asian exporters amid global glut
The restriction, introduced on September 1 for a period of 60 days, was aimed at supporting farmers facing falling paddy rice prices during the harvest season.