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Asia rice - Vietnam, Thai rates dip as eyes turn to India

Reuters, Published on 12/07/2024

» BENGALURU - Rice export prices from Vietnam slipped to their lowest levels in a year, and Thai rates also dropped this week amid lacklustre demand, as markets awaited potential easing of restrictions by top exporter India.

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GENERAL

Vietnam may permit gold imports for first time in years

Reuters, Published on 12/06/2024

» SINGAPORE - Vietnam could allow companies to import gold for the first time in over a decade, as it aims to bridge the widening gap between local prices and international benchmarks, an industry official told Reuters.

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GENERAL

China's central bank adds to gold reserves as price soars

Reuters, Published on 08/04/2024

» LONDON - China's central bank added 160,000 troy ounces of gold to its reserves in March, it said, in line with the market view that persistent official sector demand had supported gold's continuing rally.

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India rice rates extend rally on low supplies; Thai prices ease

Reuters, Published on 02/02/2024

» BENGALURU - Parboiled rice export prices from India extended their record rally this week, driven by tight supplies and firm demand due to higher prices in other hubs, while Thai rates slipped as new supply from fresh harvests trickled in.

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What happens next after China Evergrande ordered to liquidate

Reuters, Published on 29/01/2024

» HONG KONG - A Hong Kong court on Monday ordered China Evergrande, the world's most indebted developer, to be liquidated. The move could send shockwaves through already fragile Chinese capital and property markets. Such a process could be complicated, with potential political considerations, given the many authorities involved.

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India allows exports of non-basmati white rice trapped at ports

Reuters, Published on 30/08/2023

» NEW DELHI - India has allowed traders to ship out their non-basmati white rice cargoes sitting at ports due to a sudden ban on exports of the category, a government order said late on Tuesday.

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GENERAL

Philippines looks to import 500,000 tonnes of rice

Reuters, Published on 16/08/2023

» MANILA: The Philippines' Department of Agriculture is recommending additional rice importation of about 500,000 metric tonnes to cover potential crop losses from the El Nino dry weather condition, a senior official said on Wednesday.

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GENERAL

Rice prices set to climb further

Reuters, Published on 21/07/2023

» SINGAPORE: Asian rice trade paused on Friday to digest the previous day's ban by India, by far the world's biggest supplier, of a major share of its exports of the staple, with prices expected to climb substantially in coming days, three traders said.