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1-World Prices Of Rice Surge To A Fresh 15 Year High

Rice producers and rice sellers can easily get the best price on the platform if they sell rice in bulk while buyers can buy rice in bulk from vendors across the globe. There are no middlemen involved, and the company facilitates the entire process, which guarantees maximum profits in the shortest time-frame. <br><br>

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1-World Prices Of Rice Surge To A Fresh 15 Year High

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  1. World: Prices Of Rice Surge To A Fresh 15 World: Prices Of Rice Surge To A Fresh 15- -Yea Year Hig r High h In Asia and Africa, rice is a staple food for billions of people, and the recent price increase may exacerbate inflationary pressures and increase import costs for consumers. Tradologie.com is a next-generation, globally verified, transaction-oriented SaaS platform for B2B commoditiy sales and procurement that connects bulk buyers and bulk sellers of commodities, primarily of branded food and agro-commodities and facilitates operations for them. Rice producers and rice sellers can easily get the best price on the platform if they sell rice in bulk while buyers can buy rice in bulk from vendors across the globe. There are no middlemen involved, and the company facilitates the entire process, which guarantees maximum profits in the shortest time-frame. Hike in Rice Prices Hike in Rice Prices Strong demand and ongoing supply concerns caused rice prices to soar to a new 15-year high. According to the Thai Rice Exporters Association, Thai white rice with 5% broken, an Asian benchmark, increased for a third week in a row on Wednesday, hitting $659 per ton. This is the highest since Oct. 2008 and gets the rice in prices to about 38% this year, after top exporter India restricted exports and dry weather threatened production. Some countries have increased purchases to build sufficient stockpiles, fearing that El Nio will further tighten supplies in the coming months. According to Indonesian President Joko Widodo last week, India has committed to supplying one million tons, and Thailand is expected to deliver up to 2 million tons next year.

  2. Through February, the private sector is expected to import over 500,000 tons of rice into the Philippines. If you are a rice importer wishing to import rice in bulk or a rice exporter willing to export bulk rice, then Tradologie.com is the right platform for you. Tradologie.com facilitates bulk agro-commodity sales and procurement across the globe. Through tradologie.com’s interface, buyers can avail the best qualities of agro-commodities in bulk at negotiable rates. The transaction oriented platform has 700,000+ verified buyers and about 70,000+ registered sellers of agro-commodities from over 100 countries. To register as a buyer, click here. To register as a seller, click here. To stay updated with the latest happenings in the agro-trade industry, follow Tradologie.com across all social media channels.

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