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Indonesia Increases Rice Import Quota by 1.6 Million Metric Tons in 2021

Channel News Asia LogoChannel News Asia2 mo ago

 Indonesia Increases Rice Import Quota by 1.6 Million Metric Tons in 2021 - Channel News Asia

Quick Summary:

JAKARTA : Indonesia has allocated an additional rice import quota of 1.6 million metric tons for 2024, after shipping in near record volumes in last year, as dryness linked to the El Nino weather pattern delayed harvest at home.

Rates of parboiled rice exported from top hub India climbed to record highs this week on limited supplies and slight improvement in demand.

Lower Indonesian output threatens to further tighten supplies, pushing rice prices higher.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-02-26 @ 16:10:19 (2 months ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 20218601

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 1 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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  • URL: https://beamstart.com/news/indonesia-allocates-16-million-metric-170893543391

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