17th december,2020 daily global regional local rice e newsletter

Daily Global, Regional & Local Rice E-Newsletter
1 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
December 17 ,2020 Vol 11 Issue 12
www.riceplusmagazine.blogspot.com
mujahid.riceplus@gmail.com 92 321 3692874

Editorial Board
Chief Editor
 Hamlik
Managing Editor
 Abdul Sattar Shah
 Rahmat Ullah
 Rozeen Shaukat
English Editor
 Maryam Editor
 Legal Advisor
 Advocate Zaheer Minhas
Editorial Associates
 Admiral (R) Hamid Khalid
 Javed Islam Agha
 Zahid Baig(Business Recorder)
 Dr.Akhtar Hussain
 Dr.Fayyaz Ahmad Siddiqui
 Dr.Abdul Rasheed (UAF)
 Islam Akhtar Khan
Editorial Advisory Board
 Dr.Malik Mohammad Hashim
Assistant Professor, Gomal
University DIK
 Dr.Hasina Gul
Assistant Director, Agriculture KPK
 Dr.Hidayat Ullah
Assistant Professor, University
of Swabi
 Dr.Abdul Basir
Assistant Professor, University of
Swabi
 Zahid Mehmood
PSO,NIFA Peshawar
 Falak Naz Shah
Head Food Science & Technology
ART, Peshawar
Rice News Headlines…
 Despite payment delays in Iran, India’s basmati exports up 33%
 Two Indian firms bag Bangladesh tender to import 1 lakh tonne non-
Basmati rice
 Mississippi Conservation Organizations Announce New Leadership
 China discovers earliest and largest rice paddy fields in the world
 Kellogg reveals new Rice Krispies Treats recipe
 Italy establishing cultural center in Islamabad
 Amid Exports Recovery To US$2 B, Govt Plans To Increase Lending In
Housing Finance, SMEs For Jobs: Reza Baqar
 Pakistan, IMF on same page regarding power sector reforms, circular
debt’
 Exports recover to pre-Covid levels
 APEDA organises workshop on ‘Opportunities in Export of Organic
Basmati Rice, Value Addition and Product Diversification’
 Despite payment delays in Iran, India’s basmati exports up 33%
 Technical View: Nifty forms Spinning Top pattern, continue with long
side opportunities
 USC Continues Passing On Govt Subsidy To People
 Commodity Exchange begins trading of rice on platform
 Rice exporters have bumper year, VN becomes No 1 in the world
 Fraudster behind rice scam uncovered by Gulf News sentenced to jail
 GIEWS Country Brief: Thailand 16-December-2020
 Flash flood didn’t affect paddy rice production
 Mekong Delta economy struggles to grow
 Bulog Launches Rice Made of Cassava Named Besita
 Rice Prices

Despite payment delays in Iran, India’s basmati exports up
33%
In Iran, the biggest buyer of Indian basmati, payments were held up as the country’s
central bank delayed allocation of the currency to traders to buy rice and other
commodities.
India's basmati rice exports continue to grow, especially to Iran, despite shippers facing
payment problems from the largest buyer of the fragrant grain. ―Basmati exports are doing very
well. They are 30 percent higher this year compared with last year,‖ former president of Delhi-
based All India Rice Exporters Association (AIREA) Vijay Setia said.
According to the Agricultural and Processed Food Products Export Development Authority
(APEDA), an arm of the commerce ministry, basmati exports in the first half of the current fiscal
were up 33 percent at 27.44 lakh tonnes compared with 20.57 lakh tonnes during the year-ago
period. Though the per-unit value realisation was low at $885 a tonne against $1,061 last year,
the shipments have increased 17 percent in rupee value. In dollar terms, basmati shipments
earned $2.4 billion in the first half of the fiscal. The rise in shipments comes on the heels
of Pakistan making a bid to make inroads in the Iranian market after India and other countries
complained of payment delays.
―People are getting the payments for basmati exports from Iran but they are delayed. Shippers
raised a hue and cry when they were delayed. The concern over late payments remains,‖ said
Setia, also the executive director of Chaman Lal Setia Exports that sells basmati under Maharani
brand. According to a multinational company‘s export official, basmati exporters were taking a
risk by selling to Iran but they had changed their strategy. ―Exporters are stocking up the rice and
selling there. They have set up distribution points. This is helping them continue exports,‖ the
official said. It also indicates that Pakistan's attempts were not paying off. Though India, which
accounts for 70 percent of the world‘s basmati production, exports to more than 200 countries,
Iran alone accounts for 34 percent of the shipment. In 2019-20, Iran was the biggest importer of
basmati, buying 13.19 lakh tonnes valued at $1.23 billion compared with 14.83 lakh tonnes
worth $1.55 billion the previous year. In 2019-20, 44.54 lakh tonnes of basmati was imported
against 44.14 lakh tonnes the previous year. The earnings were, however, lower at $4.33 billion
versus $4.72 billion.
In October this year, veteran Pakistani journalist Muhammad Ziauddin tweeted that Iran was in
the process of shifting its basmati rice import from India to Pakistan. The 33 percent rise in

basmati export comes after AIREA reported a drop in shipments during the April-July period.
The drop was reported at a time when prices were on the downswing due to projections of higher
production this year. Basmati production was estimated to increase 10 percent this year to 6.13
million tonnes, mainly on a five percent increase in the area under cultivation. In Iran, payments
were being held up as the country‘s central bank delayed allocation of the currency to Iranian
traders to buy basmati and other commodities. This initially prevented Indian exporters from
entering into new contracts. AIREA said in June that 2.5 lakh tonnes of basmati valued at Rs
1,700 crore had got stuck at Iranian ports. Payments from previous shipments were also pending,
it said. This seems to be in the past now. The problem was on account of the slide in the value of
the Iranian rial against the US dollar. It dropped to one of its lowest in June, hit by the US
sanctions that have derailed crude exports. The country‘s revenue from oil has plunged to $8
billion from $100 billion in 2011. The rial is now trading at 250,000 to the dollar, recovering
from 300,000 in early October. With Joe Biden taking over as the president in January, Iran is
hoping that the situation will improve, though it remains firm on its missile program, which had
invited sanctions.
https://www.moneycontrol.com/news/business/markets/despite-payment-delays-in-iran-indias-
basmati-exports-up-33-6231291.html
Two Indian firms bag Bangladesh tender to import 1 lakh
tonne non-Basmati rice
Bangla Tribune reported that the Sheikh Hasina Wazed Government’s Cabinet Committee
on Government Purchase had last week cleared the purchase through the global tender
costing $20.21 million.
Two Indian firms have bagged global tenders floated by Bangladesh to import one lakh tonnes of
parboiled non-Basmati rice to overcome supply shortage and surge in rice prices.
―Two Indian firms have won the Bangladesh rice import tenders. While one firm has bagged the
first tender, agreeing to sell 50,000 tonnes rice at $405 a tonne, the other firm will offer another
50,000 tonnes at $416,‖ said Rice Exporters Association (REA) President B V Krishna Rao.
Bangla Tribune reported that the Sheikh Hasina Wazed Government‘s Cabinet Committee on
Government Purchase had last week cleared the purchase through the global tender costing
$20.21 million. India‘s Rika Global Impex Limited will supply the rice at $404.35, whose per kg
landed cost would be Rs 30, with 30,000 tonnes being delivered at Mongla port and the rest at
Chittagong.

Bangladesh floated two separate tenders on November 16 and 25 to import 50,000 tonnes each of
parboiled rice on cost, insurance, freight terms besides unloading costs. The rice has to be
delivered in 40 days from the day of signing the contract. Bangladesh plans to import at least
three lakh tonnes of rice and India is seen as having an edge to bag the entire deal. ―There has
been intense competition within India to win the Bangladesh tender. That‘s why it has got at
these rates. Otherwise, our exports could have easily fetched $450 a tonne,‖ Rao said.
Bangladesh rice tender and Chinese import of Indian rice have pushed up export prices. ―Par-
boiled rice prices are now around $400 a tonne. White rice prices have increased to $375-385 a
tonne. We are still 50-60 per cent cheaper than origins such as Thailand and Vietnam,‖ the REA
president said. In the global market, these purchases have pushed rice prices to a three-month
high.
For the first time in three decades, China has begun buying Indian rice. So far, one lakh tonnes
have been shipped out of the country. ―Some cargoes are yet to reach the Chinese ports,‖ Rao
said when asked if further orders were on cards. However, the Chinese have settled to buy 100
percent broken white rice, which is priced lower. Most of the export deals to China have been
done at $300-320 a tonne. At least three exporter-traders said that the 100 percent broken rice
could be used for making porridge or starch or animal feed. ―Chinese COSCO Group, which is
like our Food Corporation of India (FCI), has not made its intentions clear on further purchases
from India,‖ a trader-exporter said. A trade expert based in Malaysia said that India was always
competitive in the 100 percent broken category, pointing to India making up 60-70 percent of
such imports by Senegal. ―It imports at least 10 lakh tonnes every year,‖ the expert, who did not
wish to be identified, said. All India Rice Exporters Association former president Vijay Setia
said that India had become very competitive in the global rice market as it had a surplus.
―Drought in Vietnam and Thailand had affected production in both countries. It has benefitted
India,‖ he said. India‘s non-basmati exports have also been aided by huge stocks and projections
of a record Kharif paddy production. In April, when demand for rice exports increased, the FCI
had 32.24 million tonnes in its warehouses besides unmilled paddy of 25.24 million tonnes,
which could yield 16.91 million tonnes of rice. By October 1, FCI rice stocks had dropped to
22.19 million tonnes, while it had 10.94 million tonnes of paddy stocks that could yield 7.3
million tonnes of rice. Additionally, the FCI has procured 39.08 million tonnes of paddy from
farmers across the country, which when milled can yield 26.16 million tonnes of rice. According
to the first advance estimate of foodgrain production for 2020-21 released by the Ministry of
Agriculture, Kharif rice production has been estimated at 102.36 million tonnes against 101.98
million tonnes last year. Agricultural and Processed Food Exports Development Authority data
showed that non-basmati rice exports more than doubled during April-September this year to

50.79 lakh tonnes against 24.96 lakh tonnes in the year-ago period. Earlier this month, the
Commerce Ministry said that rice exports had increased by about 25 per cent during the April-
November period of the current fiscal. Rice exporters say that non-Basmati exports have already
topped last fiscal‘s total exports and India, the largest rice exporter in the world, could widen the
gap this year with the second-largest exporter Thailand. The US Department of Agriculture's
World Agricultural Supply and Demand Estimate (WASDE) report said the pace of Indian rice
exports has remained robust since August this year and India could export 13.50 million tonnes
in the season ending June next year. The WASDE exports estimates are one million tonnes
higher than the one made last month.
https://www.moneycontrol.com/news/business/markets/two-indian-firms-bag-bangladesh-
tender-to-import-1-lakh-tonne-non-basmati-rice-6238661.html
Mississippi Conservation Organizations Announce New
Leadership
By Emily Woodall
STONEVILLE, MS -- Delta Wildlife and Delta Farmers Advocating Resource Management
(Delta F.A.R.M.), two natural resource and conservation stewardship organizations serving the
Mississippi Delta, have announced that Tim Huggins has been named Executive
Director. Huggins has been a staff member at both organizations for more than a decade.
"Our Rice Stewardship Partnership has worked
closely with Tim for more than five years, and he's
got significant knowledge of the rice industry at the
local level," said Josh Hankins, USA Rice director of
the Rice Stewardship Partnership. "He knows how to
successfully deploy conservation programs in his
region, and his work has been vital to the success,
growth, and adoption of our partnership efforts in
Mississippi. We look forward to working with Tim
in his new role." Delta Wildlife was founded in
1990 by farmers, sportsmen, and business leaders to
establish an organization dedicated to the
conservation, enhancement, and restoration of the
wildlife and natural resources of the Delta and part-
Delta counties of northwest Mississippi. Delta
F.A.R.M., founded in 1998, is an association of

growers and landowners in the region that strive to implement recognized agricultural practices
to conserve, restore, and enhance the environment of northwest Mississippi.
USA Rice daily
China discovers earliest and largest rice paddy fields in the
world
2020-12-16 16:12:06CGTNEditor : Jing Yuxin
Chinese archaeologists have discovered the world's oldest rice paddies dating back to around
6,300 years.
The large expanse of prehistoric rice paddies was found in the city of Yuyao, east China's
Zhejiang Province.
Unearthed in the Shi'ao Ruins, about 7.5 kilometers away from the renowned Hemudu Site, the
paddies provide insight into the prehistoric society along the lower reaches of the Yangtze River.
The new discovery was announced over the weekend by the Zhejiang Provincial Institute of
Cultural Relics and Archaeology and the Ningbo Cultural Heritage Management Research
Institute.
The ancient fields cover an area of about 900,000 square meters, according to preliminary
research, but so far 7,000 square meters of land have been excavated.
"Archaeologists had found some smaller ancient paddy fields here in the past, with insufficient
evidence," said Wang Yonglei, a researcher with the Zhejiang Provincial Institute of Cultural
Relics and Archaeology, who was in charge of the on-site archaeological excavation at the Shi'ao
Site.
"[The rice paddies found at] the Shi'ao Site in Yuyao, Zhejiang are large with organized patterns.
They can be traced back to the early Hemudu Culture. This is the largest and oldest large-scale
ancient paddy field in the world," Wang said.

Archaeologists said that the paddies had different forms across three prehistoric periods,
spanning about 2,000 years. The oldest ones, featuring mounds of soil around their edges, date
back to around 4,300 BC during the early stage of the Neolithic Hemudu Culture.
Between 3,700-3,300 BC during the late stage of the Hemudu Culture, researchers found fields
with structurally clearer ridges, comprising of raised strips used as roads or demarcations.
Archaeologists also found newer paddies in a checkerboard type, with some complete with roads
and irrigation systems, which go back to 2,900-2,500 BC in the era of Liangzhu Culture.
The discovery of the paddy sites suggested that rice farming was already an economic pillar in
early Chinese cultures like Hemudu and Liangzhu.
"We discovered five prehistoric human village sites in an area of one square kilometer around
the rice fields," Wang added, noting that villagers nearby were likely to be those who farmed the
fields.
Researchers said they will continue their work on the historical roots of rice farming and look for
settlements that match the ancient rice fields of Shi'ao Site.
http://www.ecns.cn/news/culture/2020-12-16/detail-ihaetmvy3496822.shtml
Kellogg reveals new Rice Krispies Treats recipe
Photo: Kellogg Co.
12.15.2020
By Rebekah Schouten
BATTLE CREEK, MICH. — Kellogg Co. is introducing Rice Krispies Treats Homestyle, a new
version of Rice Krispies Treats inspired by a homemade recipe.
Rice Krispies Treats Homestyle are 50% larger than the original Rice Krispies Treats and contain
extra marshmallows. The bars are individually wrapped and come in both original and chocolate
varieties.
"We all have memories of our families and friends in the kitchen preparing for celebrations and
gatherings, and Rice Krispies Treats Homestyle look and taste like those memorable, homemade
treats we make together," said Sarah Reinecke, Director of Brand Marketing for Kellogg's
Portable Wholesome Snacks. "For anyone gathering virtually, we wanted to give our fans a treat
to enjoy the recognizable homemade taste that hearkens the emotions time together creates."

Rice Krispies Treats Homestyle will be available nationwide in January for a suggested retail
price of $3.19 for a box of six or $4.98 for a box of 12.
https://www.foodbusinessnews.net/articles/17505-kellogg-reveals-new-rice-krispies-treats-recipe
Italy establishing cultural center in Islamabad
DECEMBER 15, 2020
ISLAMABAD: The Italian Ambassador to Pakistan, Andreas Ferrarese said Tuesday that Italy
wanted to establish a culture center in Islamabad to further boost bilateral relations between the
two countries and let the people of Pakistan have better understanding of Italian culture.
The culture center would be established in the embassy of the country, the construction of which
is underway in the diplomatic enclave, he told APP in an exclusive interview.
―I want to open up a cultural centre, maybe in one part of the new embassy, and promote Italian
cuisine, art, paintings, music so that the Pakistanis can know more about Italy,‖ he said while
elaborating the motive for establishing the center.
He said that the construction for the new embassy building was underway and his priority task
was to supervise the construction process to complete it in stipulated time.
He underlined the importance of promoting cultural connectivity that would also help promote
bilateral trade. He said that he would also encourage exchange of students to further strengthen
bilateral relations.

The ambassador said that a new economic mission would also be deployed in Pakistan to
enhance trade and economic connectivity, saying that there was huge trade potential in different
sectors of economy which needed to be exploited.
He said that promotion of bilateral trade between the two countries to its full potential of US $.5
billion annually in the next three years from current US $ 1.7 billion was one of the top priorities
of his government.
Replying to a question he said Pakistan exports to Italy were US $.731million during fiscal year
2019-20 while Pakistan‘s major exports to Italy included textile, leather, rice, ethanol, including
textiles articles, sets, worn clothing, Cotton ,apparel, crocheted, Cereals, raw hides and skins,
leather, beverages, spirits and vinegar, Plastics, footwear and gaiters.
The ambassador said that during the fiscal year 2019-20, Pakistan‘s imports from Italy stood at
US $ 521 million and included ships, boats, and other floating structures, machinery,
pharmaceutical product, aircraft, spacecraft, electrical, electronic equipment, Organic chemicals,
iron and steel, miscellaneous chemical products, optical, photo, technical and medical apparatus.
He said currently, Italy was providing technical assistance in textiles, leather and marble sectors.
He said dairy and livestock, olive and olive products, plastics, processed food and construction
sector were the areas where Italy could extend its cooperation with Pakistan.
The Pak-Italy Joint Economic Commission was the forum for bilateral economic engagement
and was expected to meet in Rome in the last quarter of this year, he said adding Italy was also
supporting Pakistan in Generalized Scheme of Preferences (GSP+) status in every review by
European Union countries.
He informed that Pakistan has a share of 10 percent of trade with Italy in the whole contribution
with EU countries and in future both sides would extend more cooperation in trade and economy.
The ambassador informed that Italy has become the largest contributor from the EU in home
remittances to Pakistan.
https://dailytimes.com.pk/702074/italy-establishing-cultural-center-in-islamabad/
Amid Exports Recovery To US$2 B, Govt Plans To Increase
Lending In Housing Finance, SMEs For Jobs: Reza Baqar
Tue 15th December 2020 | 11:44 PM

The State Bank of Pakistan (SBP) Governor Reza Baqar Tuesday said the exports have
recovered to their pre-COVID monthly level of around $2 billion, with the strongest
recovery in textiles, rice, cement, chemicals, and pharmaceuticals
ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 15th Dec, 2020 ):The State Bank of
Pakistan (SBP) Governor Reza Baqar Tuesday said the exports have recovered to their pre-
COVID monthly level of around $2 billion, with the strongest recovery in textiles, rice, cement,
chemicals, and pharmaceuticals.
Pakistan needs to focus on competitiveness and reduce imports even further to support local
businesses, he added.
Addressing the plenary on "Pakistan's Economic Response to COVID-19 and Way Forward for
an Inclusive Economic Recovery" on the second day of the 23rd Annual Sustainable
Development Conference of the Sustainable Development Policy Institute (SDPI) here, the SBP
governor said to boost economic activity and job opportunities in the country, the SBP is
working with the banks to see that lending to Small and Medium Enterprises (SMEs) and
housing financing facilities are increased in collaboration with banks.

He said under the prime minister's instruction, the government has coordinated a consistent and
holistic policy to promote housing and construction sector. At the central bank's end, we are
working with the banks to help them support this sector, he added.
The governor of the central bank said, "India's economy has suffered sharp decline. Pakistan has
not been hard hit because the country controlled COVID-19 well and the government and SBP
took timely measures to stop bankruptcies from happening since that can lead to major and long-
term implications.
Now that demand is coming back from world market, our exporters were ready due to the
liquidity and smart lockdowns. What we need to focus on now is to increase our export-to-GDP
ratio." Dr Reza Baqir said under the TERF scheme, the SBP would refinance banks to provide
financing at a maximum end-user rate of 7% for 10 years for the purpose of new imported and
locally manufactured plants and machinery for setting up new projects and expansion for
existing projects/businesses.
As a country, we should be proud that the world is recognizing and acknowledging our success
in tackling the COVID-19 pandemic.
At the SBP, we are cautiously optimistic and seeing early signs of a promising recovery. We
should not be hostage to our past. As the 5th largest country in the world, we cannot let our
expectations for the future be limited by the problems of our past. We have to embrace the future
as a people that do not have any inherent constraints on their abilities to achieve economic
prosperity. So, we have to overcome the baggage of the past and grow optimistic. If we succeed
in becoming more forward looking and look at our true potential, we can have great prosperity
that will embrace us, he added.
Dr Baqar said; "The IMF, like the government, wants power sector reforms and reduction of
circular debt; second that tax collection should be automated and cases of abuse reduced so that
people are facilitated in dealing with tax authorities, plus to increase the tax net. Both the IMF
and the government want the same thing in this regard." Earlier speaking at a session on "Impact
of COVID-19 on Food Security: Challenges for Women", Androulla Kaminara, European Union
ambassador to Pakistan, said food is not insufficient in Pakistan, but it is inaccessible for the
poor and vulnerable classes and communities.

The EU ambassador also explained as to how COVID-19, poverty, gendered policies, and many
other factors are adding to the food insecurity and injustice towards women.
Rashid Mehmood, Additional Secretary for Ministry of National Food Security and Research
said Pakistan needs to promote multi-sectoral approach to address food insecurity in the country.
Wouter Plomp, the Ambassador of Netherlands in Islamabad, stressed the need to keep food
markets operational so that the food security can be improved and ensured.
Dr Aamer Irshad from Food and Agriculture Organization, termed the pandemic a global
situation and explained that how the economy and production is reducing due to COVID-19.
He highlighted that the bad weather, cost of production and imports are causing food inflation Dr
Pauline Oosterhoff, Institute of Development Studies, discussed as to how the COVID-19 has
increased the invisible burden for women as well as their unpaid responsibility. She said food is
really necessary for every kind of development.
Speaking at a session on Future of BRI in the Post-COVID World, Lt Gen Asim Saleem Bajwa
said small developing countries cannot afford packages what the developed countries have
allocated for their people to handle the pandemic. In these dire circumstances, BRI is a beacon of
hope and relief for the developing countries.
Xie Guoxian, the Chairman of ACEF, Beijing said China has changed the traditional concept of
development. From and unconventional point of view, he said, China emerged as a powerful
economic power and is also cooperating positively while recognizing all the difficulties of
Pakistan.
Xie Yuhong, Minister Counselor, Embassy of China in Islamabad, said COVID-19 implies that
all world should work together to overcome the challenges, including climate changes, etc. The
goal of the omniverse is same for all countries and all people.
Mudassir Tipu, Ministry of Foreign Affairs, said CPEC has finally successful in entering into its
second phase. Both Pakistan and China want to complete CPEC as soon as possible, he said.
Speaking at a session on Government of Tomorrow: Re-imagining the Role of Government after
COVID-19, SDPI Executive Director Dr Abid Qaiyum Suleri said communication creates

incentives for people through transparency of government policies and effectiveness of
bureaucracy.
Dr Fahmida Khatun, Executive Director, Centre for Policy Dialogue, Bangladesh said the current
situation emphasized upon the role of government on Green Economy rather than focusing on
high growth numbers because growth numbers like GDP is not a scale to measure the people's
welfare.
Dr Dushni Weerakon, Executive Director, Institute of Policy Studies, Colombo said COVID-19
has exposed real flaws in our system like limited rights to bureaucrats in implementing policy
and lack of integrated disaster management institutions to be prepared for any upcoming
disasters.
Speaking at a session on Accelerating SDGs Achievement and Building Back Better from
COVID-19 Pandemic in South Asia, Dr Nagesh Kumar, Director, UNESCAP, stressed the need
for national strategies to focus on building better rather than trying to re-establish the status quo
preceding the pandemic.
He also emphasized that regional cooperation could play an important role to national efforts.
Riaz Fatayana, Chairman Parliamentary Taskforce on SDGs respectively, talked about the social,
economic, and political challenges Pakistan is faced with and continues to do so due to
COVID19.
It was also discussed that the problems are universal and as such the efforts to address them
should be more holistic.
Romina Khurshid, member of the Task force called upon a joint parliamentary response by
South Asian parliaments on SDGs achievements.
Nazir Kabiri, Executive Director, Biruni Institute, Afghanistan, said Afghanistan is a fragile
economy even before the pandemic and relied heavily on external financing.
Dr Fahmida Khatun, Executive Director, CPD, Dhaka reiterated that some of the structural
challenges of South Asian economies are the same.
Prof Dr Sachin Chaturvedi, the Director-General, RIS, New Delhi said the local production
capacity of necessary protective gear and equipment has seen an unprecedented rise.

Dr Posh Raj Pandey, Executive Chairman, SAWTEE, Kathmandu, pointed out that the mixed
progress on SDGs in Nepal is now either erased or will slow down due to reallocation of
resources to COVID-19 impact.
Dr Dushni Weerakoon, Executive Director, IPS, Sri Lanka said the financial & economic fallout
of COVID-19 may further impact government programs and priorities as there will now be
reducing funding for already cash trapped countries.
Speaking at a session on Getting SDGs Back on Track: Innovative Solutions of Post-Pandemic
Recovery, Dr Khaqan Hassan Najeeb, Advisor to Ministry of Finance, stressed the need to
address corruption in procurement; we need to update the PPRE rules and ensure performance
audits to strengthen our response against the pandemic.
Dr Ather Osama, Advisor to Higher Education Commission of Pakistan, said due to lack of
technological innovation and awareness, public sector schools suffered the most during the
pandemic.
He added that HEC Pakistan launched two funding programmes during the pandemic for the
higher education, which included the Grand Challenge Fund (GCF) and the Local Challenge
Fund (LCF).
SDPI Joint Executive Director Dr Vaqar Ahmed suggested that although the G-20 Debt Relief
supported the developing countries during the pandemic, there is a need to improve local
resource funding to execute social development program schemes and for that we need to
improve public private partnership.
Dr Zubair Iqbal Ghauri, Pro Rector of National University of Modern Languages, said that
though 15% increase in A grade has been observed because of poor evaluation system of digital
learning, 12% decrease in grades of female students has also been reported during the pandemic
lockdown.
Ali Salman from PRIME proposed that the think tanks and academia need to collaborate
effectively and work through domestic resource mobilization. Think tanks need to focus more on
problem solving rather than advocacy.

Syed Muhammad Mustafa, Advisor GIZ GmbH, Pakistan, said that the social assistance
programmes launched by the government of Pakistan during COVID-19 have gained
international recognition.
He said the role of digital technology such as biometric CNIC system has helped to improve the
social assistance schemes in the country.
At another session titled: An Overwhelming Role of ICTs during COVID-19 Era and Beyond
Former Finance Minister Sartaz Aziz said that the ICT plays an important role in post-COVID
plan to overcome bigger challenges. A national plan of digital transformation should be
formulated with public-private partnership.
Dr Shaheen Sardar Ali, Rector of Higher Educational Academy, said complete transition to
online education is a journey into the unknown for students, teachers, universities and the society
at large. This requires policy role and capacity building of "doing by learning" and equal
opportunities for all students and teachers across the country.
Parvez Iftikhar, Member of Prime Minister's Task Force on ICTs, said COVID-19 has shown
that a high speed and large capacity Internet is a must to keep moving the wheels of economy,
health, education and other sectors of life. Only the optic fiber infrastructure can meet the
demand, which unfortunately, Pakistan is lacking at the moment.
Dr Faisal Shaheen, Senior Lecturer in Politics and Public Administration, University of Ryerson,
Canada said Trust and Coordination are key things in lockdowns who have forced employees
across all sectors to work from home to sustain operations and service deliveries resulting in
overloading ICT networks and creating information security problems.
Dr Adeela Rehman, Assistant Professor, Fatima Jinnah University, Rawalpindi suggested
blended learning which is a fusion of face to face and online experience. And interface of human
technology, motivation and structures and control.
Brig (retd) Mohammad Yasin from SDPI said in these difficult times, Information and
Communication Technologies (ICTs) played a key role in keeping the people informed about the
dangers and to adopt measures to fight the coronavirus.

At a session on Perspective on community resilience to violent extremism: challenges in the
Time of COVID-19, Dr Sehrish Qayyum from Lahore presented the challenges to community
resilience to violent extremism during the pandemic.
She elaborated the genetic lineages versus disturbance in social environment, psychosocial
reasons demarcating positive and negative results.
Dr Syed Hussain Shaheed Soherwordi from Peshawar University said when the world follows
SOPs to avert corona impact, the US, instead of taking it serious, is saying that it's a Chinese
virus and same attitude followed by the Indians and there is a high proportion of people who
suffered from the pandemic.
Dr Makki from National University of Science and Technology said that it's for very first time
observed how life changes. He said that we all have been shifted to e-chambers.
Dr Musferah from Lahore said that Muslim world is facing false accusations of violence,
extremism with social economic and political marginalization due to misinterpretation and
miscalculation of Islamic narratives.
Dr Farhan Zahid, CPO, Quetta, said in Pakistan some different trends of terrorism were
experienced; our government has taken different initiative to control it.
Speaking at a session on 'Rural Communities in the Fight against COVID-19, experts said rural
communities are most prone to the pandemic, therefore, a robust awareness and preparedness
campaign among these communities can help them save them from the pandemic.
Dr Pervez Tahir, Former Chief Economist, discussed as to how the rural community can be taken
on board during emergency, which, otherwise, always has been be a challenge.
Dr Rashid Bajwa, Nadir Gul Barech, Ms Shabana Iftikhar and Shandana Khan also spoke.
https://www.urdupoint.com/en/business/amid-exports-recovery-to-us2-b-govt-plans-t-
1115045.html
Pakistan, IMF on same page regarding power sector reforms,
circular debt‘
ByStaff Report

ISLAMABAD: State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Tuesday that the
International Monetary Fund, like the government, wants power sector reforms and reduction in
circular debt.
He was addressing the plenary on ‗Pakistan‘s Economic Response to Covid-19 and Way
Forward for an Inclusive Economic Recovery‘ on the second day of the 23rd Annual Sustainable
Development Conference of the Sustainable Development Policy Institute (SDPI).
The SBP governor said the country‘s exports have recovered to the pre-Covid monthly level of
around $2 billion, with strongest recovery seen in textiles, rice, cement, chemical, and
pharmaceutical sectors.
He stressed that Pakistan needs to focus on ways to improve competitiveness and reduce
dependency on imports in order to ensure sustainable growth.
―To boost economic activity and job opportunities in the country, the central bank is working
with the banks to ensure that lending to small and medium enterprises (SMEs) and housing
sector are increased.‖
He said the government has coordinated a consistent and holistic policy to promote the housing
and construction sector. ―At the central bank‘s end, we are working with the banks to help them
support this sector,‖ he added.

Dr Reza Baqir noted India‘s economy had suffered a sharp decline due to Covid-19 outbreak, as
compared to Pakistan, adding that the government and SBP had taken timely measures to stop
bankruptcies from happening since that could have led to long-term implications.
―Now that demand is coming back from the world market, our exporters are ready due to the
liquidity and smart lockdowns. What we need to focus now is to increase our export-to-GDP
ratio,‖ he concluded.
https://profit.pakistantoday.com.pk/2020/12/15/pakistan-imf-on-same-page-regarding-power-
sector-reforms-circular-debt/
Exports recover to pre-Covid levels
SBP governor says Pakistan needs to focus on competitiveness, import reduction
Our Correspondent
December 16, 2020
PM Task Force on IT member Parvez Iftikhar pointed out that Covid-19 had shown that
internet of high speed and large ca-pacity was a must to keep wheels of economy, healthcare,
education and other sectors moving. PHOTO: FILE
ISLAMABAD:
Exports have recovered to pre-Covid monthly levels of around $2 billion with the strongest
recovery in textile, rice, cement, chemical and pharmaceutical sectors, said State Bank of
Pakistan (SBP) Governor Reza Baqir.
Speaking at a session titled ―Pakistan‘s Economic Response to Covid-19 and Way Forward for
an Inclusive Economic Recovery‖ on Tuesday, Baqir said Pakistan needed to focus on
competitiveness and reduce imports even further to support local businesses.

The session was part of the 23rd Annual Sustainable Development Conference, organised by
the Sustainable Development Policy Institute (SDPI).
Baqir pointed out that in order to boost economic activities and job opportunities, the SBP was
working with commercial banks to ensure increase in lending to small and medium enterprises
(SMEs) as well as housing finance facilities.
―Under the prime minister‘s instruction, the government has drafted a consistent and holistic
policy to promote housing and construction sector,‖ he said. ―At our end, we are working with
banks to help them support this sector.‖
Baqir highlighted that India‘s economy had suffered a sharp decline, adding that Pakistan was
not hit hard because the country controlled Covid-19 well and the government and SBP took
timely measures to halt bankruptcies, which could have major and long-term implications.

―Now that demand is recovering in the global market, we need to focus on increasing export-
to-GDP ratio,‖ he said.
The central bank governor added that under the Temporary Economic Refinance Facility
(TERF), the SBP would refinance banks to lend at a maximum end-user rate of 7% for 10
years for the purchase of new imported and locally manufactured plant and machinery by
industrial units.
He stressed that as a country Pakistan should be proud that the world was recognising and
acknowledging its success in tackling the Covid-19 pandemic. He added that SBP officials
were cautiously optimistic and observing early signs of a promising recovery.
―The International Monetary Fund (IMF), like the government, wants power sector reforms
and reduction in circular debt,‖ he said. ―Secondly, it wants tax collection to be automated and
cases of abuse reduced so that people are facilitated in dealing with tax authorities and the tax
net widens.‖
Food security
Speaking at another session at the event, European Union Ambassador to Pakistan Androulla
Kaminara said that there was ample food available in Pakistan, however, it was inaccessible by
the poor and vulnerable classes and communities.
At the session titled ―Impact of Covid-19 on Food Security: Challenges for Women‖, she
talked about how Covid-19, poverty, gender policies and many other factors were adding to
food insecurity and injustice to women.
Ministry of National Food Security and Research Additional Secretary Rashid Mehmood
stressed that Pakistan needed to promote a multi-sectoral approach to address food insecurity.
Netherlands Ambassador Wouter Plomp underlined the need for keeping food markets
operational so that food security could be improved and ensured.
Food and Agriculture Organisation (FAO) official Dr Aamer Irshad explained how the
economy and production were deteriorating due to Covid-19. He highlighted that bad weather,
cost of production and imports were causing food inflation.

Institute of Development Studies official Dr Pauline Oosterhoff discussed how Covid-19 had
increased the invisible burden on women as well as unpaid responsibilities.
IT sector
At another session titled ―An Overwhelming Role of ICTs during Covid-19 Era and Beyond‖,
former finance minister Sartaj Aziz emphasised that information and communication
technology (ICT) played an important role in post-Covid plan to overcome bigger challenges.
―A national plan for digital transformation should be formulated through public-private
partnership,‖ he said.
Prime Minister‘s Task Force on IT member Parvez Iftikhar pointed out that Covid-19 had
shown that internet of high speed and large capacity was a must to keep wheels of economy,
healthcare, education and other sectors moving.
According to him, optic fibre infrastructure could alone meet the demand, however, Pakistan
was lagging behind.
Ryerson University Senior Lecturer of Politics and Public Administration Dr Faisal Shaheen
said that trust and coordination were key things in lockdowns, which forced employees across
all sectors to work from home to sustain operations and service deliveries. ―This resulted in
overloading of ICT networks and created information security problems,‖ he said.
https://tribune.com.pk/story/2276108/exports-recover-to-pre-covid-levels
APEDA organises workshop on ‘Opportunities in Export of
Organic Basmati Rice, Value Addition and Product
Diversification’
By Chennaivision in National News, News December 16, 2020
Considering the potential and prospects of export of Basmati rice, APEDA today organized a
Workshop on Opportunities in Export of Organic Basmati Rice, Value Addition and Product
Diversification‘ in New Delhi. to discuss and deliberate on the promotion of Basmati Rice,
Organic Basmati rice, product diversification and value addition in Basmati Rice.

APEDA has been continuously making efforts to ensure that the reputation attached to the name
Basmati is maintained throughout the supply chain right up to the retail level in the domestic
market as well as at a global level.
Followings are the key areas for possible expansion of rice exports from India:
1. Development of innovative products from rice to provide nutritional and health benefits
which can have a good share in the global market as well in the domestic market.
2. The products to be developed in a diversified and nutritionally enhanced manner to cater
for the preferences
Basmati rice continues to be one of the major agro-products of export from the country. The
quantity of export has gone up by about 17.5 % during the period April-October 2020 compared
to same period last year. The export prices of Basmati rice and accordingly of the paddy for
farmers are influenced by overall global food price trends and increase or decrease in supply.
In the last one decade, the volume of Basmati Rice Exports has more than doubled.
During 2019-20, India exported 4.45 million tonne (MT) of Basmati Rice with value of US $
4331 Million. During 2009-10, the export of Basmati Rice was of the order of 2.17 Million MT.
The major destinations for India‘s basmati rice exports include Saudi Arabia, United Arab
Emirates, Iran, European Union and the United States.
Overall exports of Basmati rice from the country continue to do well. APEDA proposes to
undertake a campaign in major markets to promote the export of Basmati rice in Indian Brands in
retail pack, aiming at higher unit value realisation and it was decided to prepare a Strategy for
product diversification and value addition in Basmati Rice.
However, continuous development of new varieties released by the Research Institutions like
Indian Agricultural Research Institute (IARI), Pusa, Delhi, Basmati Export Development
Foundation (BEDF) and the Agriculture Universities in the key Basmati growing states have
helped farmers in terms of higher productivity and greater resistance to lodging with stronger
stems. At present, there are 34 approved varieties of Basmati Rice being cultivated in the
country. Huge export potential exists for value-added products from rice.
In the workshop, Dr. M. Angamuthu Chairman APEDA, Shri Diwakar Nath Mishra, Joint
Secretary, Department of Commerce, Ms Shubra, Trade Advisor, MOA&FW and Dr. A.K.
Singh, Director, IARI addressed the participants during the inaugural session. Presentations
were made by the technical experts from Basmati Export Development Foundation(BEDF) on
importance of judicious use of Pesticide and PhytoSanitary Issues in Export of Basmati Rice,
Export Scenario of Basmati Rice by All India Rice Exporters Association (AIREA), Industry
perspective on Product Diversification. Scientist, IARI made the presentation on Potential of
Value Addition in Basmati Rice and an expert from Association of Indian Organic Industry made
the presentation on Export Potential of Organic Basmati Rice and detailed discussions were held
thereafter.

YB/AP / (Release ID: 1680808)
https://chennaivision.com/apeda-organises-workshop-on-opportunities-in-export-of-organic-
basmati-rice-value-addition-and-product-diversification/+&cd=1&hl=en&ct=clnk&g
Despite payment delays in Iran, India’s basmati exports up
33%
In Iran, the biggest buyer of Indian basmati, payments were held up as the country’s central
bank delayed allocation of the currency to traders to buy rice and other commodities.
S UB RAMANI M ANCO MB U
DECEMBER 15, 2020 / 05:58 PM IST
India‘s basmati rice exports continue to grow, especially to Iran, despite shippers facing payment
problems from the largest buyer of the fragrant grain.
―Basmati exports are doing very well. They are 30 percent higher this year compared with last
year,‖ former president of Delhi-based All India Rice Exporters Association (AIREA) Vijay
Setia said.
According to the Agricultural and Processed Food Products Export Development Authority
(APEDA), an arm of the commerce ministry, basmati exports in the first half of the current fiscal
were up 33 percent at 27.44 lakh tonnes compared with 20.57 lakh tonnes during the year-ago
period.Though the per unit value realisation was low at $885 a tonne against $1,061 last year, the
shipments have increased 17 percent in rupee value. In dollar terms, basmati shipments earned
$2.4 billion in the first half of the fiscal.

The rise in shipments comes on the heels of Pakistan making a bid to make inroads in the Iranian
market after India and other countries complained of payment delays.
―People are getting the payments for basmati exports from Iran but they are delayed. Shippers
raised a hue and cry when they were delayed. The concern over late payments remains,‖ said
Setia, also the executive director of Chaman Lal Setia Exports that sells basmati under Maharani
brand.
According to a multinational company‘s export official, basmati exporters were taking a risk by
selling to Iran but they had changed their strategy.
―Exporters are stocking up the rice and selling there. They have set up distribution points. This is
helping them continue exports,‖ the official said.
It also indicates that Pakistan's attempts were not paying off. Though India, which accounts for
70 percent of the world‘s basmati production, exports to more than 200 countries, Iran alone
accounts for 34 percent of the shipment.
In 2019-20, Iran was the biggest importer of basmati, buying 13.19 lakh tonnes valued at $1.23
billion compared with 14.83 lakh tonnes worth $1.55 billion the previous year.
In 2019-20, 44.54 lakh tonnes of basmati was imported against 44.14 lakh tonnes the previous
year. The earnings were, however, lower at $4.33 billion versus $4.72 billion.
In October this year, veteran Pakistani journalist Muhammad Ziauddin tweeted that Iran was in
the process of shifting its basmati rice import from India to Pakistan.

The 33 percent rise in basmati export comes after AIREA reported a drop in shipments during
the April-July period. The drop was reported at a time when prices were on the downswing due
to projections of higher production this year.
Basmati production was estimated to increase 10 percent this year to 6.13 million tonnes, mainly
on a five percent increase in the area under cultivation.
In Iran, payments were being held up as the country‘s central bank delayed allocation of the
currency to Iranian traders to buy basmati and other commodities. This initially prevented Indian
exporters from entering into new contracts.
AIREA said in June that 2.5 lakh tonnes of basmati valued at Rs 1,700 crore had got stuck at
Iranian ports. Payments from previous shipments were also pending, it said. This seems to be in
the past now.
The problem was on account of the slide in the value of the Iranian rial against the US dollar. It
dropped to one of its lowest in June, hit by the US sanctions that have derailed crude exports.
The country‘s revenue from oil has plunged to $8 billion from $100 billion in 2011.
The rial is now trading at 250,000 to the dollar, recovering from 300,000 in early October.
With Joe Biden taking over as the president in January, Iran is hoping that the situation will
improve, though it remains firm on its missile programme, which had invited sanctions.
(Subramani Ra Mancombu is a journalist based in Chennai who writes on commodities and
agriculture)
FIRST PUBLISHED: DEC 15, 2020 05:52 PM

Technical View: Nifty forms Spinning Top pattern, continue
with long side opportunities
Traders should look only for long-side opportunities until some strong reversal signs are visible,
Mazhar Mohammad of Chartviewindia.in says.
S UNIL S H ANKA R MAT K AR
The Nifty50 continued to trade higher after early volatility and closed at a new high again on
December 17 as global cues remained positive on the US Fed's decision to keep rates unchanged
and assurance of continued support.
The index closed above 13,700 and formed a small-bodied bullish candle that resembled a
Spinning Top pattern on the daily charts. A Spinning Top is often regarded as a neutral pattern
that suggests indecisiveness in the market. It can be formed in an uptrend as well as a downtrend.
The volatility below 20 levels indicated that the bulls are still in control of Dalal Street. India
VIX was marginal down by 0.22 percent from 19.20 to 19.15.
Experts say the positive bias is likely to continue in the coming sessions amid volatility and the
index may march towards the 14,000-mark.
For the time, as sell signals on technical indicators and oscillators of lower time-frame charts are
getting whipsawed, Mazhar Mohammad of Chartviewindia.in advised traders to look only for
long side opportunities until some strong reversal signs are visible.

The Nifty50 started off higher at 13,713.55 and turned volatile to hit the day's low of 13,673.55
but immediately rebounded. It extended gains to hit a fresh record high of 13,773.25 though
there was some marginal profit-taking in the late trade. The index rose 58 points to 13,740.70.
"The bulls continued their heroic efforts by scaling new peak day after day. However, trading
range continued to remain narrow with 100 points with indecisive formations for last five trading
sessions," Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory at
Chartviewindia.in told Moneycontrol.
If the bulls fail to sustain above 13,673 in the next session, then some pause can be expected but
if they manage to push the index beyond 13,773, then a target of 13,900–14,000 can be expected.
On the downsides, if the index closes below 13,673 then it may extend the weakness initially
towards 13,522 levels.
The options data indicated that the trading range has been shifted higher from 13,400-13,800 to
13,500 to 14,000 for the coming sessions.
On the option front, maximum Put open interest was seen at 13,000 followed by 13,500 strike,
while maximum Call open interest was at 13,000 followed by 13,500 strike. Marginal Call
writing was seen at 14,100 then 14,000 strike, while Put writing was seen at 13,500 then 13,700
strike.
The Bank Nifty opened positive at 30,791.20 but remained consolidative in a 300-point range in
between 30,643.90 and 30,945.20. The index gained 148.60 points at 30,847 and formed a small-
bodied bullish candle on the daily scale as buying was visible at lower zones but at the same
time, the hurdle is intact at higher levels.

"The Bank Nifty has to continue to hold above 30,500 to witness an upmove towards 31,000
then 31,200, while on the downside, supports are seen at 30,350 then 30,200 levels," Chandan
Taparia, Vice President | Analyst-Derivatives at Motilal Oswal Financial Services said.
Positive setup was seen in Jubilant Foodworks, Page Industries, SRF, Berger Paints, HDFC,
Bajaj Finance, Bharat Electronics, Divis Labs and TCS while weakness was seen in PNB, BOB,
RBL Bank, Maruti Suzuki, PVR and Petronet LNG, he added.
Budger carrier SpiceJet on December 17 announced the launch of 30 new domestic flights,
including six new flights from Darbhanga in Bihar, that will start operating in a phased manner
from December 20, 2020.
SpiceJet will launch flights connecting Darbhanga with Ahmedabad, Pune and Hyderabad.
While the flights on Ahmedabad-Darbhanga-Ahmedabad will operate daily, flights on Pune-
Darbhanga-Pune and Hyderabad-Darbhanga-Hyderabad will operate on all days except
Saturdays, the airline said in a statement.
The company had on November 8, 2020, launched daily direct flights connecting Darbhanga,
which is the airline‘s 13th UDAN destination, with Delhi, Mumbai and Bengaluru, and is the
first and only airline operating to the city.
The airline has also launched new flights on Hyderabad-Vishakhapatnam-Hyderabad, Chennai-
Shirdi-Chennai, Kolkata-Goa-Kolkata, Ahmedabad-Gwalior-Ahmedabad and Kolkata-Port
Blair-Kolkata sectors.
"SpiceJet will also augment its operations by adding second frequencies on the Hyderabad-Goa-
Hyderabad, Bengaluru-Shirdi-Bengaluru, Chennai-Guwahati-Chennai, Mumbai-Goa-Mumbai,
Ahmedabad-Goa-Ahmedabad and Mumbai-Kandla-Mumbai sectors besides Mumbai-Guwahati
and Guwahati-Kolkata," the statement said.

The airline will deploy a mix of its Boeing 737 and Bombardier Q400 aircraft on these routes.
The European Union's top court ruled on December 17 that Volkswagen breached the law by
installing on its cars a so-called defeat device to cheat on emission tests and cannot argue it was
merely protecting car engines.
The scandal known as ―Dieselgate" erupted five years ago when the U.S. Environmental
Protection Agency found that Volkswagen had installed special software to rig U.S. emissions
tests for its latest ―clean diesel‖ vehicles.
The German car manufacturer admitted to fitting millions of cars with the device and it turned
out that the use of the cheating software had not been isolated to the U.S. In Europe, it had
argued that the software could be justified by the fact that it helps protect the engine over time.
Volkswagen was referred to as ―company X‖ in the court ruling, which established that ―a
manufacturer cannot install a defeat device which systematically improves, during approval
procedures, the performance of the vehicle emission control system and thus obtain approval of
the vehicle."
https://www.moneycontrol.com/news/business/markets/despite-payment-delays-in-iran-indias-
basmati-exports-up-33-6231291.html
USC Continues Passing On Govt Subsidy To People
Wed 16th December 2020 | 03:54 PM
Utility Store Corporation (USC) is successfully passing on the government subsidy to the
common people across the country to provide basic items at affordable price
ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 16th Dec, 2020 ) :Utility Store
Corporation (USC) is successfully passing on the government subsidy to the common people
across the country to provide basic items at affordable prices.

According to the official, USC is providing five staple food iteMS(Wheat flour, pulses, rice,
ghee and Sugar) at subsidized rates,successfully transferring government's subsidy to the people
of the country.
The official informed that since January, 2020, USC has served 40.28 million households by
ensuring supply of staple food items at subsidized rates.He told that sugar remained available in
the Utility Stores outlets at Rs. 68 per kilogram, Wheat Flour at Rs. 800 per 20 kilogram, Ghee at
Rs.170 per kilogram, Super Basmati Rice at Rs.140 per kilogram, Sella Rice at Rs. 139 per
kilogram, Dal Channa at Rs. 130 per kilogram, White Gram at Rs. 115 per kilogram throughout
the year 2020.He also said that a pilot project of deployment of point of Sale (POS) system was
successfully executed at 10 utility stores and "we have successfully completed data
transformation of all USC saleable items with bar codes to be used with warehousing and POS
system".
He said that USC would achieve another milestone of acquiring approximately Rs.
100 billion turn over by year end as USC has previously achieved Rs. 22 billion, highest ever
sales in USC history during the month of Ramadan.
https://www.urdupoint.com/en/pakistan/usc-continues-passing-on-govt-subsidy-to-peop-
1115612.html

Commodity Exchange begins trading of rice on
platform
Date: Dec - 16 - 2020 , 09:39
BY: Emmanuel Bruce
The Ghana Commodity Exchange (GCX) has commenced trading of rice on its electronic
trading platform.
This brings the number of commodities traded on the exchange to five, with the four others being
maize, soya bean, sorghum and sesame.
The GCX was established two years ago to help transform and standardise commodity trading in
the country.
At the launch of the programme in Accra, the Chief Operating Officer of the GCX, Mr Robert
Dowuono Owoo, said it was a structured marketplace where buyers and sellers of agricultural
commodities met to transact business using modern and innovative technology.
He said the local rice industry was very key to the commodity value chain, since almost all
regions in the country cultivated rice, a staple food.
He said it was, therefore, necessary for the industry to be well developed to ensure that the rice
value chain benefited from the marketing structures put in place by the GCX, adding: ―I hope
this will be a win-win situation for everyone in the local rice value chain.‖
Fair market
The Chief Executive Officer of the GCX, Mrs Tucci Goka Ivowi, said since its inception in
2018, the exchange had been working with key stakeholders to develop commodity value chains
to add value to the lives of farmers by creating a transparent and fair market.
She said the establishment would support rice farmers to reduce post-harvest losses, have access
to affordable drying, cleaning and weighing facilities, while selling their commodity by weight

and grade and also packaging it to increase appeal, as well as have access to the financial market
through its warehouse receipt system.
―This will enable farmers to gain access to affordable credit using their commodity as collateral.
Rice farmers will also benefit from a modern, efficient trading platform where they can be linked
to a larger pool of buyers.
―They will receive prompt payment 24 hours after selling, and also have access to price
information that will help them make sales decisions. The grains will also be insured against
quality degradation and natural disasters,‖ he added.
For buyers, she said, the exchange would guarantee the quality and the quantity of the
commodities they purchased.
‗They will also receive assurance on food safety and traceability to where commodities are
produced. In addition, buyers can easily find sellers, thereby reducing their marketing and
transaction cost,‖ Mrs Ivowi added.
Timely intervention
The Vice-President of the Commodity Brokers Association, Mr Jeffery Nkansah, said as brokers,
the critical challenge they faced in mobilising grains for export was quality.
According to him, it was difficult for them to guarantee constant quality in terms of moisture
content and aflatoxins when they were aggregating from smallholder farmers.
―So the introduction of the exchange is a timely intervention to ensure that quality is guaranteed
for us from the warehouse. Once we have joined the exchange, we can see our business grow
because now we can take on constant orders from our clients without necessarily bothering about
quality.

―Ghana has strong prospects for local rice, but this has failed to materialise. As we launch the
trading of rice, we believe this will be a critical step in developing the needed local infrastructure
to support the production and eating of rice,‖ he said
https://webcache.googleusercontent.com/search?q=cache:3gDW2tH898QJ:https://www.graphic.
com.gh/business/business-news/commodity-exchange-begins-trading-of-rice-on-
platform.html+&cd=1&hl=en&ct=clnk&gl=pk
Rice exporters have bumper year, VN becomes No 1 in the
world
Chia sẻ | 16/12/2020 14:00 GMT+7
The year 2020 has been a challenging year for many business fields, but not for rice production
and exports. Vietnam has surpassed India and Thailand in terms of rice export price.
In the beginning of 2020, Vo Tong Xuan, a respected rice expert, predicted that Vietnam would
have a prosperous year in rice exports with increases in both export volume and price.
At that time, chair of the Thailand Rice Exporters Association Charoen Laothamatat shared the
same view, saying that Vietnam may surpass Thailand in rice exports in the context of stiff
competition in the market. The production cost in Thailand has become increasingly high, the
baht is fluctuating, and the production is threatened by drought.
And the prediction was true. While the export of other farm produce slowed down in the first
months of the year because of Covid-19, the export of rice saw a boom with a two-digit growth
rate.
In the first two months of the year alone, Vietnam exported 66,222 tons of rice with export
turnover of $37 million to the Chinese market, while the figure was 9,534 tons only, worth $4.5
million, which means a 600 percent growth rate.
The growth rate was described as unprecedented in the history of exporting rice to the 1.4 billion
people market.
And in mid-May, Vietnam officially surpassed Thailand in rice exports. The Thailand Rice
Exporters Association reported that Vietnam exported 2.9 million tons worth $1.41 billion, while

Thailand exported 2.57 million tons by that time.
With these achievements, Vietnam jumped to second position in rice exports.
In mid-August, Vietnam‘s rice once again made a record. The Vietnam Food Association (VFA)
then reported that Vietnam‘s 5 percent broken rice was traded at $493-497 per ton, while the rice
of the same type at $473-477 per ton. Pakistan sold rice at $423-427 per ton and India $378-382.
According to the association, Vietnam‘s 5 percent broken rice price was the highest among the
three rice export powers, namely Vietnam, Thailand and India. It was higher by $20 per ton than
Thailand‘s, $70 than Pakistan‘s and $115 than India‘s.
In November, Vietnam‘s rice price for the third time surpassed the price of the same type of
Thailand and India. In early December, Vietnam‘s 5 percent broken rice was offered at $493-497
per ton, higher than Thailand‘s ($475-485) and India‘s ($366-370).
Vietnam’s 5 percent broken rice price was the highest among the three rice export powers,

namely Vietnam, Thailand and India. It was higher by $20 per ton than Thailand’s, $70
than Pakistan’s and $115 than India’s.
Experts said the demand for storing rice from many countries is increasing, predicting that the
export volume of 6 million tons this year is within reach.
Meanwhile, Vietnam‘s ST 25 rice was recognized as the most delicious rice variety in the world.
Farmers earn big money
Vietnamese rice farmers have had a prosperous year. The demand is so high that merchants come
directly to the fields to collect rice, and many of them place orders while rice is unripe.
Head of the Department of Crop Production Nguyen Nhu Cuong told VietNamNet that the
harvesting of the winter-spring crop in the Mekong Delta has finished and farmers now sell rice
at VND1,000 per kilogram higher than last year.
Farmers have had the most bountiful crop ever this year. Mekong Delta farmers have 1.54
million hectares of winter-spring rice and the average yield is 70 quintals per hectares, even
higher than 2018.
The winter-spring crop in the coastal areas in the south of the central region and Central
Highlands also shows a record high yield.
Nguyen Van Tam in Trung Thanh commune of Can Tho City said 2020 has been a rarely
prosperous year for farmers as rice crops have not faced historic drought and saline intrusion.
And the yield has been high, rice has sold well, and the selling price is high.
Tam‘s family had 6 hectares of autumn-winter crop this year. Merchants came when the rice was
unripe and placed orders at VND5,700 per kilogram, or VND700 higher than the previous year.
In fact, saline water intruded more deeply and earlier than in previous years. However, farmers,
who were warned of early saline intrusion, now have better experience to cope with saline and
were able to avoid the problem.
The sowing was carried out 15-30 days earlier, while farmers used short-term drought and saline
resistant rice varieties.
Do Ha Nam, deputy chair of the Vietnam Food Association, commented that Vietnam‘s strategy
on rice variety restructuring has brought achievements.
Farmers have increased the cultivation of fragrant high-price rice to sell to large markets such as
Japan, South Korea and European countries.
Tam An
https://vietnamnet.vn/en/feature/rice-exporters-have-bumper-year-vn-becomes-no-1-in-the-
world-697604.html

Scores of mill owners from India were left devastated after 6,000 tonne of rice shipped by them
to Dubai in 250 containers vanished between March and April last year. Picture for illustrative
purpose only. Image Credit: Supplied
Dubai: A fraudster behind a 6,000 tonne rice scam uncovered by Gulf News last year has been
found guilty by a Dubai Court. The Indian expat, K.M, has been sentenced to six months in
prison and also ordered to pay $1.20 million to one of his victims. The 52 year old will be
deported after serving his jail term, court documents show.
Scores of mill owners from India were left baffled and devastated after 6,000 tonne of rice
shipped by them to Dubai in 250 containers vanished between March and April last year. Their
collective loss was estimated to be over Dh15 million.
In August 2019, Dubai‘s Public Prosecutor ordered a probe into the audacious theft less than a
month after Gulf News broke the story.
The conviction and sentence follows a detailed investigation into the scam by Dubai Police who
arrested K.M. in March this year. He has since been out on bail.
Vipin Goel, one of six Indian exporters, who took the legal route against K.M. said, ―I have
immense faith in the judicial system of the UAE and hope to get a similar verdict in my case.‖
Goel is the owner of Kamla Rice and General Mills, headquartered in Karnal, a city in the north
Indian state of Haryana. The export house lost $1.1 million worth of rice which was shipped in
17 containers to Dubai-based Al Rawnaq Al Thahabi General Trading. Farag Deifalla, legal
consultant at Yousif Alhammadi Advocates and Legal Consultancy which represents some of the
victims said K.M. has been ordered to pay $120,7855 to their client KG Industries. ―We are
awaiting judgement in other cases,‖ Deifalla told Gulf News on Tuesday.
Harman Rice ($553,640); Amritsar Riceland ($451,250) Aarna Foodstfuff ($289,925), AS Impex
($287,985) and Heera Rice Mills ($131,435) are among several other Indian companies which
also supplied rice to Al Rawnaq Al Thahabi, represented by K.M.
The exporters were given telegraphic transfer [TT] receipts by a money exchange house as
‗proof‘ that their payments were being electronically remitted to their banks in India. But the
money never arrived.
Investigations by Gulf News revealed that as many as 23 TTs worth Dh15.38 million got
cancelled after cheques issued against them bounced because of insufficient funds.
By the time panicked exporters rushed to Dubai, it was too late. Al Rawnaq‘s rented warehouse
in Al Quoz where the rice containers were delivered was empty as was the company‘s office at
XL Tower in Business Bay.
The company‘s owner, Tariq, who projected himself as a multi-millionaire, also disappeared.

―When I came to Dubai, Tariq invited me to his sprawling six bedroom villa for dinner and sent
a chauffeur-driven SUV to pick me up from the hotel. I was impressed,‖ recalls Goel.
―At his house, I met his wife, son and mother for whom I carried gifts. In fact, her mother
lovingly put her hand on my head to bless me. Everything was a farce.‖
https://gulfnews.com/uae/crime/fraudster-behind-rice-scam-uncovered-by-gulf-news-sentenced-
to-jail-1.75914141+&cd=1&hl=en&ct=clnk&gl=pk
GIEWS Country Brief: Thailand 16-December-2020
FormatNews and Press Release
Source
 FAO
Posted:16 Dec 2020
Originally published :16 Dec 2020
Origin:View original
Attachments
 Download document(PDF | 127.91 KB)
FOOD SECURITY SNAPSHOT
1. Aggregate 2020 rice production forecast at below-average level
2. Rice exports in 2020 forecast to contract compared with 2019 level
3. Prices of rice decreased between May and October 2020, but remain above year-earlier levels
Aggregate 2020 rice production forecast at below-average level

Harvesting of the 2020 main (mostly rainfed) paddy crop,
accounting for about 70 percent of the annual output,
started in October and will finalize next January. The
May-October rainy (monsoon) season was characterized
by an erratic temporal and spatial distribution. In the main
rice producing areas in the northeastern and northern parts
of the country, despite being below average, the cumulative
monsoon precipitation amounts exceeded the level of 2019.
Improved rainfall, coupled with fewer flood-related crop
losses, is estimated to have facilitated near-average yields.
In the central plains, where most of the paddy is irrigated,
low availability of irrigation water, led to a reduction in the
area planted. The 2020 secondary (irrigated) crop will be
planted from early January and low irrigation water
availabilities is likely to constrain planted area to
below-average levels. Overall, the 2020 aggregate paddy
output is forecast at 29.4 million tonnes, 4 percent below
the five-year average and slightly above the 2019 level, when prolonged dry weather
conditions reduced production of both main and secondary crops.
Harvesting of the 2020 main crop in nearing completion and the output is estimated at an
above-average level, mostly reflecting large plantings, supported by the strong demand from
the local feed industry. Weather conditions at critical growing stages were generally
favourable and benefitted yields. The 2020 secondary maize crop, for harvest next February,
is growing under generally favourable weather conditions. Overall, the aggregate 2020 maize
production is forecast at an above-average level of 4.8 million tonnes.
Rice exports in 2020 forecast well below average
In calendar year 2020, rice exports are forecast at 5.6 million tonnes, 26 percent below the
2019 level.
Prices of rice decreased between May and October 2020, but remain above year-earlier
levels
Domestic prices of rice registered sharp increases between January and April 2020, supported
by the reduced output in 2019 and the strong domestic demand at the onset of the COVID-19
pandemic. Subsequently, prices decreased by around 20 percent between April and October
2020, reflecting adequate market availabilities and muted demand for exports. In November
2020, prices of rice registered small increases and were well above their year-earlier levels.
https://reliefweb.int/report/thailand/giews-country-brief-thailand-16-december-202

Flash flood didn’t affect paddy rice production
Sar Socheath / Khmer Times
December 16, 2020
The floods in September and October. A farmer rescues flood-damaged paddy in Banteay
Meanchey province. MAFF
The flash flooding from September to October didn‘t affect the growth of Cambodian paddy rice
production in 2020, said the Minister of Agriculture, Forestry and Fisheries Veng Sakhon.
After discussing and verifying the data with all the provincial departments of agriculture, forestry
and fisheries, a preliminary estimate of the amount of paddy rice production in 2020 will be
one of continued growth, he added.
The new rain-fed paddy-rice yield forecast for this year compared with last year recording will
increase 3.8 percent – 327,397 tonnes.
―This year our rain-fed paddy rice production will reach 8,596,877 tonnes, while last year, it was
8,269,480 tonnes‖, he said.

The average yield of rain-fed rice in 2020 is 3,122 kilogrammes a hectare, higher than in 2019,
when it was 3,095 kilogrammes a hectare, he added.
According to the ministry report, flash flooding in September and October affected a total of
304,821 hectares – 10.92 percent of the total 2,790,829 hectares of cultivated rice fields in the
country. A total of 179,051 hectares were saved but 125,779 hectares were completely destroyed.
The most seriously affected provinces were Posat, Battambang, Banteay Meanchey and
Kampong Thom.
Sakhon said the leadership of the government, the ministry and all stakeholders are strongly
committed to rehabilitating all damaged paddy rice fields. At the same time, more than 6,434
tonnes of rice seeds have been distributed to farmers to grow new crops.
A total of 64,179 hectares – about 89.68 percent – have been rehabilitated and will produce crops
in the coming harvest season
Sam Ran, a 56-year-old farmer in Sangke district, Battambang province, said he and other
villagers who have received seed from the government are replanting and hope to get the crop in
before January next year.
― I have a total of five hectares and I finished my replanting
in early November,‖ Sin Am, a farmer in Bakan district, Posat province, said.
https://www.khmertimeskh.com/50793709/flash-flood-didnt-affect-paddy-rice-
production/+&cd=1&hl=en&ct=clnk&gl=pk
Mekong Delta economy struggles to grow
By Vien Thong
December 16, 2020 | 01:00 pm GMT+7
A farmer carries a bag of rice in Hau Giang Province the Mekong Delta region in March 2020.
Photo by VnExpress/Nguyet Nhi.
The Mekong Delta region‘s economic growth has been slow for decades due to poor
infrastructure and lack of participation in global supply chains.
In 1990 Ho Chi Minh City‘s GDP was two-thirds of the delta‘s, but this ratio is now reversed,
according to a report by the Vietnam Chamber of Commerce and Industry (VCCI) and Fulbright
University Vietnam.

The region is the nation‘s rice basket and has been mostly focusing on agriculture and tardy in
transitioning to other industries with higher productivity, it said.
It failed to foster an agricultural economy with supply chains and therefore failed to bring
prosperity to its inhabitants, it added.
Vu Kim Hanh, chairwoman of the High Quality Vietnamese Product Business Association, said
that the region‘s 12 provinces and one city account for nearly 20 percent of Vietnam‘s
population but only 8 percent of its businesses.
Nguyen Phuong Lam, director of VCCI Can Tho, said one of the reasons for the high outward
migration from the delta is its underdeveloped infrastructure, which is precluding investment in
manufacturing.
As a result, there is no increase in the number of jobs available while the working age population
is rising, forcing many people to migrate to find work, he added.
The report said if government‘s policies for the region stay the same and businesses keep doing
what they have been doing, the region would continue to fall behind.
Officials from the region said at the forum they are seeking to bring local products into the
global supply chain through selling them on e-commerce platforms like Alibaba, Amazon and
Shopee.

The delta accounts for 17.7 percent of the country‘s GDP, 54 percent of rice production, 60
percent of fruits and 70 percent of seafood, according to official figures.
https://e.vnexpress.net/news/business/economy/mekong-delta-economy-struggles-to-grow-
4207153.html
Bulog Launches Rice Made of Cassava Named Besita
Translator:
Dewi Elvia Muthiariny
Editor: Petir Garda Bhwana
16 December 2020 09:12 WIB
TEMPO.CO, Jakarta - State Logistics Agency (Bulog) President Director Budi Waseso launched a new
rice product made of cassava dubbed Besita or Beras Singkong Petani (Farmers‘ Cassava Rice). He
explained the launching was aimed to facilitate the marketing of the product in an effort to support
national food diversification.
―Indonesia is one of the largest producers of cassava in the world, and the commodity is very
abundant in this land, so it needs an innovation to create alternative food besides rice,‖ said
Budi in a statement here on Tuesday, Dec. 15.
Budi said the country‘s rich potential in cassava production must be used to support the
government, particularly the Agriculture Ministry, in succeeding the food diversification
program. The program was initiated since Indonesians are still highly dependent on rice as the
main source of carbohydrates, which could trigger food security issues.
According to the former head of the National Narcotics Agency (BNN), 85 percent of the
world‘s cassava production areas spread over Sumatra, Maluku, Sulawesi, Papua, and Java
with high productivity levels.
Bulog was also collaborating with the Assessment and Application of Technology Agency
(BPPT) and the Indonesian Cassava Society (MSI) to develop cassava-based rice which is
made of 80 percent of cassava flour and 20 percent of tapioca flour using extrusion technology.
Besita contains equal amounts of carbohydrates (energy) with rice and has a similar shape and
taste to rice so that it is expected to meet consumers‘ palate
.
https://en.tempo.co/read/1414895/bulog-launches-rice-made-of-cassava-named-besita

Rice Prices
as on : 16-12-2020 03:32:55 PM
Arrivals in tonnes;prices in Rs/quintal in domestic market.
Arrivals Price
Current %
change
Season
cumulative
Modal Prev.
Modal
Prev.Yr
%change
Rice
Kanpur(Grain)(UP) 370.00 15.62 11225.00 2250 2265 3.45
Hardoi(UP) 260.00 -3.7 12852.80 2200 2180 -10.20
Sultanpur(UP) 200.00 -20 11537.00 2375 2350 2.15
Choubepur(UP) 156.00 -4.29 8275.20 2250 2285 -4.66
Etawah(UP) 150.00 7.14 5373.50 2275 2275 -10.78
Raibareilly(UP) 145.00 30.63 3261.50 2310 2310 -2.12
Mainpuri(UP) 145.00 314.29 7000.50 2540 2560 -1.55
Azamgarh(UP) 120.00 -4 10047.70 2440 2465 -0.41
Fatehpur(UP) 105.00 11.11 3162.30 2310 2300 -2.74
Lakhimpur(UP) 100.00 -23.08 6953.80 2130 2120 -11.25

Kasimbazar(WB) 83.00 0.61 2631.50 2630 2600 NC
Bharthna(UP) 80.00 128.57 2087.00 2320 2330 -9.02
Madhoganj(UP) 70.00 55.56 5111.00 2150 2130 -6.52
Kandi(WB) 68.00 -2.86 3833.50 2750 2750 5.77
Sindhanur(Kar) 65.00 -43.48 1366.00 3300 2600 -
Allahabad(UP) 65.00 18.18 3342.00 2200 2200 -18.52
Kopaganj(UP) 61.00 -6.15 3378.00 2450 2460 0.20
Ballia(UP) 60.00 -25 4838.00 2260 2210 -4.24
Manvi(Kar) 55.00 22.22 3013.00 1650 1651 -9.84
Sahiyapur(UP) 55.00 -8.33 3364.50 2450 2450 -0.81
Barhaj(UP) 55.00 10 10564.00 2460 2460 2.93
Basti(UP) 50.00 25 3458.50 2430 2430 -1.62
Mawana(UP) 50.00 150 1178.20 2800 2830 5.66
Agra(UP) 50.00 11.11 3493.00 2560 2570 NC
Bankura Sadar(WB) 42.00 5 2932.00 2500 2500 -3.85
Aligarh(UP) 40.00 -11.11 5807.00 2540 2550 -0.39

Chintamani(Kar) 39.00 225 725.00 2000 2100 -13.04
Atarra(UP) 38.00 -5 1359.50 2430 2420 10.45
Pandua(WB) 38.00 -15.56 1594.00 3150 3150 1.61
Bahraich(UP) 36.20 -4.74 2292.80 2330 2330 -5.28
Gorakhpur(UP) 36.00 -10 2771.00 2435 2460 -1.42
Shamli(UP) 35.00 -14.63 2721.90 2785 2780 4.50
Mathura(UP) 34.00 6.25 3642.50 2550 2560 -0.39
Gazipur(UP) 33.00 -23.26 2583.50 2900 2900 -9.38
Firozabad(UP) 31.00 29.17 2947.00 2575 2595 0.98
Durgapur(WB) 30.20 NC 1485.60 2850 2850 5.56
Ghaziabad(UP) 30.00 -25 4090.00 2850 2850 NC
Kayamganj(UP) 30.00 -6.25 2152.00 2260 2250 -17.82
Asansol(WB) 30.00 -3.85 1756.22 2850 2900 -1.72
Faizabad(UP) 28.00 12 2399.50 2300 2300 -2.13
Sitapur(UP) 28.00 3.7 889.30 2120 2100 -13.65
Muzzafarnagar(UP) 27.00 -6.9 3315.00 2785 2785 3.92

Nawabganj(UP) 26.00 8.33 1220.00 2300 2300 -4.96
Pratapgarh(UP) 25.00 NC 1042.00 2385 2390 -0.63
Muradabad(UP) 25.00 -19.35 2807.00 2350 2360 -9.62
Naugarh(UP) 25.00 NC 1880.00 2420 2420 -4.91
Pukhrayan(UP) 25.00 -16.67 1008.50 2180 2170 NC
Partaval(UP) 25.00 11.11 1233.50 2450 2455 2.08
Chorichora(UP) 25.00 8.7 2106.00 2420 2435 -4.91
Balrampur(UP) 20.00 -9.09 2127.00 2300 2300 6.98
Sehjanwa(UP) 20.00 100 3885.50 2440 2440 NC
Islampur(WB) 20.00 -4.76 786.80 2800 2800 -24.32
Indus(Bankura Sadar)(WB) 20.00 33.33 1334.00 2800 2800 NC
Sirsaganj(UP) 18.50 -2.63 1923.00 2540 2530 -3.79
Medinipur(West)(WB) 18.00 12.5 353.00 2900 2900 -3.33
Jafarganj(UP) 17.00 -10.53 1682.00 2340 2300 -7.14
Farukhabad(UP) 16.00 14.29 1686.00 2250 2280 -18.18
Raiganj(WB) 16.00 -5.88 763.50 2700 2700 -26.03

Utraula(UP) 13.00 -13.33 1640.60 2300 2300 -
Karvi(UP) 13.00 30 860.00 2420 2425 3.86
Rampurhat(WB) 12.20 -0.81 329.90 2610 2610 6.97
Karanjia(Ori) 12.00 60 63.00 2460 2460 -
Etah(UP) 12.00 50 709.50 2560 2570 NC
Tulsipur(UP) 12.00 -11.11 419.10 2300 2300 -
Tundla(UP) 12.00 NC 554.50 2580 2560 0.39
Mohamadabad(UP) 11.50 -4.17 1107.40 2280 2270 -12.98
Banda(UP) 11.00 NC 696.00 2410 2430 5.70
Kasganj(UP) 10.00 -16.67 569.00 2560 2540 -0.78
Ajuha(UP) 9.00 12.5 767.00 2220 2220 -11.20
Vilthararoad(UP) 9.00 50 271.00 2100 2100 -2.33
Bolangir(Ori) 8.20 - 16.40 3400 - -
Devariya(UP) 8.00 -5.88 1130.30 2440 2460 -4.13
Naanpara(UP) 7.80 -9.3 689.30 2330 2330 3.56
Badayoun(UP) 7.00 -12.5 1276.50 2375 2370 -9.18

Lucknow(UP) 6.60 1.54 3515.00 2300 2310 -10.16
Auraiya(UP) 6.50 -7.14 278.80 2150 2150 -14.00
Jhansi(UP) 6.50 30 236.10 2445 2450 6.77
Tusura(Ori) 6.20 - 12.40 3400 - -
Mahoba(UP) 6.20 -23.46 776.10 2430 2440 3.85
Kannauj(UP) 6.00 -14.29 456.40 2250 2250 -16.67
Garbeta(Medinipur)(WB) 5.50 5.77 61.50 2825 2800 -25.66
Amroha(UP) 5.00 11.11 382.00 2360 2370 -11.28
Nadia(WB) 5.00 25 325.00 3300 3300 -14.29
Unnao(UP) 4.50 -25 613.30 2115 2115 -20.93
Jahangirabad(UP) 4.00 14.29 418.00 2660 2640 4.31
Achalda(UP) 4.00 NC 530.80 2200 2250 -12.00
Chitwadagaon(UP) 4.00 NC 330.40 2250 2230 -3.02
Bangarmau(UP) 3.50 -12.5 163.40 2105 2100 -14.08
Puranpur(UP) 3.50 -41.67 1006.90 2270 2320 -8.10
Kalyani(WB) 3.50 -66.67 126.50 3400 3400 -1.45

Fatehpur Sikri(UP) 3.40 6.25 277.80 2540 2560 -0.59
Kosikalan(UP) 3.20 -8.57 331.00 2550 2560 0.39
Bareilly(UP) 3.00 -14.29 1431.00 2325 2200 -8.82
Mirzapur(UP) 3.00 -40 412.50 2280 2225 -6.94
Panchpedwa(UP) 3.00 NC 32.30 1625 1650 -15.58
Muskara(UP) 2.80 -6.67 623.10 2360 2370 2.61
Chhibramau(Kannuj)(UP) 2.60 NC 450.00 2270 2280 -17.45
Melaghar(Tri) 2.50 -16.67 138.60 2700 2700 -3.57
Bishnupur(Bankura)(WB) 2.20 NC 158.50 2600 2600 NC
Bishalgarh(Tri) 2.00 11.11 2747.30 3450 3500 1.47
Pilibhit(UP) 2.00 33.33 1538.30 2280 2380 -10.24
Maharajganj(UP) 2.00 100 243.00 2450 2450 22.50
Charra(UP) 1.70 -10.53 204.90 2550 2550 0.20
Purwa(UP) 1.70 13.33 70.90 2125 2120 -18.27
Sonamura(Tri) 1.60 33.33 71.10 3000 2900 15.38
Lalganj(UP) 1.50 -16.67 247.80 2150 2150 7.50

Anandnagar(UP) 1.10 -21.43 222.50 2415 2430 -4.55
Achnera(UP) 0.80 14.29 48.00 2550 2550 0.39
Risia(UP) 0.80 33.33 76.90 2330 2340 -4.90
Atrauli(UP) 0.70 16.67 40.30 2550 2550 -
Maudaha(UP) 0.60 -25 46.60 2400 2400 3.45
Gurusarai(UP) 0.60 -60 28.60 2500 2450 2.04
https://www.thehindubusinessline.com/economy/agri-business/rice-prices/article33344913.ece

17th december,2020 daily global regional local rice e newsletter

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