AIRLINK 182.98 Decreased By ▼ -2.21 (-1.19%)
BOP 9.65 Decreased By ▼ -0.28 (-2.82%)
CNERGY 7.26 Decreased By ▼ -0.03 (-0.41%)
FCCL 36.70 Increased By ▲ 0.06 (0.16%)
FFL 14.33 Decreased By ▼ -0.20 (-1.38%)
FLYNG 24.85 Decreased By ▼ -0.07 (-0.28%)
HUBC 126.05 Decreased By ▼ -0.78 (-0.61%)
HUMNL 12.91 Decreased By ▼ -0.16 (-1.22%)
KEL 4.32 No Change ▼ 0.00 (0%)
KOSM 6.05 Decreased By ▼ -0.01 (-0.17%)
MLCF 42.70 Decreased By ▼ -0.19 (-0.44%)
OGDC 196.69 Increased By ▲ 1.25 (0.64%)
PACE 6.25 Decreased By ▼ -0.04 (-0.64%)
PAEL 38.15 Increased By ▲ 0.19 (0.5%)
PIAHCLA 16.90 No Change ▼ 0.00 (0%)
PIBTL 7.73 Decreased By ▼ -0.06 (-0.77%)
POWER 9.26 Decreased By ▼ -0.13 (-1.38%)
PPL 168.03 Increased By ▲ 0.14 (0.08%)
PRL 33.32 Decreased By ▼ -0.70 (-2.06%)
PTC 22.30 Decreased By ▼ -0.21 (-0.93%)
SEARL 102.24 Decreased By ▼ -1.73 (-1.66%)
SILK 1.09 Decreased By ▼ -0.10 (-8.4%)
SSGC 35.63 Decreased By ▼ -0.32 (-0.89%)
SYM 17.97 Decreased By ▼ -0.13 (-0.72%)
TELE 7.99 Decreased By ▼ -0.03 (-0.37%)
TPLP 11.62 Decreased By ▼ -0.01 (-0.09%)
TRG 66.41 Increased By ▲ 0.25 (0.38%)
WAVESAPP 12.00 Decreased By ▼ -0.13 (-1.07%)
WTL 1.54 Increased By ▲ 0.02 (1.32%)
YOUW 3.78 Decreased By ▼ -0.03 (-0.79%)
BR100 11,529 Decreased By -40 (-0.35%)
BR30 33,934 Decreased By -99.6 (-0.29%)
KSE100 110,132 Decreased By -169.3 (-0.15%)
KSE30 34,336 Decreased By -50.6 (-0.15%)

JAKARTA: Indonesia is looking into options for importing 1 million tons of rice from India next year, coordinating minister for food affairs Zulkifli Hasan said on Tuesday.

Indonesia’s rice output is estimated to fall 2.43% this year to 30.34 million metric tons, due to a delay in planting and harvest season amid longer dry weather in 2023, the statistics bureau said earlier this month.

Indonesia’s rice imports have jumped in the past two tears, reaching over 3 million metric tons each year.

India rice prices hold near 1-year lows

The Southeast Asian country aims to import up to 3.6 million tons of rice this year.

It also plans to open between 750,000 hectares and 1 million hectares (2.47 million acres) of new rice fields in 2025 to achieve President Prabowo Subianto’s target of food self-reliance.

Comments

200 characters