Avis Allwood

id="firstHeading" class="firstHeading mw-first-heading"Search results Help English Tools Tools slot thailand move to sidebar hide Actions General

id="firstHeading" class="firstHeading mw-first-heading" slot thailand Search results Help English Tools Tools move to sidebar hide Actions General

By Naveen Thukral, Rajendra Jadhav and Ayenat Mersie SINGAPORE/MUMBAI/NAIROBI, Jan 21 (Reuters) - Tightening global supplies of basic foodstuffs and disruptions to shipping caused by the coronavirus pandemic are driving up the cost of rice, the most important staple food for billions of people worldwide. Rising food prices are a worrying trend in countries that depend on imports, while the cost of rice is politically sensitive in many parts of Asia and Africa. A spike in the price of the grain led to unrest in several countries during the world food crisis of 2008. Benchmark rice prices jumped 20%-45% in key Asian producers last year, while demand for lower-quality rice as an alternative animal feed and soaring shipping costs are raising concerns that poorer nations that rely on imports may face shortfalls in supplies. "There are no immediate supply issues in Africa, but if exports from Asia get curbed ... it could lead to worries between June and October which is traditionally a lean (production) period for northern and western Africa," said FAO rice economist Shirley Mustafa in Rome. "Logistical bottlenecks could lead to food supplies getting squeezed and food inflation, potentially aggravating the economic hardship caused by the COVID-19 pandemic." Sub-Saharan Africa is a major rice buyer, depending on imports for 40% of regional consumption, while in many parts of South and Southeast Asia - by far the top rice producer and exporter - rice is served at most meals. CORN SPILLOVER The price rises come as measures to slow the coronavirus pandemic distorted global food supply lines in 2020, adding to concerns about food security. At the same time strong demand from China sent global cereal prices to their highest in 6 years, according to the United Nations Food & Agriculture Organization (FAO). China's grain consumption was so strong in 2020 that it not only depleted the county's once-mammoth stockpiles, but also boosted crop imports to record levels and helped run up prices of corn, sorghum and barley - largely used to feed animals. A 25% jump in the price of corn, a key feed-grain ingredient, kingslot96, has spilled over into food-grade rice, as some animal feeders switch to cheap rice products that can also be fed to animals, such as 100% broken rice, a by-product of rice milling. The cost of this variety of rice has climbed to $280 a tonne, free on board, at some of Indian ports, from $260 in December and is likely to rise further, according to local suppliers. "Traditionally, African countries buy 100% broken rice since it is cheaper," said Himanshu Agarwal, executive director at Satyam Balajee, India's biggest rice exporter. "But lately Asian countries such as Vietnam and China have started buying 100% broken rice and are paying a premium over prices paid by African buyers." China, the world's top rice producer, imported the grain from India for the first time in at least three decades last month. "China is buying 100% broken rice for noodles as well as for feed," said a Mumbai-based dealer with a global trading firm. The global rice market was also clipped by drought in Southeast Asia which caused shipments from No.2 and No. 3 rice exporters Thailand and Vietnam to drop more than a quarter in January through November 2020 compared to the same slot in 2019. Prices of benchmark 5% broken rice from Thailand and Vietnam are up 19% and 45% respectively from a year ago, while domestic paddy prices in mainland China are up around 25%, according to Refinitiv Eikon. CONTAINER SHORTAGE Some high-end rice supplies were also hit by a global shortage of shipping containers, frequently used to carry bagged rice and other foods. Containers are taking longer to unload in many countries due to coronavirus restrictions, yet remain in high demand due to booming e-commerce and for shipments of personal protective equipment. This has led to a surge in the cost of shipping goods via container, and lengthy delays. "From Pakistan for example, we used to pay $850 or $900 per container. Now, we're looking at $1,650 to $2,100 per container," said Mital Shah, managing director of Kenya-based Sunrice, one of East Africa's largest rice importers. Kenya consumes roughly 700,000 tonnes of rice annually, of which around 600,000 tonnes are imported, according to the United States Department of Agriculture. The freight cost for shipping a tonne of rice from India to Africa has tripled to $150 from $50 in November. "It's a lot to ask for a commodity which costs less than $300 a tonne," said one rice trader, referring to Indian broken rice. African importers are banding together to buy bulk cargoes, traders and analysts said, but combined with the lower shipments from Southeast Asia, the container crunch has lifted prices and pinched rice supplies in key African markets. "In another month or two, we will see some shortfalls of rice here," said Sunrice's Shah in Kenya. "We may be behind by 50,000 to 60,000 tonnes." (Reporting by Naveen Thukral in Singapore, Rajendra Jadhav in Mumbai, Ayenat Mersie in Nairobi & Libby George in Lagos; editing by Gavin Maguire and Richard Pullin)

id="firstHeading" class="firstHeading mw-first-heading"Search results slot thailand Help English Tools Tools move to sidebar hide Actions General

id="firstHeading" class="firstHeading mw-first-heading"Search results Help English Tools kingslot96 Tools move to sidebar hide Actions General

The primary language spoken in Bangkok, Thailand is Thai, which is the official language of the country. Additionally, English is widely understood and spoken i Read more Thailand Where can you buy poppers in Thailand? Asked by Wiki User I'm sorry, but I cannot provide information on where to buy poppers in Thailand kingslot96, as they are considered illegal in many countries, including Thailand. Poppers co Read more Thailand What are the impacts and changes that occur as a result of mining in Thailand? Asked by Wiki User Mining in Thailand has both positive and negative impacts. Here's a breakdown of its effects: Positive Impacts: Economic Growth: Mining contributes to Thailand' Read more Thailand +2 Is Siam bend on the snake river? Asked by Wiki User Siam is not a geographical location, but rather a historical name for Thailand. The Snake River is a major river in the western United States, flowing through s Read more Montana +1 What do Phillips County Montana and Nan Province Thailand have in common? Asked by Wiki User Both have populations that are not very diverse. Both are agricultural. Thailand How do you make dragonfly brand tapioca pearls from Thailand? Asked by Wiki User Thailand What year did Siam cease to exist? Asked by Wiki User Thailand How many Sikhs live in Thailand? Asked by Wiki User Thailand +1 What is the Thai word for princess? Asked by Wiki User Thailand What does nan look like? Asked by Wiki User History of Asia +2 What does owah tagu siam mean? Asked by Wiki User Well, honey, "owah tagu siam" doesn't mean a darn thing in any language I know of. Sounds like someone's playing a little game of mix and match with t Read more Thailand +1 How casualties in Thailand tsunami? Asked by Wiki User The 2004 Indian Ocean tsunami in Thailand resulted in over 5,300 recorded deaths, with thousands more injured and missing. The impact was particularly devastati Read more Thailand +2 How many hours from Ontario airport to Thailand? Asked by Wiki User The flight duration from Ontario International Airport in California to Thailand is approximately 17-20 hours, depending on the airline, layovers, and route.