Khalifa Humanitarian Foundation launches nationwide rice subsidy program during Ramadan

Abu Dhabi, Jul 23rd, 2011 (WAM) — The Khalifa bin Zayed Al Nahyan Humanitarian Foundation is gearing up preparations to carry out a nationwide program to subsidise rice as per directives from President His Highness Sheikh Khalifa Bin Zayed Al Nahyan. The move, which reflects the President’s diligence to guarantee citizens their essential needs and…


Rice at subsidised price during Ramadan

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Gulf News Abu Dhabi: The Khalifa Humanitarian Foundation (KHF) is subsidising the price of rice across the UAE for Ramadan. “The project is as per directives from President His Highness Shaikh Khalifa Bin Zayed Al Nahyan to help relieve the increasing cost of living and support Emirati families,” Mohammad Al Khoury, director general of KHF,…


Haryana urges Centre to change bajra specifications

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Chandigarh, Jul 21: Haryana Food and Supplies Minister Mahender Partap Singh has urged the Central government to change the specifications for the procurement of Bajra at the minimum support price, as the state procuring agencies would unable to procure it during Kharif 2011 as per existing specifications. He also urged the Central government to immediately…


Pepper export earns US$420 mln in H1 2011

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Earnings from pepper export for the entire 2011 are estimated at around US$600 mln, US$180 mln higher than last year, according to Do Ha Nam, chairman of Vietnam Pepper Association. Meanwhile, for the first six months of this year, the country exported 70,000 tons of pepper worth US$420 mln. Pepper’s price is foreseen to remain…


Thai rice prices rise after election, buyers head for Vietnam

Thai rice prices rose this week on speculation over higher intervention prices under an incoming government, which forced some buyers to switch to Vietnamese grain, helping push prices higher there, too. The benchmark 100 percent B grade Thai white rice was at $545 per ton on Wednesday, exporters said, up 3.8 percent up from last…


Rice price goes up

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The price of paddy rice in the Mekong Delta increased by VND200/kg on July 3 to reach VND5,750-5,850/kg. According to the Vietnam Food Association (VFA), the price is rising because rice exporters have to increase the volume of rice they purchase to meet new contracts signed with Bangladesh and Indonesia. Currently, 25-percent broken rice is…


Group urges sugar price stabilisation

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The re-import of sugar is necessary in order to stabilise prices in the domestic market, according to a proposal by the Viet Nam Sugarcane Association sent to the Ministries of Agriculture and Rural Development as well as Industry and Trade. The proposal is based on current market demand and supply and not on official demand,…


Vietnam’s coffee price surpasses London price

Robusta coffee of Vietnam has for the first time since May 2010 been higher than the price in London market because of scarcity. In details, Vietnam’s price of 2 and 5% broken coffee for September delivery was $20-60 per ton higher than London level. One week ago, the bean coffee price had been $20 lower…


Livestock farms accused of price collusion

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The latest increase in livestock prices in the domestic market, which has surprised both traders and consumers, is being blamed on price manipulation by big breeding companies. Lending strength to the suspicion of price manipulation is the fact that the surge has come during the low season, but several retailers say demand and supply factors…


Coffee price edges up as supply falls

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The price of Robusta coffee in the Central Highlands provinces rose by VND500 per kilogramme to more than VND50,000 last Friday. The VND500 hike – or US$25 per tonne – was much lower than in the London terminal market, coffee buyers in HCM City said. Exporters in Dak Lak Province offered Robusta grade 1 with…


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