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Commodity Market, Commodities News Today | The HinduBusinessLine

India could limit sulphur exports as supplies tighten, sources say India turns to US, Oman, Nigeria for LNG imports in March as Qatar, UAE supplies dry up China resumes buying broken rice from India Silver Price Today April 16: Latest rates in Delhi, Mumbai, Kolkata, Chennai & Bengaluru Gold rate today April 16: Gold rates up in Mumbai, Delhi, Chennai, Kolkata, Ahmedabad & Bengaluru Indian LNG importers scoop up spot shipments after prices recede Limelight Lab Grown Diamonds targets tier 2-cities with 25 stores in Q1 Crude oil futures edge up despite hopes of US-Iran ceasefire extension ‘Iran war oil shock as disruptive as Covid’ Iran war brings US close to net crude exporter for first time since World War II NAAS suggests govt to consider one-time licensing for imported horticulture hybrids India targets cocoa self-sufficiency by 2040 with national mission and reforms Why is Gold rate surges past $4,850 & Silver crossing $80? Crude unlikely to return to pre-war levels soon; India's import bill may rise $70 billion annually: Report US shuts down Iran’s maritime trade despite optimism for more talks Brent crude edges up ahead of fresh US-Iran talks Global fertilizer supply crunch tightens farm economics Crude oil prices fall for a second day on expectations US-Iran talks may resume Madhya Pradesh CM says basmati rice from the State is exported to 47 nations Russian crude oil imports rebound in March as PSU refiners lift record volumes Oil prices hit record high in March as refiners try to replace West Asian grades: IEA India’s gems and jewellery exports plunge 35% in March on weak demand Inflows into gold ETFs turn positive in past fortnight India’s Russian oil imports surge to €5.3 billion in March on higher volumes Russia restricts helium exports as global supply tightens amid Middle East tensions India’s oil security under pressure as West Asia crisis exposes import dependence risks Fuel price freeze: ₹18/litre loss on petrol, ₹35 on diesel Iran oil hoard at sea shields China’s refiners from US blockade Oil declines as US, Iran weigh more talks; US blockade of shipping to and from Iranian ports in place IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy
Rice lobby wants EU to impose safeguard mechanisms to sav...
2026-04-24 · via Commodity Market, Commodities News Today | The HinduBusinessLine

Copa-Cogeca , an influential lobby group representing the European Union (EU) agricultural sector, has asked the EU to impose safeguard mechanisms to rescue rice farmers and ensure their survival.

In a statement issued on Thursday, the group said the EU granted preferential access for rice from other countries into its domestic market and it would destabilise the EU market. 

“...imports from Cambodia, Myanmar, India, and Thailand have placed sustained pressure on EU producers, threatening a sector that is essential for rural employment, environmental stewardship, and the production of high-quality, sustainable food.

It said information released this week showed that US policymakers have warned that surging imports and unfair trade practices from major international producers are eroding the domestic rice market and threatening farm viability, with imports increasing by more than 250 per cent over the past two decades. 

Morocco has launched a safeguard investigation after rice imports more than doubled in just a few years, causing serious harm to national production. The Philippines is taking steps to activate protective measures in response to similar pressures, the group said.

Producers worried

“These policy developments highlight a clear global trend: even competitive rice-producing countries are facing destabilising import surges and are seeking tools to ensure fair market conditions,” said Copa-Cogeca.

It said rice-producing countries around the world are raising concerns over increasing pressure on their domestic sectors. It highlighted a growing global challenge that is also significantly affecting Europe. 

“There is therefore an urgent need for the European Union to move forward with safeguard mechanisms to ensure the survival of a historic sector in several member States,” said the Belgium-headquartered body.

Ahead of next week’s European Parliament vote on the Generalised System of Preferences, European rice farmers are calling for a balanced and proportionate response by supporting a reduction of the threshold for the automatic safeguard agreed upon in the trilogue agreement in December 2025, the group said. 

“The objective is not to restrict trade, but to ensure that the EU rice sector can continue to play its crucial role in maintaining vibrant rural areas and delivering high standards of food production.

Published on April 24, 2026