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Procurement Resource Evaluates the Price Trends of Rice in its Latest Insights and Dashboard

Procurement Resource Evaluates the Price Trends of Rice in its Latest Insights and Dashboard

Price Trends of Rice in its Latest Insights and Dashboard

Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Rice price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Rice can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.

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Product Description:

Rice (Oryza sativa) is an edible starchy cereal grain and the grass plant that produces it (family Poaceae). Rice is a basic food for about half of the global populace, together with practically all of East and Southeast Asia; humans use 95 percent of the globe’s rice production. Rice can be prepared in a variety of ways, including boiling or grinding into flour. It is consumed on its own or in a broad range of soups, side dishes, and main entrees in Asian, Middle Eastern, and other cuisines. Breakfast cereals, noodles, and alcoholic beverages like Japanese sake are all examples of rice-based items.

Regions Covered to Evaluate Rice Price Trend:

  • North America
  • South America
  • Europe
  • The Asia Pacific
  • The Middle East
  • Africa

Industrial Uses Impacting Rice Price Trend:

The bran is processed into oil for both food and industrial purposes. Brewing, distilling, and the production of starch and rice flour all use broken rice. Hulls are used for fuel, packing material, industrial grinding, fertiliser production, and the production of furfural, an industrial chemical.

Key Market Players:

  • DuPont de Nemours, Inc
  • Cargill, Incorporated
  • Wilmar International Ltd
  • Doguet’s Rice Milling Company
  • Randall Organic Rice

News and Events:

India Gate Rice Flour has been launched in the Wholesome Grain, Oil & Oil Products (FMCG) sector by KRBL Limited, the world’s largest rice miller and basmati rice exporter on April 26th, 2021.

About Us:

Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

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Contact Person: Chris Smiths
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Procurement Resource

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts.