# Rice procurement: inelastic borrowing? - BR Research - Business Recorder

> Pakistani rice processors have sharply increased working-capital borrowing, rising 62% from September to December 2022. Meanwhile USDA forecasts Pakistan's 2022-23 rice output at 6.6 million tonnes, and exports fell 23% in the first six months of the fiscal year.

- Date: 2023-01-25 · published 2023-01-25T12:00:00.000Z
- Category: report · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/37846-rice-procurement-inelastic-borrowing-br-research-business-recorder
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower Pakistani output and exports reduce supply available to global rice markets, supporting prices for Asian rice exports.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-04-30 | [Growing Demand for Broken Rice for Feed and Food: The Implications for Global Trade \| Economic Research Service](https://feedsoft.ai/events/25195-growing-demand-for-broken-rice-for-feed-and-food-the-implications-for-global.md) | +1.0% | +8.2% |
| RICE | 2024-07-16 | [Record rice imports expected in Philippines](https://feedsoft.ai/events/29327-record-rice-imports-expected-in-philippines.md) | -0.7% | -1.1% |
| RICE | 2022-11-02 | [Rice, flour, corn prices reach record high in Bangladesh \| Prothom Alo](https://feedsoft.ai/events/7732-rice-flour-corn-prices-reach-record-high-in-bangladesh-prothom-alo.md) | +2.0% | +3.4% |
| RICE | 2018-01-17 | [Rice Outlook: January 2018 \| Economic Research Service](https://feedsoft.ai/events/10603-rice-outlook-january-2018-economic-research-service.md) | +0.5% | +1.2% |
| RICE | 2021-12-15 | [Press Release:Press Information Bureau](https://feedsoft.ai/events/43558-press-release-press-information-bureau.md) | -0.5% | +2.5% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40222286

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.