# Tags

Paddy storage crises in Punjab; Centre suggests other state governments consider advance lifting of rice

The state government had requested the centre to shift 20 lakh MT of rice and wheat out of the state otherwise it could create law and order problems during ensuring procurement season. Harpreet Bajwa CHANDIGARH: With granaries across Punjab already overflowing with last years’ stocks of rice and wheat, finding storage for new produce has […]

West Bengal exporters rejoice Centre’s move to lift ban on non-basmati white rice

Jayatri Nag, ET Bureau Synopsis: India has lifted its ban on the export of non-basmati white rice, a move welcomed by exporters in West Bengal. The government also reduced the export duty on parboiled rice from 20 percent to 10 percent. This decision is expected to boost incomes for exporters and farmers with the upcoming […]

Indian move puts more pressure on Thai rice prices

Delhi to resume non-basmati rice exports as it seeks to expand world market share. NEW DELHI – India is preparing to resume exports of non-basmati white rice as inventories in the world’s biggest exporter of the grain surge and farmers prepare to harvest a new crop. New Delhi set a floor price for non-basmati exports […]

Farmers dump basmati produce on Amritsar city roads to protest low price

The sight of farmers throwing the basmati produce leaves city residents shocked. Manmeet Singh Gill ,Tribune News Service Anguished over the abysmally low prices being offered to them for basmati, the farmers here scattered the crop on city roads on Saturday and demanded that the government ensure a fair price. The farmers started their protest […]

India eases export restrictions on non-basmati white rice; minimum price cap set at $490 per tonne

The move has amended the export policy for non-basmati white rice (semi-milled or wholly milled rice, whether polished or gazed).Written By Nikita Prasad The government on Saturday, September 28, removed the blanket ban on overseas shipments of non-basmati white rice and imposed a minimum export price (MEP) of $490 per tonne. Exports of non-basmati white […]

CCP approves 50% stake acquisition in Pakistani rice firm by Italy’s Euricom S.P.A

Deal signals growing foreign investment in Pakistan’s agri-business sector and aims to boost rice exports By News Desk The Competition Commission of Pakistan (CCP) has approved the acquisition of a 50 per cent shareholding in M/s. Fatima Euricom Rice Mills (Pvt) Ltd by M/s. Euricom S.P.A, a leading agri-business entity based in Italy. Under the […]

Thai rice export prices lower

BENGALURU/MUMBAI/BANGKOK/HANOI AND BANGLADESH: Thai rice export prices fell to a more-than-one-year low this week pressured by quiet demand and competition from cheaper rivals, while India prices edged higher on a stronger rupee, despite sluggish demand from Asian and African buyers. Thailand’s 5% broken rice was quoted at $550-$560 per ton, the lowest level since July […]

India’s basmati rice exports seen surging after floor price removed

Story by Mayank Bhardwaj and Rajendra Jadhav. By Mayank Bhardwaj and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – India’s decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading exporters said, helping New Delhi to increase its share of […]