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REAP export awards ceremony held in Karachi

By Our Correspondent KARACHI: Sindh Governor Muhammad Kamran Khan Tessori praised Pakistan’s rice export trade, noting the impressive $4 billion mark achieved in FY 2023-24 while presiding over the 16th Export Awards Ceremony of the Rice Exporters Association of Pakistan (REAP) at the Governor’s House. During the ceremony, Governor Tessori commended rice exporters for their […]

16th REAP award endorses US $ 4b rice exports

Governor Tessori announces major honors for Rahim JanooStaffReporterKarachi: Governor Sindh, Muhammad Kamran Khan Tessori lauded Pakistan’s rice exporters for hitting the $4 billion export milestone during the fiscal year 2023-24. The statement was made during the 16th Export Awards Ceremony organized by the Rice Exporters Association of Pakistan (REAP) at the Sindh Governor’s House in […]

Rice inflation seen to cool once India lifts export ban

By Beatriz Marie D. Cruz, Reporter RICE INFLATION may further cool in the coming months once India relaxes a ban on exports, analysts said. “India may reconsider its export ban, impacting international prices further. The stronger peso will also make imports cheaper, easing inflation further,” Union Bank of the Philippines, Inc., Chief Economist Ruben Carlo […]

Punjab: Basmati growers’ body calls for minimum export price waiver as int’l sales plummet

By Gurpreet Singh Nibber Indian exporters have been struggling to sell their produce in the international market due to the high MEP of $950 a tonne, the association said. The basmati exporters association has urged the Agricultural and Processed Food Products Export Development Authority (APEDA) to waive the minimum export price (MEP) on basmati rice […]

Governor terms rice exports reaching to $4b, a major achievement.

KARACHI – Governor Kamran Khan Tessori on Sunday hailed the achievement of rice exports reaching $4 billion in the current fiscal year as a significant success. He credited the Rice Exporters Association of Pakistan (REAP) for playing a pivotal role in this accomplishment, establishing a solid foundation between farmers, traders, and exporters. He expressed these […]

Basmati exports up 15% in April-July at $2.03 billion on strong demand 

Volume during the period rose 19% to 19.17 lakh tonnes By Vishwanath Kulkarni India’s basmati rice exports increased by nearly 15 per cent during the April-July period of the current financial year to $2.036 billion on demand from countries such as Saudi Arabia, Iran, Iraq and the United States. In the same period last year, […]