# Tags

MoU between India & Indonesia on Non-Basmati White Rice Trade.

Utkarsh Classes. The Union Cabinet has approved the Memorandum of Understanding (MoU) signed by the Union Ministry of Cooperation and the Ministry of Trade of Indonesia. The approval was given in a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi in New Delhi. Terms of the MoU The export of rice is […]

ASIA RICE – Fresh supplies push India rates to 19-month low; Vietnam prices tumble.

AseanPlus News HANOI/MANILA (Reuters): Indian rice export prices dropped to an over 19-month low this week, weighed down by rising supplies from the new season crop and a plummeting rupee, while Vietnam’s rates slid to their lowest level since early September 2022. India’s 5% broken parboiled variety was quoted at US$418 to US$428 per metric […]

Indian rice offered at lowest price in Bangladesh tender for 50,000 tons

Synopsis In a recent tender by Bangladesh’s state grains buyer for 50,000 metric tons of rice, the lowest offer was $434.77 per metric ton CIF, quoted by Indian trading house Agrocorp. Although offers are under consideration, no purchase has been finalized yet. Bangladesh typically takes time for decision-making in such tenders. The lowest price offered […]

Exporters encouraged to trade new rice varieties.

Trichy: Aimed at promoting export opportunities for non basmati rice varieties, Anbil Dharmalingam Agricultural College and Research Institute (ADAC&RI) here on Wednesday conducted a workshop for farmers, entrepreneurs, and exporters Participants visited the sample paddy fields where the advantages of cultivating TRY3 and TRYS rice varieties were explained “IRYI variety has superiority over other varieties […]

The global demand for Basmati rice: Opportunities for retailers

The demand for Basmati rice is rising both domestically and internatiorially, benefiting India’s agricultural and FMCG retail sectors. With significant growth projected, retail traders are positioned to capitalize on this trend, leading to increased production, streamlined supply chains, and greater revenue opportunities Anshul Garg. The demand for Basmati rice in the domestic and international markets […]

Basmati GI tag: Odds stacked against Madhya Pradesh amid India-Pak row

With wary eye on Pak, Union govt not keen to help MP; can Shivraj Singh Chouhan pull off what Narenda Singh Tomar failed to do as Union Agriculture Minister? Surendra Prasad Singh. Madhya Pradesh’s long-winding battle to join the band of Indian states recognised as Basmati rice-producing regions under the Geographical Indication (GI) framework is […]

India sends 16400 tonnes of rice to Bangladesh amid tensions.

By IBNS. India sent a second consignment of rice to Bangladesh on Saturday, ignoring the recent deterioration of its relationship with the neighbouring nation following the ouster of former PM Sheikh Hasina on August 5 amid violent protests against her regime. The consignement arrived in Bangladesh’s Mongla Port. Two ships carrying 16,400 tonnes of rice […]