By Kim Joo-heon SEOUL, October 02 (AJP) – India has resumed exports of non-basmati white rice amid a significant rise in rice surplus. Basmati is a type of rice known for its low stickiness and long grains. On Saturday, the Indian government removed tariffs on non-basmati white rice exports and set a minimum export price […]
However, procurement drops for the third year in a row. By BL New Delhi Bureau The 2023-24 agricultural marketing year (October-September) ended with the government procuring 52.544 million tonnes (mt) of rice – 46.303 mt from the kharif crop and 6.241 mt from the rabi season. It spent over Rs 1.76 lakh crore to buy […]
MUMBAI: Global rice prices fell on Monday after India, the world’s no.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said. India on Saturday allowed exports of non-basmati white rice. That came a day after it cut […]
MUMBAI/ HANOI: Global rice prices fell on Monday after India, the world’s No.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said. India on Saturday allowed exports of non-basmati white rice. That came a day after New […]
The process will roll out in phases, beginning in western Uttar Pradesh and extending to the eastern districts later in the month, according to an official statement Press Trust of India Lucknow The Uttar Pradesh government will commence paddy procurement across the state starting October 1 and payments to farmers will be processed within 48 […]
MUMBAI: India on Friday reduced export duty on parboiled rice to 10% from 20% earlier, the government said in a notification, as inventories in the world’s biggest exporter of the grain surged and farmers are set to harvest a new crop in the coming weeks. The reduction in export duty will lower India’s export prices, […]
As globalisation impacts everything, food choices everywhere are liberalising — and the potential of Basmati rice as a major export product to South-East Asian nations is yet to be mapped. By Anshul Garg Rice is one of the major staple foods in Asia, particularly in the South-East Asian nations. ASEAN (Association of Southeast Asian Nations) […]
Thailand and Pakistan are the other major rice exporters to the UAE, which is the world’s largest re-exporter of rice. by Waheed Abbas Non-basmati rice prices are expected to drop around 20 per cent in the UAE after India removed the export ban on the commodity. India is the largest source of rice imports for […]
The export ban had come amid a marginal dip in rice production and the looming threat of an erratic monsoon last year. What is the situation this year? What is India’s status as a rice exporter? We explain. Written by Harikishan Sharma The Centre Saturday (September 28) lifted the ban on export of Non-Basmati White […]
India’s exports were bigger than the combined shipments of the world’s next four biggest exporters: Thailand, Vietnam, Pakistan and the United States. India has removed most of the export curbs it imposed on rice shipments in 2023 with immediate effect, as above-average monsoon rains are expected to boost crop yields amid overflowing stocks in state […]
