Story by Times Now Digital. The India-Iran basmati rice trade is facing serious headwinds as rising tensions from the Iran-Israel conflict threaten to curb exports, triggering a likely decline in domestic basmati prices. Industry sources expect prices to dip in the coming weeks following a 15–20 per cent surge over the past two months, which […]
Basmati rice prices, recently elevated due to increased exports, are anticipated to decline due to potential export reductions to Iran amidst geopolitical tensions. Iran constitutes a significant importer of Indian basmati rice. Basmati rice prices, which saw an increase of 15–20% in the past two months due to higher exports, are expected to decrease in […]
Vibhor Mohan Chandigarh: Rising tensions between Iran and Israel have cast a long shadow over India’s basmati rice exports, with exporters warning that any disruption to shipping through the Strait of Hormuz could cripple trade with Gulf countries and hand long-term strategic advantage to Pakistan. At the heart of the concern is the possible closure […]
