Experts feel farmers may have shifted to paddy from cotton and pulses. By Prabhudatta Mishra The area under kharif paddy this year is believed to have increased by over 65 lakh hectares (lh) from 407 lh in the previous year, as per digital crop survey of the Agriculture Ministry. In the past five years, the […]
Despite challenges in Iran and global uncertainties, significant exports continue, especially to the European Union. By Prabhudatta Mishra Basmati (paddy) prices have improved after the minimum export price (MEP) was abolished, but farmers are not as happy as they expected to get last year’s rates. However, current geopolitical tensions in the Middle East may drive […]
By Gurpreet Singh Nibber Exporters’ association says traders have last year’s stock that they couldn’t export due to minimum export price of $950 imposed by the Centre The arrivals of premium aromatic grain basmati in the mandis of Punjab is higher than the previous season by at least 10% but the price it has been […]
ISLAMABAD: Pakistani rice traders said on Thursday that exports of the commodity could face a setback this year as neighboring India, one of the major competitors in the global market, had lifted restrictions on rice exports. Pakistan exported rice worth $3.9 billion this year as compared to $2.15 billion last year, benefitting from India’s more-than-a-year-long […]
About 25 per cent of basmati rice exported from India is sent to Iran, which is badly affected due to the uncertainty due to its conflict with Israel. Reported by Himanshu Shekhar Mishra. New Delhi: In a grain market of Uttar Pradesh’s Ghaziabad, the price of the Paddy (Dhan) Basmati 1509 rice variety has decreased […]
The recent lifting of the Minimum Export Price (MEP) aims to boost agricultural exports, yet critics argue it’s a redundant policy harming small farmers and failing to control food inflation. India’s export bans on rice and fluctuating MEPs reflect ongoing efforts to manage domestic supply and prices, while the country remains a major exporter of […]
Exporters fear a pricing war as the South Asian rivals lift restrictions on global sales of rice. By Abid Hussain Islamabad, Pakistan – The global prices for different varieties of rice dropped on Monday after India and Pakistan made tit-for-tat moves to eliminate price caps and resume rice exports. On Saturday, the Indian government lifted […]
Rizwan Bhatti KARACHI: With the removal of the Minimum Export Price (MEP), Pakistani rice traders can now export without price restrictions, enabling them to better compete with India in the global market. Chairman Rice Exporters Association of Pakistan (REAP) Chela Ram Kewlani has welcomed the government’s decision, calling it a major milestone for the industry. […]
But India imposed a minimum export price of $490 per tonne. India today withdrew the blanket ban on export of non-basmati white rice with immediate effect but imposed a minimum export price (MEP) of $490 per tonne. The country has also slashed the export duty on parboiled rice to 10 percent from 20 percent, PTI […]
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 […]
