With a jump in October, India’s overall rice export has increased by 5.27% to $6,171.35 million during April-October of the current financial year.Written by Harikishan Sharma India’s rice exports crossed the $1 billion mark in October, following a slew of measures taken by the government to ease rice shipments. According to the data released by […]
Farmers who have harvested the fragrant rice are happy despite drop in prices. By Prabhudatta Mishra Basmati farmers in Punjab are happy despite receiving prices lower than last year. The reason for their happiness is the problems with the current procurement situation in the State amid a late purchase of non-Basmati paddy after a fortnight-long […]
NEW DELHI: India has removed the floor price for the export of non-basmati white rice, the government said in an official order on Wednesday, to help farmers and exporters sell various grades of rice on the world market. Buoyed by forecasts of higher rice output, farmers and rice exporters recently urged the government to remove […]
Synopsis Rice prices in India have surged by 10-15% due to a rise in global demand after the government lifted export curbs on non-basmati rice. The move follows a reduction in export duties and comes with the country’s sufficient rice stock. Domestic prices are expected to stay firm until the new crop arrives. Rice prices […]
Synopsis South African importers and consumers have expressed relief as India withdraws its ban on non-basmati white rice exports, imposing a floor price of USD 490 per tonne. The eased restrictions are expected to stabilize global rice prices and meet South Africa’s annual demand of 10 million tonnes. South African importers have welcomed India’s decision […]
BENGALURU /MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice export prices in Asia dropped sharply this week after India, the world’s largest exporter of the staple, eased restrictions on exports, increasing competition in the region. India on Saturday allowed exports of non-basmati white rice, a day after cutting export duty on parboiled rice to 10% from 20%. “India’s decision […]
By Susan Reidy NEW DELHI, INDIA — The Indian government will resume non-basmati white rice exports with a minimum floor price of $490 per tonne, ending a ban that started in July 2023. In the last several weeks, the government has gradually eased restrictions on premium, aromatic basmati and parboiled varieties. It eliminated the minimum […]
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 […]
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 […]
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 […]
