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 […]
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 […]
ISLAMABAD: Pakistan removed a floor price for rice exports on Friday, the country’s commerce ministry said, following a similar move by neighbouring India. The Ministry of Commerce said in a written notification that the minimum export price for rice which was last set in November would be removed “effective immediately”. Earlier this month, India removed […]
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 […]
Delhi to resume non-basmati rice exports as it seeks to expand world market share. NEW DELHI – India is preparing to resume exports of non-basmati white rice as inventories in the world’s biggest exporter of the grain surge and farmers prepare to harvest a new crop. New Delhi set a floor price for non-basmati exports […]
The move has amended the export policy for non-basmati white rice (semi-milled or wholly milled rice, whether polished or gazed).Written By Nikita Prasad The government on Saturday, September 28, removed the blanket ban on overseas shipments of non-basmati white rice and imposed a minimum export price (MEP) of $490 per tonne. Exports of non-basmati white […]
