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Tag: floor price

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The demand for the removal of the floor price for basmati exports is increasing

Mahalakshmi@fastura.com1 year ago02 mins

Exporters have sought removal of the minimum export price (MEP) of $950/tonne for basmati rice to maintain the export momentum this fiscal, taking into account large stocks and bumper harvest forecast. They said prices of the aromatic and long grain have gone down in the domestic as well as global markets. In FY24, India exported…

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