The decline in rice crop yields in Thailand and Vietnam and their increased costs of production may turn out to be a bonanza for India’s rice exports in this fiscal year, trade sources said. India is exporting rice at around $360 a tonne to key markets at present while Thailand and Vietnam are offering the…
The comments come on the heels of talks in the global market that after banning wheat exports and limiting sugar shipments, the Indian government could next target Non-Basmati rice. The Indian government has no plans to ban rice (Non-Basmati) exports or announce any curbs on its shipments, two officials involved in the decision making have…
India’s rice exports would continue to see strong growth in this fiscal year(2022-23) after a record shipment of about 20 million tonne (MT) of grain worth more than $ 9.6 billion in past fiscal year(2021-22). The expectation of a ‘usual’ monsoon rains this year is expected to give a improve to rice production which is…
Non-basmati rice exports increased 27 per cent to touch $6.115 billion in the Financial year 2021-22, while it was $4.799 billion in last year. Since 2014, non-basmati rice exports have increased by 109 per cent. India exported rice to over 150 countries in Financial Year 2021-22, said, Directorate General of Commercial Intelligence and Statistics (DGCIS)….
The Union Government has agreed to buy 40.20 lakh tonnes of rice from the rabi season, from Telangana. What the Centre is buying is the raw rice or fortified rice and not parboiled rice, which the State has been selling for over 40 years. Though it is less than about 46 lakh tonnes of parboiled…
Indonesia has lifted the suspension on agricultural products from India from March 25 with immediate effect, which is major relief to Indian exporters. Jakarta had suspended agricultural imports such as wheat, sugar, rice and maize from India after the latter failed to register its food safety testing laboratories, which issue Certificate of Analysis (COA), before…
