Mar 17, 2023 | Grain, Rice
Indian rice exporters will unlikely demand a rollback of the 20 percent export duty by the Government as long as the volume of shipments does not drop. “Demand for Indian rice has picked up despite the export duty. Some buyers might have converted from buying white...
Mar 8, 2023 | Grain, Rice
India’s non-basmati rice exports surged 4 percent to 14.56 million tonnes (mt) during the April-January period of the current fiscal from 14.01 mt a year ago. This is despite the Government imposing a 20 percent export duty on white (raw) rice and banning shipments of...
Feb 24, 2023 | Grain, Rice
Indian rice continues to get good inquiries from the global market with European nations and Egypt joining the list of nations looking for cereal from the sub-continent, traders say. Reports from Cairo said Egypt’s General Authority for Supply Commodities (GASC)...
Feb 15, 2023 | Grain, Rice
India’s basmati rice exports surged by 17% in volume during the first three quarters of the current fiscal year (ended Dec. 21, 2022), while exporters are earning at least 20% more on average in overseas markets as Iran, Saudi Arabia and the UAE together bought half...
Feb 9, 2023 | Grain, Rice
A 12 percent increase in the export of major agriculture and processed products during the first three quarters of the current fiscal has buoyed the Agricultural and Processed Food Products Export Development Authority (APEDA) to target a record $26-29 billion in this...
Feb 6, 2023 | Grain, Rice
Global rice prices have soared to their highest since November 2011 with the production of the cereal projected to drop by 2.7 percent during the current season (August 2022-July 2023), the Food and Agriculture Organisation (FAO) has said. “Rice production is...
