Corn and rice had the largest share of non-oil imports into Iran in terms of tonnage in the first month of the current Iranian year (started March 21.
5/3/2017 Commodity OnlineIndia, May 3 -- India' s Basmati Rice exports dropped 7% in dollar terms at $3. 2 billion in 2016-17 financial year as against the previous year s $3.47 billion according to provisional data released by the Agricultural and Processed Food Products Export Development Authority (APEDA).In volume terms basmati shipments were estimated at 3.99 million tonnes against 4.04 million tonnes.The dip in basmati shipments mainly due to the reduced offtake from Iran the largest buyer APEDA noted.Non-basmati Rice shipments grew 10.5% in value at Rs.17 122 crore as against Rs.15 483 crore in FY2015-16 . In volumes the non-basmati rice shipments were up at 6.81 million tonnes against 6.46 million tonnes in the previous year.Overall Rice shipments exceeded 10.81 million tonnes about 3% higher than the previous year s 10.50 million tonnes APEDA said. Published by HT Digital Content Services with permission from Commodity Online. For any query with respect to this article or any other content requirement, please contact Editor at firstname.lastname@example.org
5/1/2017 Trend Daily Economic NewsBaku, Azerbaijan, May 1 By Farhad Daneshvar - Trend: A senior Iranian trade official has said the country's imports of staple food products over the last fiscal year (ended March 20) have witnessed a considerable slump. Mojtaba Khosrotaj, the head of Trade Promotion Organization of Iran, has said the country in the Iranian calendar year corresponding to 2012/13 imported over 1.6 million tons of crude vegetable oils valued at $2 billion, which dropped to about one million ton in volume and $876 million in value over the last year, IRNA news agency reported May 1. He also touched upon Iran's imports of sugar, saying in 2012/13 the country imported 1.68 million tons of the commodity valued at $1 billion, which dropped to 666,000 tons in volume and $319 million in value. Speaking about rice, he said the country imported 1.28 million tons valued at $1.3 billion four years ago, which fell to 828,000 tons valued at $681 million. According to the official, the import of wheat has shrunk to 1.44 million tons ($367 million) over the last year from 6.7 million tons ($2.58 billion) in 2012/13. Coming to the import of red meat, the figure has slumped to 93,000 tons ($384 million) from 117,000 tons ($644 million) in 2012/13.
HAMBURG: Iran purchased about 40,000 tonnes of rice from Thailand in an international tender this week, a deal which traders say shows Iran's purchasing is returning to more normal patterns now that sanctions have been lifted.Thai authorities announced in late January that they had secured a deal to sell rice to Iran for the first time in 10 years, with delivery of 50,000 to 100,000 tonnes of white rice due over the next one to two months. About 300,000 tonnes in shipments would be made in total, they said. Traders said Iran in past years largely purchased rice through lengthy direct negotiations as western sanctions imposed over the country's disputed nuclear programme had curtailed international payments via banks. "I think this sale in a tender shows Iran is starting to return to more traditional purchasing patterns after the relaxation of western sanctions," one European trader said on Friday. "The sale was made by a US multinational trading house." The Iranian state grains buyer GTC bought Hom Mali grade A rice from Thailand at about €600 (US$645) a tonne, they said. Prices had been sought in euros in the tender that closed on March 14. The rice was for shipment between April 15 and May 15 to Bandar Imam Khomeini or Bandar Abbas ports. Asia Golden Rice Co said in January that it had reached an agreement to sell rice to the Iranian government after Iran’s Health and Medical Education Ministry inspected the company's operations late last year.
Welcome to Rice News Today!
The access to our website is free and will remain free always for most of the contents.
However, you need to create a new account to access the website. It will not take much of your time to create a new account and you will have an access to your favorite website to browse rice news, quick stats, latest stats on basmati, downloads and a lot more at one-place!
Thanks & have nice rice news today exploring!