{"id":6076,"date":"2023-07-31T11:02:19","date_gmt":"2023-07-31T11:02:19","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=6076"},"modified":"2023-07-31T11:02:20","modified_gmt":"2023-07-31T11:02:20","slug":"india-basmati-rice-exporters-get-requests-for-early-shipments","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/india-basmati-rice-exporters-get-requests-for-early-shipments\/","title":{"rendered":"India basmati rice exporters get requests for early shipments"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"960\" height=\"627\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-63.png\" alt=\"\" class=\"wp-image-6077\" srcset=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-63.png 960w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-63-600x392.png 600w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-63-300x196.png 300w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-63-768x502.png 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/figure>\n\n\n\n<p>Labourers unload rice bags from a supply truck at India&#8217;s main rice port at Kakinada Anchorage in the southern state of Andhra Pradesh, India, September 2, 2021. Picture taken September 2, 2021. REUTERS\/Rajendra Jadhav\/File photo<\/p>\n\n\n\n<p>MUMBAI, July 31 (Reuters) &#8211; Indian rice exporters have been receiving requests from buyers to advance shipments of basmati rice after New Delhi banned exports of non-basmati white rice to dampen local prices, industry officials told Reuters.<\/p>\n\n\n\n<p>The world&#8217;s biggest exporter of rice surprised buyers earlier this month by\u00a0imposing a ban\u00a0on exports of non-basmati white rice after retail rice prices climbed 3% in a month after late but heavy monsoon rains caused significant damage to crops.<\/p>\n\n\n\n<p>&#8220;Buyers are requesting early shipments because they fear that the government might put restrictions on exports of basmati rice as well,&#8221; said Atul Garg, managing director at GRM Overseas\u00a0(GRMO.NS), a leading exporter of basmati rice.<\/p>\n\n\n\n<p>Buyers usually sign long-term contracts with the assurance of dispatching a certain quantity every month. However, some of the buyers are now requesting to ship in August what was supposed to be shipped in September and October, he said.<\/p>\n\n\n\n<p>India exported around 4.5 million metric tons of basmati rice in 2022\/23, with Saudi Arabia, Iran, Iraq, United Arab Emirates, Yemen and the United States among the top buyers.<\/p>\n\n\n\n<p>Non-basmati white rice, which India has banned for export, is mainly purchased by Senegal, Benin, Togo, Bangladesh, and Cote d&#8217;Ivoire.<\/p>\n\n\n\n<p>India never banned exports of basmati rice in the past but did impose export taxes in 2008.<\/p>\n\n\n\n<p>&#8220;We are assuring buyers that there is no possibility of a ban on basmati rice exports but some buyers are afraid due to the government&#8217;s recent decisions,&#8221; said another exporter based in New-Delhi.<\/p>\n\n\n\n<p>India banned wheat exports in a surprise move in 2022 and later imposed restrictions on exports of sugar and rice.<\/p>\n\n\n\n<p>Basmati rice is mainly produced in northern states of Punjab, Haryana, Uttar Pradesh, and Himachal Pradesh, which were flooded earlier this year because of extremely heavy rainfall.<\/p>\n\n\n\n<p>But basmati rice growing areas have increased in 2023 and production is likely to be higher than last year, said Vijay Setia, an exporter.<\/p>\n\n\n\n<p>&#8220;Many farmers in Uttar Pradesh are shifting to basmati rice from non-basmati because of higher prices,&#8221; Setia said.<\/p>\n\n\n\n<p>Reporting by Rajendra Jadhav; editing by Christina Fincher<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Labourers unload rice bags from a supply truck at India&#8217;s main rice port at Kakinada Anchorage in the southern state of Andhra Pradesh, India, September 2, 2021. Picture taken September 2, 2021. REUTERS\/Rajendra Jadhav\/File photo MUMBAI, July 31 (Reuters) &#8211; Indian rice exporters have been receiving requests from buyers to advance shipments of basmati rice [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6077,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[215,167,159],"class_list":["post-6076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-basmati-rice","tag-indian-rice","tag-global-rice-news"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>India basmati rice exporters get requests for early shipments - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India basmati rice exporters get requests for early shipments - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"Labourers unload rice bags from a supply truck at India&#8217;s main rice port at Kakinada Anchorage in the southern state of Andhra Pradesh, India, September 2, 2021. 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