By Susan Reidy MUMBAI, INDIA — Nearly 400,000 tonnes of Indian basmati rice is stuck at ports and in transit as freight rates have more than doubled since the United States and
Exporters tell CNBC-TV18 that the timing could not have been worse for Indian exporters, as this is the peak season for shipments to the Gulf region due to Ramadan, when
Rice exporter stocks fall as West Asia tensions cloud India’s basmati trade with Iran and Gulf markets; exporters seek relief on stuck consignments and freight costs. Written
In recent years, the sector has shifted from a production-oriented mindset to an agricultural economic approach. Instead of focusing mainly on output, it now prioritises quality,
NEW DELHI – Indian exporters are finding it difficult to get vessels to send basmati rice to the Middle East after US and Israeli strikes on Iran disrupted shipping, leaving
India’s basmati rice trade is facing renewed uncertainty as escalating tensions in West Asia disrupt logistics, inflate freight and insurance costs, and threaten payments
The Newspaper’s Staff Reporter ISLAMABAD: While futures trading in precious metals continues at the Pakistan Mercantile Exchange (PMEX), the first trading in agricultural
Jakarta (ANTARA) – The Indonesian government has ordered a nationwide inventory of government-distributed farm machinery to ensure it is properly used to support the
Iran among the largest importers of aromatic long-grain rice from India. Written by Sandip Das. The volatile situation in West Asia threatens India’s robust rice exports to
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