Jayashree Bhosale, ET Bureau Synopsis Basmati rice prices have dropped locally due to disruptions in exports to the Middle East. This key market accounts for half of
By: Mary Rose Sagarino – Correspondent – CDN Digital MANDAUE CITY, Cebu — The price of rice per kilo at the Mandaue City Public Market has increased by ₱2 to
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
By Rediff Money Desk, Kolkata Rice exporters warned against CIF contracts to Iran, Gulf due to West Asia conflict. Potential disruptions, rising costs, and market impact.
India exported approximately 6 million tonnes of basmati rice during 2024-25, with demand primarily driven by the Middle East and West Asian markets. Other major buyers include
The federation advised members to shift to free on board terms, allowing international buyers to handle freight and insurance, thereby protecting Indian exporters from rising
TOI Business Desk / TIMESOFINDIA.COM India’s rice exports may take a hit in wake of the deteriorating situation in the Middle East –the country’s five leading export
Exporters said Iranian importers had placed orders for large quantities of basmati rice from India in the past two months before the war began. Reported by: Himanshu Shekhar