Exporters ask Centre to recognise current logistics disruption as a force majeure type; close to 90% of total rice exports to West Asia, worth about ₹25,000 crore annually, is
India’s basmati rice export trade has encountered a logistical bottleneck after escalating geopolitical tensions in the Middle East disrupted shipping routes to Iran,
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
PM coordinator meets Chinese Counsellor to advance CPFTA 3.0 talks. APP ISLAMABAD: Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, held a meeting with the
M. Soundariya Preetha Export of rice, which is mainly the basmati varieties, to west Asian countries is suspended following the U.S., Iran, Israel war. Satish Goel, president of
Overall purchase up 2% for the kharif season, exceeds 460 lakh tonnes as of February 28. By Prabhudatta Mishra Rice procurement by parastatal agencies such as the Food
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
Downloads
Login
Register
READ
