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
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
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
We must move from being a commodity rice to a high-value and less water-consuming rice exporter, says top basmati breeder. Written by: Harish Damodaran India has been
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