Robust procurement for free grain scheme, higher MSP, tepid response to open market sales jack up stocks. Currently FCI has 19.44 MT of rice, against the buffer of 7.61 MT for
Government has repeatedly tightened restrictions on shipments in a bid to curb domestic price rises India, the world’s top rice exporter, is expected to maintain its curbs on
New Delhi: The government is likely to face the “problem of plenty” of rice stock once again, barely five months after it stopped selling the food staple from its
Lower prices and ample stockpiles have helped make India one of the top shippers globally over the past decade, recently accounting for almost 40 percent of the total
A worker separates paddy rice at an open grain market near Jalandhar. Photo: AFP India, the world’s top rice exporter, is expected to maintain its curbs on overseas sales well
The state has procured around 176 lakh tonnes of paddy and around 17 lakh tonnes of Basmati so far as the harvesting of both crops nears completion. The state has procured around
India Seen Keeping Rice Export Bans Into 2024, Holding Up Global Prices (Bloomberg) — India, the world’s top rice exporter, is expected to maintain its curbs on overseas
Robust export demand from the Middle-East complements the trend Indian Basmati paddy prices are up this year on fears of a lower crop in Haryana, the largest producer. Besides,
BENGALURU/MUMBAI/HANOI/BANGKOK/BANGLADESH: Rice prices rose in most Asian centers this week, with export rates for the parboiled variety in top hub India gaining on a slight