OV News Desk The ongoing conflict in the Middle East is beginning to exert significant pressure on the global economy, affecting trade flows, energy supplies, and food
India’s 5% broken parboiled variety was quoted at $348-$353 per metric ton. Reuters Indian rice export prices edged lower this week on surplus supplies and rupee depreciation,
As regional conflict intensifies and shipping routes through the Strait of Hormuz face severe disruptions, India’s rice exporters are grappling with skyrocketing ocean
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,
Joe Mathew India had exported over $ 1.5 billion worth of basmati rice and $ 380 million worth of non-basmati rice during April-January 2025-26 to the six GCC countries that are
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
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