Exporters say they incur $70/tonne additional costs; Customs officials playing safe to verify if shipments are white or parboiled rice. By Subramani Ra Mancombu India’s white
The standoff between Telangana and the central government over parboiled rice procurement has eased, with Telangana set to supply 37 lakh metric tonnes to FCI. Demand for
BENGALURU /MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice export prices in Asia dropped sharply this week after India, the world’s largest exporter of the staple, eased restrictions
MUMBAI: India on Friday reduced export duty on parboiled rice to 10% from 20% earlier, the government said in a notification, as inventories in the world’s biggest exporter of
Synopsis India is considering easing restrictions on non-basmati rice exports as inventories surge and a new crop is set to be harvested. This move follows recent measures to
Area under paddy exceeds normal acreage, prospects for rabi look good. By Vishwanath Kulkarni Amidst prospects of a record rice harvest, exporters are looking forward to
To curb rise in prices and improve domestic supplies, in September last year the government had banned exports of white rice and subsequently had imposed a 20% export duty on
The ban, which took effect on 20 July 2023, was brought in to ensure the country had sufficient stock for domestic consumption and to cool prices. Dhirendra Kumar, Subhash
Highlights Pakistan parboiled 5% STX reaches $544/t Aug 27 Prices down $49/t on year, $35/t on month, $5/t on week Remains at $20/t premium to Indian parboiled 5% Pakistan