The company, which exports basmati rice from India, is considering investing in a rice mill as part of its backward integration plans, while expanding its spices exports basket.
Despite challenges in Iran and global uncertainties, significant exports continue, especially to the European Union. By Prabhudatta Mishra Basmati (paddy) prices have improved
by Trade Brains In a significant shift in the global rice market, prices have experienced their sharpest decline in 16 years following India’s decision to relax export curbs.
Efforts of the Special Investment Facilitation Council (SIFC) are yielding results as Pakistan has historically achieved $4 billion from the exports of rice. As per details,
Farmers like Amrik Singh from Amritsar are bearing the brunt of these developments. Singh, who sold his Basmati 1509 produce at Rs 2,600 per quintal today, is deeply disappointed.
SynopsisIndia’s 5% broken parboiled variety was quoted at $490-$495 per metric ton this week, the lowest since Aug. 24, 2023, amid weak demand and depreciation in the rupee.
BENGALURU/MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice prices across major Asian hubs declined to their lowest in more than a year this week, pressured by slow demand and increased
The USDA says pork export sales were solid during the week ending October 3rd. The pork sales total was up on the week and considerably larger than average, with Mexico purchasing
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