Page 4 - Rice Export

Pak rice exporters having a field day as India bans non-basmati rice export

Rice exporters of Pakistan are having a field day due to the Indian government's ban on the export of non-basmati white rice to the international market. On July 20, the Indian government banned exports of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season. Non-basmati white rice constitutes about 25 per cent of total rice exported from the country. Pakistan Rice Exporters Association Chairman Chela Ram Kewlani said that the ban on non-Basmati white rice export by India has led to an increase in the export orders of Pakistani firms. There is a big demand for Pakistani rice in the global market after India placed restrictions on the export of non-basmati rice. International buyers are now turning towards Pakistani exporters, Kewlani told PTI on Wednesday. This year, Pakistan is expected to export rice worth over USD 3 billion dollars, he said, adding that the price of basmati rice has risen by 100 dollars per ...

India should exclude premium rice variety from export ban: Trade body

India should allow exports of 1 million metric tons of a premium non-basmati rice variety favoured by overseas Indians, which are struggling to secure staple after New Delhi banned the exports

No immediate plan to curb rice exports, says Vietnam food assoc official

Vietnam's 5% broken rice prices rose to $550-$575 per metric ton on Monday, traders said, their highest since 2011, from a range of $515-$525 before India's move

Rice export ban: India can't lead the global south and not feed it

New Delhi's justifications for its decision are familiar: rising food prices at home, with a general election looming next year

Global rice markets in turmoil as India bans export of non-basmati

Social media has been abuzz for the past few days with viral videos of people stocking rice bags in the US and the UK, and stores restricting supplies of Indian rice

Rice risks hitting decade-high as top exporter India imposes export curbs

Rice is vital to the diets of billions in Asia and Africa, and a surge in prices would add to inflationary pressures and jack up the import bills for buyers

Rice prices to climb further after India export ban, trade at standstill

In Thailand, the world's second biggest exporter, suppliers were waiting to find out prices before signing new deals

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India mulls banning exports of most rice varieties as local prices surge

The government is discussing a plan to ban exports of all non-Basmati rice, according to people familiar with the matter

India approves wheat, broken rice exports requests from 4 countries

India has decided to approve wheat and broken rice exports to few selected countries following their requests to allow the shipments of the grains, the government said

Inspections requirements for rice export to European nations deferred: DGFT

India suspended necessary requirement of certificatin of inspection by export inspection organisations for shipping both basmati and non-basmati rice to specified European nations by six months

Centre seeks info from embassy on Iran's bar on rice, tea imports

'As of now, there has been no confirmation from the authorities and the response from the embassy in Tehran is also taking time'

Broken rice exports up 33% to 2.4 million tonnes in Apr-Sep FY23: Report

Exports of broken rice increased 33.37 per cent to 23.82 lakh tonne during April-September FY23 as against 17.86 lakh tonne in the year-ago period, Parliament was informed on Wednesday. Minister of State for Commerce and Industry Anupriya Patel said there has been a sudden increase in demand for the Indian broken rice in the international market due to geo-political reasons. "India's exports of broken rice have increased from 17.86 Lakh MT in 2021-22(April- September) to 23.82 Lakh MT in 2022-23 (April-September), registering a growth of 33.37 per cent," she said in a reply to the Lok Sabha. The minister added that the export has increased about three times in the last four years from 12.21 lakh tonne in 2018-19 to 38.90 lakh tonne in 2021-22 in volume terms. In value terms also, shipments rose from USD 369.58 million in 2018-19 to USD 1.13 billion in 2021-22. Broken rice is mainly used for ethanol production and as poultry and cattle feed. Citing the first advance estimates for

Govt may review blanket ban on broken rice exports if procurement steadies

Exports may still face some curbs with the imposition of a duty instead of the complete ban that is currently in place, but matters are still at a discussion stage, say sources

Mamata urges PM Modi to exempt customs duty on 'Gobindobhog' rice export

Pure Gobindobhog rice is grown in a few districts of West Bengal and it has been awarded Geographic identification on October 24, 2017

India allows rice exports backed by already issued letters of credit

The surprise move trapped nearly 1 million tonnes of rice at ports or which had been in transit before the government made the announcement

India rice export curbs to end a decade of price stability: Report

India's recent curbs on rice exports could trigger a rally in global prices after more than a decade of stability, traders said, as New Delhi's protectionist move coincides with falling output

Centre allows exports of 397,267 tonnes broken rice backed by LoC

India will allow overseas broken rice shipments of 397,267 tonnes backed by letters of credit (LCs) issued before September 8, the government said

Export of rice consignments with limited quantity of broken rice allowed

The government imposed a ban on the export of broken rice with effect from September 9 to increase domestic availability

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