Nearly a third of India’s rice exports for this month are stuck due to a shortage of freight trains

Nearly a third of India’s rice exports for January 2022 are stuck due to a shortage of freight trains. Most traders have stopped signing February export contracts to avoid demurrage charges, industry officials told Reuters. The slowdown in exports from India, the world’s biggest rice exporter, has allowed rival suppliers such as Thailand, Myanmar and […]

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India’s rice export loses steam this quarter; Exports to Africa continue

Non-basmati rice exports from India have slowed during the current quarter, especially to the Far-East and South-East Asia, on new paddy arrivals from theregion. In addition, , payment trouble with Vietnam buyers, high freight charges and current market volatility are impacting shipments. On the other hand, shipments to Africa, especially parboiled rice, are doing well, […]

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Vietnam demand seen driving 2020/21 global cotton consumption higher

Robust growth in Vietnam’s cotton yarn and product exports is projected to drive 2020/21 cotton consumption to a record 7.3 million bales, 700,000 higher than the previous year’s downfall from COVID-19, the U.S. Agriculture Department (USDA) said in its latest monthly report. Yarn exports in 2020/21 have already exceeded the previous year’s record by more […]

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World 2021/22 coffee production forecast down 11 million bags on Brazil’s woes

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World coffee production for 2021/22 is forecast down 11.0 million bags from the previous year to 164.8 million, due primarily to Brazil’s combined effect of Arabica trees entering the off‐year of the biennial production cycle and a weather‐related shortfall, the U.S. Department of Agriculture (USDA) said in its annual coffee report. As a result of […]

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