Non-Basmati rice exports likely to cross 17 million tonnes this financial year: BV Rao, president, Rice Exporters Association

Exports of non-Basmati rice are poised to cross 17 million tonnes (MT) for the current financial year. Exports have already crossed 12.53 MTfor the current season against 13 MT for the entire 2020-21 season, BV Rao, president, Rice Exporters Association (REA), told Financial Express. According to data released by the association, non-Basmati rice exports have […]

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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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