Page 4 - India Rice Exports

Indian curbs to propel Pakistan's rice exports towards record high

Pakistan's exports could jump to 5 million metric tons in 2023/24 financial year, up from the last year's 3.7 million tons, Kewlani said

Parboiled rice rates spring to record highs on low supplies, firm demand

Traders noted that domestic supplies are accumulating, and that harvest has begun partially in the Mekong Delta, which is expected to peak in March

India's corn exports plunge as domestic prices rally on strong demand

India usually exports around 250,000 to 300,000 metric tons of corn every month but in December its exports fell to around 30,000 tons

USTR Tai to visit New Delhi next week for US-India trade policy forum meet

US Trade Representative Katherine Tai is scheduled to travel to New Delhi next week and will co-chair the ministerial-level meeting of the United States-India Trade Policy Forum with Commerce and Industry Minister Piyush Goyal. Ambassador Tai will travel to India from January 12-14 and begin her trip with a meeting with Goyal. She is also scheduled to meet Minister of External Affairs S Jaishankar later. On January 13, Tai will meet with civil society representatives, business leaders, and stakeholders to discuss the Biden-Harris Administration's engagement and commitment to fostering closer ties between the two countries. Tai's visit marks the first trip to India in the new year by a senior Biden administration official. Tai and Goyal will co-chair the 14th ministerial-level meeting of the United States-India Trade Policy Forum (TPF). During this year's meeting, Tai and Goyal will discuss a broad set of issues to enhance the resiliency of the trade relationship, including ...

Govt plans to sell FCI rice under Bharat brand; price not yet decided

In order to check rice inflation, the government is considering a proposal to sell FCI rice under the 'Bharat' brand but the discounted rate has not yet been decided, a food ministry official said. The ministry's efforts to check retail rice prices by boosting domestic availability through sale of FCI rice via e-auction under the Open Market Sale Scheme (OMSS) has received a lukewarm response. "There is a proposal to retail 'Bharat rice' but the price has not yet been decided," the official told PTI on Wednesday. Under the OMSS, the Food Corporation of India (FCI) is offering quality rice at a reserve price of Rs 29 per kg. "Whether to sell Bharat rice at the same rate or reduced rate, the decision has to be taken by the Group of Ministers," the official added. The government is already selling wheat flour (atta) and pulses under the Bharat brand through outlets managed by the National Agricultural Cooperative Marketing Federation of India (NAFED), National Cooperative Consumers' .

Indonesia secures rice import commitments from India, Thailand: Report

Jokowi, as the president is known, said while Indonesia's headline inflation is low, he remains concerned about food prices and imports would help secure supply

Govt monitoring rice situation in domestic, intl mkts on weekly basis

The government is closely monitoring the rice situation in the domestic as well as international markets on weekly basis and it can increase the percentage share in global rice trade when favourable conditions arise, Parliament was informed on Wednesday. India has banned export of broken and non-basmati white rice in view of uncertainty around rice production here and other rice producing countries due to geopolitical scenario, El Nino sentiments and extreme climatic conditions to check domestic prices and ensure adequate availability in the market here. "The government is closely monitoring the rice scenario in the domestic market as well as in international forum on weekly basis and the government can increase the percentage share in global rice trade when favourable conditions arise," Minister of State for Commerce and Industry Anupriya Patel said in a written reply to Lok Sabha. India was the largest rice exporting country in the world from 2018 to 2022 followed by Thailand and

India exported 7.3 MT non-basmati, imported 1.9 MT pulses in Apr-Oct: Govt

India has exported 26.08 lakh tonnes of basmati rice and 73.18 lakh tonnes of non-basmati rice during the April-October period of this fiscal year. In a written reply to Lok Sabha, Agriculture Minister Arjun Munda shared export data of major foodgrains. As per the data, the exports of basmati rice stood at 45.61 lakh tonnes in the entire 2022-23 financial year while the shipments of non-basmati rice stood at 177.92 lakh tonnes. Exports of basmati rice stood at 44.15 lakh tonnes in 2018-19; 44.55 lakh tonnes in 2019-20; 46.30 lakh tonnes in 2020-21; and 39.44 lakh tonnes in 2021-22. The data showed that exports of rice (other than basmati) were at 76.48 lakh tonnes in 2018-19; 50.56 lakh tonnes in 2019-20; 131.49 lakh tonnes in 2020-21, and 172.89 lakh tonnes in 2021-22 fiscal. India's total rice production stood at 1,357.55 lakh tonnes in 2022-23 as against 1,294.71 lakh tonnes in the previous year. Rice output stood at 1,164.84 lakh tonnes in 2018-19; 1,188.70 lakh tonnes in 201

Centre permits export of 20 MT of non-basmati rice to earthquake-hit Nepal

The government has provided a one-time exemption from the export ban to Indian Rice Exporters Federation for shipping 20 metric tonnes (MT) of non-basmati white rice as a donation to Nepal for earthquake-affected people. Last month, the government provided a similar exemption to Patanjali Ayurved. Though exports of non-basmati white rice were banned on July 20 to boost domestic supply, exports are allowed on the basis of permission granted by the government to certain countries to meet their food security needs and on request. "One time exemption from prohibition is granted to Indian Rice Exporters Federation for exports of 20 MT of non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or glazed)...as donation to Nepal earthquake victims," the directorate general of foreign trade (DGFT) said in a notification. In a separate DGFT notification, the government permitted exports of 2.40 lakh tonnes of non-basmati white rice to five countries, including ...

'NCEL can export 1,492,000 tonnes non-basmati rice, 50,000 tonnes sugar'

The newly set up cooperative export body NCEL has got permission to export 14,92,800 tonnes of non-Basmati rice to 16 countries and 50,000 tonnes of sugar to two countries, Cooperation Minister Amit Shah said on Wednesday in the Rajya Sabha. The National Cooperative Exports Ltd (NCEL) was registered in January this year under the Multi-State Co-operative Societies Act, 2002. It covers agriculture and allied activities as well as handloom and handicraft items by enrolling a large number of co-operatives under its fold with a target to double its revenue by 2025 from the current level of about Rs 2,160 crore. Shah, in a written reply to the Rajya Sabha, said NCEL has so far received 2,581 applications for membership under different classes from 22 states and Union Territories. "NCEL has so far got permission for exports of 14,92,800 tonne non-Basmati white rice to 16 countries and 50,000 tonne sugar to two countries," Shah said. NCEL will provide a complete ecosystem for promotion o

Govt permits NCEL to export 900k tonnes rice, 35k tonnes wheat products

National Cooperative Exports Ltd (NCEL) has been allowed to export nearly 9 lakh tonnes of broken rice and about 35,000 tonnes of wheat and wheat products to various countries. According to a recent gazette notification, the government has permitted export of 34,736 tonne of wheat and wheat products and 8,98,804 tonnes of broken rice. Of the total wheat and wheat products export, NCEL has been allowed to export 15,226 tonnes of maida/semolina, 14,184 tonnes of wheat grain, 5,326 tonnes of wheat flour and 48,804 tonnes of broken rice to Bhutan this year. In case of broken rice, the cooperative has been permitted to export 5 lakh tonnes of the grain to Senegal and 50,000 tonnes to Gambia in six month, the notification said. NCEL has been allowed to export about 2 lakh tonnes of broken rice to Indonesia and 1 lakh tonnes to Mali. India otherwise has banned wheat and broken exports since last year as a measure to check domestic inflation. However, some exports are allowed on a ...

Brisk export orders stoke new season basmati rice prices in India

This month, Reuters reported that India signed contracts to export about 500,000 metric tonnes of new season basmati rice, indicating brisk overseas sales of the premium aromatic variety

India faces queries from WTO on PMGKAY extension and rice export ban

Countries, including the United States, European Union, Canada, Australia, Switzerland, and New Zealand, are seeking clarity on the expiry dates of India's export restrictions and duties

China's rice exports to Ivory Coast top 2022 after India imposed curbs

The Asian nation shipped 45,000 tonnes to the African country in October, matching the volume exported in August, customs data compiled by Bloomberg show

India's non-basmati rice export slumps 57% in September on duty hike

Basmati rice export in contrast up 5.7% despite MEP

India likely to keep rice export bans into 2024, to hold up global prices

But Prime Minister Narendra Modi, who will seek reelection next year, has repeatedly tightened restrictions on shipments in a bid to curb domestic price rises and shield Indian consumers

India signs deals to export 500,000 tons of new season basmati rice

After imposing a ban on non-basmati white rice exports in Jun to stabilize domestic prices, India set a floor price, or minimum export price (MEP), of $1,200 a ton for overseas sales of basmati in Aug

Patanjali to ship 20 MT of non-basmati rice to Nepal for earthquake victims

The government has provided a one-time exemption from the export ban to Patanjali Ayurved for shipping 20 tonnes of non-basmati white rice as a donation to Nepal for earthquake victims. Though exports of non-basmati white rice were banned on July 20 to boost domestic supply, exports are allowed on the basis of permission granted by the government to certain countries to meet their food security needs and on request. "One time exemption from prohibition is granted to Patanjali Ayurved Ltd for export of 20 MT of Non-basmati white rice (Semi-milled or wholly milled rice, whether or not polished or glazed)as donation to Nepal for earthquake victims," the directorate general of foreign trade (DGFT) has said in a notification. According to a DGFT's notification issued in October, the government permitted exports of 10,34,800 tonnes of non-basmati white rice to seven countries, including Nepal, Cameroon and Malaysia. The quantity notified for Nepal is 95,000 tonnes, Cameroon (1,90,000 ...

India's November rice stocks at state warehouses around double target

Coupled with the new season crop that has started trickling into the market, the surplus indicates comfortable supplies for the domestic market

Govt may extend curbs on rice exports as output expected to drop: Report

Despite export restrictions, local rice prices remain almost 15% higher than a year ago