Page 7 - India Rice Exports

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

Enough stocks of rice available in US, say exporters from Telangana

Assuring that there are enough stocks of non-basmati rice in USA market even after the export ban by India, a group of rice exporters from Telangana requested the Agricultural and Processed Food Products Export Development Authority (APEDA) to reclassify and lift the prohibition. Non-Residents Indians (NRIs) in USA need not worry about availability of rice as there are enough stocks in that county and it will surely last for six months, Kiran Kumar Pola, Director, Deccan Grainz India, a leading rice exporter from here said on Monday. A section of media reports suggested that following a ban on exports of non-basmati rice by the Centre, stores in the USA witnessed panic buying of the commodity by NRI consumers. "In conclusion, we seek your support in addressing inadequate rice classification and lifting the ban on rice exports. We can allow exports of the preferred varieties in small packing with a minimum export price. We can implement a more accurate classification system. In this

Paddy sowing up 3% to 18 mn hectares in kharif season; pulses area down 10%

Area under coverage for paddy is up 3 per cent to 180.2 lakh hectares till July 21 in the ongoing kharif (summer-sown) season, while the acreage of pulses is down 10 per cent to 85.85 lakh hectares, according to agriculture ministry data. The paddy acreage stood at 175.47 lakh hectares in the corresponding period last year. Pulses area was 95.22 lakh hectares in the same period last year. Paddy is the main kharif crop, sowing of which normally starts with the onset of southwest monsoon. About 80 per cent of the country's total rice production comes from the kharif season. As per the data, the acreage of Shri Anna-cum-coarse cereals has risen to 134.91 lakh hectares till July 21, as against 128.75 lakh hectares in the corresponding period last year. In non-foodgrains category, area under oilseeds has increased to 160.41 lakh hectares, from 155.29 lakh hectares in the same period last year. Groundnut sowing area has improved slightly to 34.94 lakh hectares from 34.56 lakh hectares.

India's rice export curbs put contracts for 2 million tonnes at risk

India's decision to ban non-basmati white rice exports will spur traders to cancel contracts to sell around 2 million metric tons of the grain, worth $1 billion, on the world market, dealers said

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

Top rice exporter India bans most shipments as late monsoon hits crop

India accounts for more than 40% of world rice exports but low inventories mean any cut in shipments will fuel food prices driven up by Russia's invasion of Ukraine last year and erratic weather

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

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

TMS Ep375: Wheat crop, Air India, rice exporters' shares, political symbols

Is India's wheat crop under threat? Can Air India wrest market share from Gulf airlines? Will the rally in shares of rice exporters sustain? How does the Election Commission allot party symbols?

Govt mulls lifting rice export curbs as supply improves, prices stabilise

India imposed a 20% duty on shipments of white and brown rice in September and banned broken rice sales abroad

Govt lifts ban on exports of organic non-basmati rice

The government on Tuesday lifted the ban on exports of organic non-basmati rice, including broken rice after the easing of domestic supplies moderated prices. The government had, in early September, banned the export of broken rice with an aim to increase domestic availability. This followed a 20 per cent duty on the export of non-basmati rice aimed at shoring up domestic supplies after prices surged in retail markets. In a notification, the Directorate General of Foreign Trade said the export of organic non-basmati rice, including organic non-basmati broken rice, will now be governed by rules that prevailed before the September ban.

Wheat acreage till Nov 18 up 15% YoY, record open market prices spur sowing

Centre refutes the assertion of artificial shortage of fertilisers in country

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

KRBL to expand non-basmati rice and bran oil portfolios: Jt MD Anoop Gupta

Basmati rice prices up 10-15% this year; may rise further as crop is 7-8% down

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

Top Headlines: Byju's to lay off 2,500 staffers, broken rice exports & more

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

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