Page 2 - Rice Demand

Explained: How govt imposing curbs on rice exports will affect India

The restrictions were placed, because sowing has not been up to expectations on account of irregularities in rainfall

Rice production may fall by 10-12 mn tonne in Kharif season: Food Secretary

India's rice production could fall by 10-12 million tonnes during the Kharif season of this year, due to a fall in paddy sowing area, the government said on Friday. However, Food Secretary Sudhanshu Pandey asserted that the country will have surplus production in rice. He pointed out that the paddy acreage is lower by 38 lakh hectare so far this kharif season, because of less rains in many states. The Kharif season contributes about 80 per cent of India's total rice production. "Loss of production of rice may be 10 million tonnes and in the worst case it can be 12 million tonnes this year," he told reporters here. However, the secretary said that this is an initial estimate based on drop in acreage and average yield. Pandey said the fall in production could be less as yield might improve in states where rains have been good. Total production of Rice during the 2021-22 crop year (July-June) is estimated at a record 130.29 million tonnes. It is higher by 13.85 million tonnes than

Centre to have enough rice even at half of next season's procurement target

As of August 16, the government has rice stocks of around 26.35 million tonnes in the Central pool

Panicked traders boost forward buys of Indian rice fearing a ban

In the last two weeks, traders have signed contracts to export 1 million tonnes of rice for shipments from June through September

Bangladesh import duty hike hits an already tottering Bengal rice market

Last year, Bangladesh imposed a 28 per cent import duty on rice from India, against two per cent earlier

Amid weak prices of agri commodities, robust rice demand bucks the trend

The price of rice has been ruling high, mainly on robust exports, demand from mills, and the entry of traders who lost in other commodities like oilseeds and pulses