Rice Export

West Asia crisis: Farmer earnings may decline if exports remain affected

Though some reports claim that authorities have started exploring alternative routes to quickly ship farm goods bound for West Asia, if the crisis continues, the losses could be substantial

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rice exporters have sought urgent government support to mitigate the impact of shipping disruptions triggered by the Iran crisis and instability across key maritime routes, according to a representation submitted by the Indian Rice Exporters Federation (IREF). The Federation, in its representation to the Agricultural and Processed Food Products Export Development Authority (APEDA), said exporters are facing an acute shortage of containers, suspension or cancellation of vessel calls to the Middle East, and sharply higher logistics costs. International freight rates have risen by an estimated 15-20 per cent, while war-risk surcharges and insurance premiums for Gulf-bound shipments have increased significantly. Bunker fuel costs have also climbed, with marine fuel oil prices rising to around USD 580 per tonne from about USD 520, it said. The disruptions have also weighed on domestic prices, with basmati rice prices falling about 7-10 per cent in the past 72 hours, intensifying ...

Rice exporters warned against CIF contracts to Iran amid West Asia crisis

An association of Indian rice exporters on Sunday advised its members to avoid new 'cost, insurance and freight' commitments to Iran and Gulf destinations, amid deteriorating geopolitical situation in West Asia and possible restrictions on shipping through the Strait of Hormuz. 'Cost, insurance, and freight' (CIF) is a shipping agreement that ensures a seller covers the costs, insurance, and freight of a buyer's order when cargo is transported via a waterway. The advisory comes after the US and Israel launched a major attack on Iran on February 28, with Iranian Supreme Leader Ayatollah Ali Khamenei killed early on Sunday. The Indian Rice Exporters Federation (IREF) asked its members to conclude sales on free-on-board (FOB) terms, wherever feasible, so that freight, insurance and related risks remain with the international buyer. The organisation said that developments in Iran and the United Arab Emirates could have an immediate impact on bunker (supplying fuel to ships) prices and

Indian exporter secures US order for 5,000 tonnes basmati rice: IREF

A member of the Indian Rice Exporters Federation (IREF) has entered into a commercial agreement to supply 5,000 tonnes of basmati rice to a buyer in the US, according to a statement. The federation said that this is a significant development as it comes after the finalisation of India-US trade deal, under which America has agreed to reduce reciprocal tariffs on Indian goods to 18 per cent from the present 25 per cent. "One of the members of the IREF has successfully entered into a commercial agreement for the supply of 5,000 MTs of basmati rice to a buyer in United States of America," it said. IREF said it has encouraged all its members to continue maintaining quality standards in their export activities.

No market opened for agriculture in India-US trade deal, says Chouhan

Chouhan said that, rather than compromising farmers' interests, the trade deal will open new avenues of opportunity for crops such as rice

India's rice exporters hope to boost shipments to US after tariff cut

Exporters expect improved competitiveness and higher shipments to the US after the proposed reduction in American tariffs on Indian goods to 18 per cent from 50 per cent

US tariff cut to 18% to boost Indian rice exports, says exporters' body

The Indian Rice Exporters Federation (IREF) on Tuesday expressed optimism over a proposed reduction in United States import tariffs on Indian goods to 18 per cent, down from the earlier 25 per cent. The federation expects this move to restore price parity with competing nations and significantly boost shipment volumes. According to IREF National President Prem Garg, the revised tariff structure would place India on a par with competitors like Thailand and Pakistan, which currently face duties of approximately 19 per cent. "The move to lower tariffs from the earlier 25 per cent to 18 per cent is a significant victory for price parity. This effectively neutralised the duty disadvantage we faced against competitors like Thailand and Pakistan. " Indian rice can now compete on a level playing field in one of our most high-value markets," exporter RiceVilla Group's CEO Suraj Agarwal said. The industry is also hopeful that a potential penalty related to India's purchase of Russian oil be

Iran crisis hurting India's basmati exports, affecting mandi prices: Group

Civil unrest in 'pillar market' has disrupted payment cycles, delayed shipments and dented buyer confidence

India's 2025 rice exports surge to near record levels as curbs lifted

An improved flow of rice from the world's largest exporter of the grain curbed shipments from rivals Thailand and Vietnam and drove prices in Asia to their lowest in nearly a decade

Chhattisgarh extends mandi fee exemption on rice exports for another year

Chhattisgarh Chief Minister Vishnu Deo Sai on Saturday announced that the exemption on mandi (market) fee for rice exporters will be extended for another year, a move aimed at boosting rice exports in the state. Addressing the second edition of the India International Rice Summit at a private resort here, Sai said the extension would be significant for exporters and farmers, and strengthen Chhattisgarh's position in the global rice market, a government statement said. He said the summit was significant as it had brought together buyers from 12 countries and embassy delegations from six nations, reflecting growing international interest in the state's rice sector, it said. The participation of global stakeholders would help Chhattisgarh gain wider recognition in the international rice trade, he added. Chhattisgarh was rightly described as the "rice bowl" of India by earlier generations and the state continues to live up to that identity, with rice forming an integral part of its ...

India's 2025 rice exports jump 19.4% to near record as curbs lifted

Exports rose to 21.55 million metric tons from 18.05 million in 2024, near the 2022 record of 22.3 million tons, the official said

Budget 2026: Rice exporters seek tax relief, credit and freight support

The Indian Rice Exporter's Federation has urged the Centre to provide a 4% interest subvention on export credit, 3% road and rail freight support, and ensure timely disbursal of duty remission schemes

India's domination of rice export fuels concern over depleting groundwater

In the rice-basket states of Haryana and Punjab, groundwater was reachable at around 30 feet a decade ago, according to 50 farmers and eight water and agriculture officials

Pakistan to export 100K tonnes of rice to Bangladesh, marking record trade

Pakistan is set to export 1,00,000 tonnes of rice to Bangladesh, highlighting the improved trade relations between the two countries since the ouster of former premier Sheikh Hasina last year in August. The tender for the same was issued by the Trading Corporation of Pakistan (TCP) last week, a TCP official said. This is the highest consignment of rice to Bangladesh from Pakistan to date. The first Batch of 50,000 tonnes of rice was exported after both countries began government-level trade with rice imports in February this year. A leading rice exporter said that if trade increased with Bangladesh, it would be good for business as rice exports had fallen 28 per cent in the first quarter of the fiscal year 2025-26. It is because of the many barriers we face from the government, which complicates the entire process, Waqar Ahmed, who runs his own rice mills in Punjab province, said. He added that the reasons for the decline were the resumption of rice exports by India last year, an

Chhattisgarh exports first batch of fortified rice kernels to Costa Rica

The 12-tonne export marks India's global debut in fortified rice trade, linking its nutrition mission with international markets

Mauritius looking to revive rice ties with India to ease out Pakistan

Pakistan became the country's significant rice supplier after India banned non-basmati rice exports in 2023 to cool down domestic markets

Global rice conference from Oct 30 to showcase AI-based sorting tech: IREF

Rice exporters' apex body IREF is organising a two-day global rice conference in the national capital starting Thursday with an aim to boost outward shipments and increase India's share in international trade. The Bharat International Rice Conference (BIRC) 2025, to be held during October 30-31 at Bharat Mandapam, will highlight India's growing leadership in the global rice sector, Indian Rice Exporters Federation (IREF) said in a statement on Wednesday. The event will also have a live launch of the country's first Artificial Intelligence (AI)-based rice sorting system, it added. The conference will bring together delegates from over 80 nations, including top global rice importers, exporters, scientists, and policymakers. The Agricultural and Processed Food Products Export Development Authority (APEDA) is giving non-financial support to the event. A special highlight of BIRC 2025 will be the felicitation of 17 farmers from several states by international buyers, recognising their .

Rice exporters seek deals with emerging markets after strong monsoon

Rice stocks in government warehouses have surged to record levels after a series of bumper crops in recent years

India targets 26 new markets to expand rice exports worth ₹1.8 trn

India to pitch its rice varieties in 26 countries, including Indonesia, Saudi Arabia, and Japan, at the Bharat International Rice Conference 2025 in Delhi

India pushing rice exports to largest importer of world Philippines

India is pushing rice exports to the world's largest importer of the commodity -- the Philippines -- and to tap the opportunity, a large delegation of leading exporters will visit the Southeast Asian nation next month, an official said. The Philippines is an important market for India in agricultural products exports. In 2024, the Philippines imported agricultural goods worth about USD 20 billion, with key imports including semi-milled rice, wheat and meslin, oilcake, food preparations, and palm oil. India exported agricultural products worth USD 413 million to the Philippines in 2024, accounting for about 2 per cent of the Philippines' total agricultural imports. India's major exports to this market were bovine meat, groundnut, rice, and tobacco. "Philippines' is the largest importer of rice in the world, with imports in 2024, valued at USD 2.52 billion. However, there is significant opportunity to expand India's rice exports in the Philippines as, despite India being the world's