Page 5 - Rice Export

Rice exporters who paid duties before ban notif can ship consignments

The government has clarified exporters who have paid the export duty before the issue of notification on the ban on rice exports on July 20 will be allowed to ship that consignment. On July 20, the government banned exports of non-basmati white rice to boost domestic supply. While notifying this ban decision, the DGFT had specified about certain consignments which can be exported. In "relaxation" of DGFT's notification dated July 20, "export of non-basmati white rice is allowed when export duty is paid before 21:57:01 hours on July 20, 2023," the directorate has said in a notification dated August 29. It added that if the consignment has been handed over to the customs before 21:57:01 hours on July 20 and is registered in customs system for exportation before this specified time or is registered in the electronic systems of the concerned custodian of the customs station with verifiable evidence of date and time, those consignments are allowed up to October 30.

India decides to allow rice export to Singapore, cites special relation

India on August 27 introduced additional safeguards on exports of basmati rice so as to prevent exports of non-basmati white rice, which is presently under the prohibited category

Central govt's restrictions on rice exports puts wheat and sugar in focus

The curbs on rice now cover all varieties that the South Asian nation ships to overseas markets, further tightening global supply

Govt decides not to allow basmati rice exports below $1,200 per tonne

The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice in the garb of premium basmati rice. In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below USD 1,200 per tonne. Existing contracts below USD 1,200 per tonne have been kept in abeyance. A committee under the chairman of APEDA will be set up to evaluate future course of action. Seeking to control retail prices of rice, the central government has been taking several steps to boost domestic supply. In September last year, it banned exports of broken rice, while last month it imposed restrictions on non-basmati white rice. Last week, a 20 per cent export duty was slapped on par-boiled non-basmati rice. With these curbs, India has now imposed restrictions on all varieties of non-basmati rice. According to the statement of the commerce ministry, the government

India expands curbs on rice exports with 20% duty on parboiled grade

Last month, India surprised buyers by imposing a ban on exports of widely consumed non-basmati white rice, following a ban on broken rice exports last year

India not planning to restrict parboiled rice exports, clarifies food secy

Currently, there are no restrictions on the exports of parboiled rice, which constitutes nearly a third of India's total rice exports

Rice supply faces new threat as India considers more restrictions

The government is considering imposing a tax on shipments of parboiled rice, according to people familiar with matter. No decision has been made yet

Domino effect: India rice export ban puts market on edge for similar curbs

Thailand, Vietnam and Pakistan, world's second, third and fourth biggest exporters, respectively, have said they are keen to boost sales since demand for their crops has been rising after India's ban

Govt might lift the ban on white rice export soon as production increases

In September last year, India imposed a ban on broken rice exports and put a 20 per cent export tariff on non-basmati and non-parboiled rice, aimed at improving domestic supplies

India's rice export ban now sparks concern that sugar might be next

The rice export ban is a clear signal the government is concerned about food security and inflation, said Henrique Akamine, head of sugar and ethanol at Tropical Research Services

Thailand's rice exports benefiting from India's export ban: Minister

The government would ensure sufficient rice output for both domestic consumption and exports, and also make sure domestic prices are not too high, minister Jurin Laksanawisit told a press briefing

World rice price index jumps to near 12-year high in July, says FAO

The United Nations food agency's rice price index rose 2.8% in July from a month ago to their highest level in nearly 12 years as prices in key exporting countries jumped on strong demand

Pak rice exporters having a field day as India bans non-basmati rice export

Rice exporters of Pakistan are having a field day due to the Indian government's ban on the export of non-basmati white rice to the international market. On July 20, the Indian government banned exports of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season. Non-basmati white rice constitutes about 25 per cent of total rice exported from the country. Pakistan Rice Exporters Association Chairman Chela Ram Kewlani said that the ban on non-Basmati white rice export by India has led to an increase in the export orders of Pakistani firms. There is a big demand for Pakistani rice in the global market after India placed restrictions on the export of non-basmati rice. International buyers are now turning towards Pakistani exporters, Kewlani told PTI on Wednesday. This year, Pakistan is expected to export rice worth over USD 3 billion dollars, he said, adding that the price of basmati rice has risen by 100 dollars per ...

India should exclude premium rice variety from export ban: Trade body

India should allow exports of 1 million metric tons of a premium non-basmati rice variety favoured by overseas Indians, which are struggling to secure staple after New Delhi banned the exports

No immediate plan to curb rice exports, says Vietnam food assoc official

Vietnam's 5% broken rice prices rose to $550-$575 per metric ton on Monday, traders said, their highest since 2011, from a range of $515-$525 before India's move

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

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

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