India has reduced the floor price for basmati rice exports from $1,200 to $950 per tonne in order to boost trade. This decision aims to stimulate economic growth, provide relief to farmers and exporters, and increase the competitiveness of Indian basmati rice in the global market.
Published on: 27/10/2023Category:
Declining Indian Rice Prices Continue to Drop
Parboiled rice prices in India decline as tax extension and new season supplies impact demand, while Vietnamese rates show improvement due to increased interest from Indonesia.
Published on: 27/10/2023Category:
“The impact of COVID-19 on small businesses: What you need to know”
Pakistan is a major player in the global rice market, exporting high-quality rice and catering to both domestic and international demand. Rice suppliers, mills, and companies in Pakistan contribute significantly to the country’s economy and ensure timely delivery and quality standards.
Published on: 27/10/2023Category:
India Continues to Import Lentils from Canada Amidst Growing Tensions
India’s lentil imports from Canada have surged, leading to increased supply in the country. This mutually beneficial partnership strengthens trade ties and ensures food security as domestic production alone may not meet demand. Canada’s high-quality lentils are preferred by Indian consumers and have helped meet the growing demand while enhancing availability and affordability.
Published on: 27/10/2023Category:
india reduces basmati rice export floor price to boost international business
India has reduced the floor price for basmati rice exports from $1,200 to $950 per tonne, in response to the concerns of farmers and exporters. This move aims to boost trade and improve the competitiveness of Indian basmati rice in global markets.
Published on: 27/10/2023Category:
India reduces minimum price for basmati rice exports to boost shipments
India has reduced the floor price for basmati rice exports to $950 per metric ton, restoring competitiveness in global markets and addressing complaints from farmers and exporters. The reduction is expected to stabilize paddy prices, which have dropped by almost 20% in the last two months.
Published on: 27/10/2023Category:
government reduces basmati export floor price to $950 per tonne
The Indian government has reduced the minimum price for basmati rice exports from $1,200 to $950 per tonne, aiming to address challenges faced by exporters and boost the growth of the rice industry. This move is expected to enhance the competitiveness of Indian basmati rice in the global market.
Published on: 27/10/2023Category:
Government Reduces Basmati Minimum Export Price by $250/Tonne
The Central government of India has reduced the floor price for basmati rice exports from $1,200 to $950 per tonne, aiming to enhance the competitiveness of Indian basmati rice in the global market and boost exports. This decision follows protests from farmers and traders who were unhappy with export curbs.
Published on: 27/10/2023Category:
adani group raises $4 billion for green hydrogen projects in India
India’s Adani Group is reportedly seeking $4 billion in funding to support its green hydrogen plans. The company’s subsidiary, Adani New Industries, is in talks with lenders to raise capital for various projects, including a state-of-the-art green hydrogen facility in Gujarat. The facility aims to produce one million metric tons of green hydrogen annually, contributing to India’s transition to clean energy.
Published on: 27/10/2023Category:
Government slashes minimum price for exporting basmati rice
The Indian government has lowered the floor price for basmati rice exports, aiming to regain lost market share and support the industry. This move comes after demands from rice exporter associations and is expected to benefit exporters, farmers, and maintain competitiveness in global markets.
Published on: 27/10/2023Category: