Page 3 - Rice Export
Domestic paddy prices hold firm over damage to crop last year
Iran is the largest buyer of Indian basmati and shipments had stood at nearly $1.5 billion in 2018-19
 "Domestic paddy prices hold firm over damage to crop last year")
India's October rice exports drop 42% y-o-y on weak demand from Africa
Smaller shipments from India could help rivals such as Thailand, Vietnam and Myanmar to increase their exports, according to Indian exporters
 "India's October rice exports drop 42% y-o-y on weak demand from Africa")
Indian rice prices weaken on low demand; Bulbul damages Bangladesh fields
The Thai government has asked farmers in 22 rice-growing provinces not to grow off-season crops
 "Indian rice prices weaken on low demand; Bulbul damages Bangladesh fields")
Rice exporters require certificate of inspection to export to EU nations
India, the world's top rice exporter, exports about 3 lakh tonnes of basmati rice to the EU.
 "Rice exporters require certificate of inspection to export to EU nations")
India's non-basmati rice export falls after govt withdraws tax incentive
Government's decision to increase MSP consistently had raised cost of procuring
 "India's non-basmati rice export falls after govt withdraws tax incentive")
Rice exports from India witnesses a downward trend owing to elections
India is the world's largest rice exporter and in 2017, it had accounted for 25% of the global rice trade valued at US$ 7.73 billion, primarily due to its competitive cost advantage
 "Rice exports from India witnesses a downward trend owing to elections")
Govt extends duty benefits to non-basmati rice exporters to boost shipment
The duty benefit is provided under the commerce ministry's Merchandise Exports from India Scheme (MEIS)
 "Govt extends duty benefits to non-basmati rice exporters to boost shipment")
China clears 14 Indian rice companies for export amid trade war with US
China allows import of only basmati rice from India, but with this clearance, even non-basmati rice can be exported.
 "China clears 14 Indian rice companies for export amid trade war with US")
Rice exports to decline by 10% on restrictions from importing countries
Bangladesh imposes 18% import duty, EU introduces stringent quality norms; a part of decline to compensate through export to China
India rice exports surge 22% after Bangladesh ramps up purchase
The boost in shipments from the world's top exporter of the grain is set to extend into 2018
Rupee rally to slow export of non-basmati rice
Lower shipments from India will give rivals like Vietnam a chance to raise their share of market
 "Rupee rally to slow export of non-basmati rice")
Egypt has contracted to import 20,000 tonnes of Indian rice
The Egypt government did not explain why it had contracted to buy the rice
 "Egypt has contracted to import 20,000 tonnes of Indian rice")
