Rice exports seen at record as harvest may rebound

Saudi Arabia is facing a rice shortage and price hikes because of rising local demand in exporting countries, such as India, and soaring import costs, according to market sources. Another reason for the shortage is that Asian rice exporters have ...

Indian vegetable oil industry consists of 15,000 oil mills, 600 solvent extraction units, 600 vegetable oil refineries and 250 vanaspati units spread across the country crushing / processing oilseeds, oilcakes, rice bran & vegetable oils. The domestic turn over of the vegetable oil industry is over Rs.125,000 crores and import-export turnover of about Rs.65,000 crores per annum, consisting of Rs.50,000 crores for import of vegetable oils & Rs.15,000 crores for export of oilmeals, ...

India has started exporting a blend of basmati and non-basmati rice to Iran.The West-asian nation,which is still facing Western sanctions,is lifting aromatic non-basmati rice and pusa-1121 basmati variety from India and blending the two for its ...

Rice exports from the Kakinada anchorage (old) port have been sluggish of late. At present there are only four or five ships being loaded with rice at the anchorage, bound for West African and South African countries. Rice and maize exports, the ...

The Thai baht's rally to the highest level in 16 years is hindering exports from the world's biggest shipper, curbing the government's efforts to diminish record state stockpiles and threatening to increase its losses. Overseas buyers have rejected ...

LAHORE - The State Bank of Pakistan (SBP) has withheld a payment against export of rice to Iran without any reason, as the government has no clear stance on trade with Iran in the aftermath of trade embargo by the US. Local banks are no more opening ...

The feel-good factor may be fading for Indian and foreign investors, and the trade and balance of payments situation may look dire, but there are apparently some economic aspects in which India is still a "success story". One of them is food ...

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VietNamNet Bridge Vietnamese rice exporters had delivered 1.45 million tons out of the total 3.57 million tons of exports by the end of the first quarter of the year, according to the Vietnam Food Association (VFA). However, the average export ...