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Indian rice exports up 10% in April-May as basmati shipments gain 21%

Photo By Agrihunt

Indian rice exports were off to a good start in the current financial year with volume of shipments increasing by about a tenth in the first two months to over 3.67 million tonnes (mt) compared with 3.36 mt in the same period a year ago on strong demand for basmati rice.

Basmati rice shipments during this period were up 21 per cent at 8.30 lakh tonnes (lt) against 6.85 lt a year ago. Similarly, non-basmati rice shipments, despite curbs on broken rice and export duty, were up by 6 per cent at 2.84 mt against 2.67 mt.

Source Link: https://www.thehindubusinessline.com/economy/agri-business/indian-rice-exports-up-10-in-april-may-as-basmati-shipments-gain-21/article67049956.ece

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