Indian rice trade wants export price to Bangladesh increased
Bangladesh’s interim government has resumed exports of its aromatic rice after 18 months, prompting Indian exporters to urge a hike in rice shipment prices to Dhaka. They fear the move could impact demand for Indian specialty rice like Sona Masuri and Jeera Kasala, potentially affecting around 2.5 lakh tonnes of Indian rice exports.
The interim government in Bangladesh has allowed exports of aroma rice after a year-and-a-half, leading to a section of Indian exporters demanding that New Delhi hike it rice shipment prices to Dhaka.
“After 7 years, the Bangladesh government has given a quota to export its special rice variety, which could affect Indian speciality rice varieties such as Sona Masuri, Jeera Kasala and premium non-Basmati rice,” said a New Delhi-based exporter.
Expats from Bangladesh used to consume Indian Origin rice, and Bangladesh’s quota will affect around 2.5 lakh tonnes of exports of Indian rice, he said.
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Source : The Hindu Businessline
