Robust export demand likely for Indian basmati rice
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“Robust export demand for Basmati rice signals promising prospects for farmers this year, following record prices in the previous season. With a focus on calibrated production, farmers aim to avoid over-supply scenarios post a successful year. The news comes ahead of the sowing season, offering a hopeful outlook for aromatic varieties. Stakeholders anticipate a balanced market amidst the buoyant export demand.”
Export demand for Basmati is likely to be robust this year, which is good news for farmers of the aromatic varieties ahead of the sowing season after they received record prices last year for their crop. A calibrated production may help them to thwart any kind of over supply situation that normally follows after a good year.
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