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Government decides to cut export floor price for basmati rice

The government, which imposed a floor price of $1200 a tonne for overseas shipments in August to cool domestic prices, has approved a decision to reduce it to $950 a tonne in a meeting on Monday | Latest News India

Big relief to Basmati griefs as Centre slashes Basmati export price

With 70 percent of Indian Basmati being exported within the price range of $700 to $1,200 per metric tonne, only 2-3 percent of the total Basmati rice produced in India is consumed domestically, with the majority intended for export.

Basmati MEP may be down to $850 a tonne in 2 weeks as local supply eases

The Centre had on August 25 mandated that basmati rice contracts only with a value of $1200 per tonne or above could be registered for exports till October 15. However, the order was extended by the government till ‘further notice’.

Basmati prices up after suspension of strike by exporters

Basmati prices up after suspension of strike by exporters
tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.

Rice exporters suspend strike, basmati purchase begins today

Rice exporters suspend strike, basmati purchase begins today
tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.

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