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Indian traders hike rice export prices, cite higher duty and weak demand

The surge comes as traders factored in higher duties on rice shipments, while demand in Thailand remains subdued. ....

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India says Bangladesh cutting rice import duty raised domestic prices by 10%

Bangladesh's recent cut in import duty of non-basmati rice has pushed up prices of the grain in India's domestic markets by ten percent in the last five days, and is causing a rush among Indian exporters to go for deals with the neighbouring country. ....

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India's rice exports grow as additional Kakinada deepwater port opened

This will reduce waiting times and accelerate overall exports.
India s 5% broken parboiled variety of rice eased to $395-$401 a tonne from last week`s multi-year high of $402-$408.
New Delhi: Indian rice exports gained momentum this week after an additional port was opened in the country s biggest rice-handling facility, potentially easing congestion.
Waiting periods at the Kakinada Anchorage Port had reached up to four weeks, compared with about a week normally, because of congestion at the port.
From Saturday (February 13) we have started using Kakinada deepwater port, said B.V. Krishna Rao, president of the Rice Exporters Association of India, adding that this will reduce waiting times and accelerate overall exports. ....

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