Rice exports from India set to climb in last quarter
Commodity Online | February 15 2019
UPDATED 11:02:09 IST

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India's Rice exports are set to rise in the last quarter of FY 2018-19 on a surge in orders after shipments slumped 14 per cent in the last three quarters over high input costs and lukewarm demand from Bangladesh.

Exporters have seen a surge in demand from the UAE, Iran, Saudi Arabia and the US this quarter. The official said the supply for exports has picked up after being affected for the last few months of 2018.

Consignments in January are better than the previous year and the trade is likely to attain levels close to the previous year, a senior commerce and industry ministry said.


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