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BASMATI RICE MARKET
Basmati prices may fall 5–10% as Strait of Hormuz closure hits exports"After the interim (US-Iran) peace deal was announced, exporters started buying basmati rice in good quantities for shipment to the Middle ...- India's rice stocks climb to record high; wheat inventories at five-year peakIndia's government warehouses hold record rice stocks, up 15% from last year. Wheat inventories are at a five-year peak. These abundant res...
- India Inc gears up for Middle East rebound after peace dealIndian businesses are preparing for a surge in Middle East demand following a peace agreement. Companies are increasing production and secu...
- Basmati rice, tea exports to West Asia come to a grinding haltExports of basmati rice and tea to West Asia have stopped due to the US-Iran conflict. Vessels carrying rice are waiting at Kandla Port. Te...
- India rice exports decline as Iran war curbs basmati shipments to GulfIndia's rice exports saw a slight dip in the first four months of 2026. Shipments of premium basmati rice to Gulf markets faced disruptions...
- Exports diversification drive adds $202 million to kitty in FY26India's exports expanded significantly last fiscal year. New product and country combinations generated over $200 million in new trade. Shi...
- Consumer companies feel summer wedding glow as jewellery, appliances, staples sales outpace winter gainsSummer weddings are driving a significant spending surge across India. Strong rural incomes from a good harvest are boosting sales of every...
- Bardhaman’s potato economy in focus as farmers weigh choices amid Bengal pollsIn Purba Bardhaman, potato farmers face price caps, weak markets and migration woes. As elections near, discontent simmers, but TMC still a...
- Basmati rice exporters urge govt action on shipping charges amid West Asia crisisBasmati rice exporters face crippling shipping charges. War-risk surcharges are soaring, sometimes reaching 70 percent of cargo value. Ship...
- Basmati rice exports hit by Hormuz crisis; 4 lakh tonnes of cargo stranded right now: Abhishek GovilkarThe Strait of Hormuz crisis has severely impacted India's basmati rice exports to the Middle East, stranding four lakh tonnes of cargo and ...
- West Asia war: Punjab industry hit by labour shortage, rising costsThe ongoing turmoil in West Asia is sending ripples through Punjab's industrial landscape. Manufacturers of textiles, bicycles, and automot...
- Wholesale rice prices up 7% as West Asia ceasefire fuels export rushIndian rice prices have seen a significant jump at the wholesale level. This surge follows a recent ceasefire between the US and Iran, lead...
- West Asia war hits rice exports from MP's Raisen and Balaghat districtsThe ongoing crisis in West Asia is casting a shadow over rice exports from Madhya Pradesh, particularly affecting the prized Basmati from R...
- India’s basmati rice exports to stay steady despite Middle East conflict: CrisilIndian basmati rice exports are projected to stay stable this fiscal and next. Growth of up to two percent is anticipated over last year's ...
- Basmati prices may soften soon amid Israel-Iran conflictBasmati rice prices, recently elevated due to increased exports, are anticipated to decrease as exports to Iran are expected to decline ami...
- Exporters see increased demand as India removes basmati rice MEPThe government has removed the minimum export price of $950 per tonne for basmati rice, leading to increased global enquiries. This move is...
- Many large buyers from Turkey land in India to buy basmati rice; prices surge“The old contracts that were kept in abeyance because of sub-$1200 price per tonne are being shipped now. New orders are pouring in with la...
- Non-basmati rice exporters to suffer, while basmati rice exporters could flourish due to export ban: Ind-Ra reportThe export ban on non-basmati rice is expected to aid basmati producers through higher realisation and lower working capital requirements, ...
- India to nudge Iran to resume Basmati importsBoth India and Pakistan have claimed geographical indication on aromatic long grained basmati rice, saying the variety is unique to the res...
- Wheat falls on increased supply; rice basmati remains upWheat prices declined by Rs 50 per quintal on the wholesale grains market today on increased supplies against reduced offtake by flour mill...
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