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BASMATI PADDY
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...- Pilibhit in UP to get India's first integrated Basmati, organic training-cum-demo farmIndia is set to boost its Basmati rice sector. APEDA will establish a new training and demonstration farm in Pilibhit. This facility will f...
- LT Foods partners with KidZania India for immersive basmati rice factory experience for childrenLT Foods has launched a new factory experience at KidZania India. Children can now learn about Basmati rice production. They will experienc...
- 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...
- Punjab targets to bring 20 pc more area under basmatiThe Punjab agriculture department is planning to increase the area under basmati crop by over 20 per cent in the current sowing season, wit...
- Basmati prices may zoom as rains hit Haryana cropThe country annually produces 8.5-9.0 million tonnes basmati rice. In FY22, India had exported 3.94 million tonnes of the variety to West A...
- Basmati paddy price slides in India due to tepid global demand, higher outputIndia is the largest exporter of basmati rice and its price is a function of global trade. A decline of 10% in price was recorded in the fi...
- Basmati exports growth to slow down in FY20: ICRAOn the supply side, basmati paddy prices continued to firm up for three years in a row.
- ICEX to launch Basmati paddy futures contract tomorrowTotal Basmati paddy production in India is approx 10 million tonnes.
- NCDEX to launch Basmati futures on WednesdayAddition of Paddy (Basmati) – Pusa 1121 will improve decision making of the value chain.
- Basmati prices fall 5% as India awaits clarity on Iran export payment modeIran has remained the largest importer of basmati rice from India in recent years.
- Basmati rice exports face an uncertain outlookICRA note mentions that besides Iran, changing trade policies by another major importer Saudi Arabia could also have a significant impact.
- Millers double non basmati purchase in PunjabThis year millers have already bought around 2 lakh tonnes of paddy compared to 1.5 lakh tonnes in the entire procurement season in the las...
- Basmati rice exports grow 32% in Q1: ICRABasmati rice exports in the current fiscal have been encouraging, especially driven by demand from Iran. The Middle Eastern countries are t...
- Basmati rice industry may see revival from H2 of 2016-17: IcraThe supply of basmati paddy is expected to witness some moderation as farmers are likely to shift away from basmati, given the non-remunera...
- Basmati crop likely to fetch lower prices on higher supplyWith the Punjab government emphasising on crop diversification programme, area under basmati crop surged by 55 per cent to 8.62 lakh hectar...
- Steady export demand may keep basmati prices firmSteady export demand and increased buying by domestic traders are expected to keep basmati prices bullish. Production of both traditional a...
- Rice exports may rise 15% as government scraps export floor priceIndia's rice exports are likely to jump as much as 15% this year after the government scrapped the minimum export price (MEP) of $700 per t...
- Basmati industry displays detail how promoters got carried away by 2008 commodity bull runThe basmati industry is a microcosm that displays in fine detail how promoters got carried away by the commodity bull run in 2008.
- Prices of non-basmati paddy fall up to 40% in Punjab, HaryanaPrices of non-basmati paddy varieties have dipped by 30 to 40 per cent in Punjab and Haryana during this marketing season due to a ban on e...
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