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BASMATI RICE MEP
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...- Govt removes MEP of rice, onionsThe central government has removed the minimum export price on onions and basmati rice and reduced the stock holding limit for wheat to boo...
- Basmati rice export prices plummet below government MEP, global buyers stay awayExport price of basmati rice falls below government-fixed minimum export price, impacting global buyers and domestic prices. Concerns arise...
- 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...
- India cuts floor price for basmati rice exportsThe India government's decision to reduce the Minimum Export Price (MEP) of basmati rice from $1,200 per tonne to $950 per tonne is expecte...
- India likely to cut floor price for basmati rice exports, sources sayThe government is likely to bring down the floor price, or minimum export price (MEP) for basmati rice, to $950 per metric ton from $1,200 ...
- Basmati exporters stop buying to protest pricing curbsBasmati exporters and millers in Haryana, Punjab, and western Uttar Pradesh have stopped purchasing rice from wholesale markets due to the ...
- Govt retains basmati rice MEP at $1,200/tonneExporters warned that the decision - announced in a circular issued on Saturday - will help Pakistan to eat into India's share in global ma...
- Basmati export floor price may be lowered to counter Pakistan moveIndia will lower the basmati floor price to $850 a metric ton, down from $1,200 a ton, to help millers and traders ship out the rice grade,...
- Government may soon scrap basmati rice MEP"We are thinking of abolishing MEP on basmati rice. A notification in this regard will be issued soon," a senior Commerce Ministry official...
- Govt to take call on raising basmati MEPThe government is examining the need to raise the minimum export price (MEP) for basmati rice to contain the rising domestic prices of this...
- Basmati MEP at $900 tonneEGoM is understood to have okayed MEP of basmati rice to be enforced at $900/tonne instead of $788/tonne.
- Implement Basmati MEP strictly: EGoMAn EGoM on food has said that the $900/tonne MEP be stringently enforced.
- Basmati prices shoot up, govt may hike MEPPrices for basmati rice varieties have shot up from earlier lows, indicating exporters are willing to buy from farmers at higher prices.
- Basmati on the boil, MEP may go up by $100/tSoaring prices indicate that traders & exporters are willing to buy from farmers at higher prices.
- Govt slashes basmati’s export price to $900/tonne to beat competitionThe Centre has lowered the minimum export price (MEP) for basmati rice further to make it more competitive in the global market.
- Basmati MEP likely to dip after pollsThe minimum export price (MEP) of Basmati rice is likely to be reduced again after elections as export of the premium rice variety from Ind...
- Link MEP with quantity of export: Basmati growersTop exporters have urged the Commerce ministry that MEP imposed on exports should be linked directly to quantity of Basmati and other varie...
- Global demand pushes up basmati exports; ban dents other varietiesBasmati rice exports are estimated to have jumped 13% despite a cess of Rs 8,000 a tonne, while shipment of non-basmati varieties fell by 3...
- Pak farmers to gain from export duty on Basmati ricePakistani farmers will be the gainers thanks to the imposition of Rs 8,000 export duty per tonne on basmati rice by the Indian government, ...
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