Join / Sign In
Basmati rice exports grow
0 comm

Basmati rice exports grow

Administrator

Indian Basmati rice exports have witnessed a rebound in the current fiscal with Q1FY 2018 registering a 32% growth in exports contributed by 25% increase in realisations and 7% increase in volumes.

This comes after a three-year consecutive decline in basmati exports till FY2017 (Rs. 21,605 crores). In the past, despite the volumes holding firm, the exports have been adversely impacted by pressure on realisations (from a peak of Rs. 77,988/MT in FY2014 to Rs. 54,011/MT in FY2017), driven by lower demand in the global market as well as lower paddy prices over the procurement seasons of FY2015 and FY2016.

 

Read more at:
http://economictimes.indiatimes.com/articleshow/60778621.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

You may also like

22 Sep
Eurozone sees 'burst of activity'...
Eurozone sees 'burst of activity'...

The eurozone economy ended the...

Administrator
Comments (0)
30 Oct
The US crude oil exports increase!
The US crude oil exports increase!

Tankers carrying record levels...

Administrator
Comments (0)