HomeNewsIndiaIndia's basmati rice exports seen surging after floor price removed
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India's basmati rice exports seen surging after floor price removed

The world's biggest rice exporter earlier this month removed a floor price of $950 a metric ton for basmati rice, weeks ahead of the arrival of the new season crop

Reuters
September 24, 2024 / 15:12 IST
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The minimum export price (MEP) posed a barrier to exporting certain basmati rice grades, and its removal has opened up opportunities for global buyers to access the full range of options, said Gaurav Bhatia, director at DD International, one of the top basmati rice exporters.
The minimum export price (MEP) posed a barrier to exporting certain basmati rice grades, and its removal has opened up opportunities for global buyers to access the full range of options, said Gaurav Bhatia, director at DD International, one of the top basmati rice exporters.
Reuters
first published: Sep 24, 2024 03:12 pm

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