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India raises rice export prices

indian_rice_fields.jpg

To discourage exports and control domestic food costs Indian government has raised the minimum price for exporting rice. India exports about 4-5 million tonnes of rice annually.

Non-basmati rice rate has gone up from $500 a tonne to $650 (Rs 26,000 rupees ).
Basmati rate has gone to $900 (Rs 36,000 rupees ). Earlier, there was no fixed minimum price for export of basmati rice.

india_basmati_rice.jpg

Grown on both sides of Ravi River that flows in East and West Punjabs (Indian and Pakistani), basmati gives a unique cultural taste !

“The step is aimed at restricting outflow of rice from the country,” Vijay Sethia, president of the All India Rice Exporters’ Association, said on Friday.

{ 9 comments… add one }
  • Ataullah April 24, 2008, 12:04 am

    This is my 2nd email I am sending to u plz reply me.
    We want to import rice for Afghanistan can u do to export rice for Afghanistan and which kinds of the rice do u have?
    If u interest plz reply me this e mail
    Waiting for ur reply

    DAWI ZIA LTD.
    AHMADI MARKET KANDAHAR AFGHANISTAN
    PH: 0093-700300149, 0093-700901804
    TEL/FAX: 0093-3002001612
    E MAIL: zia_dawi@yahoo.com
    MSN: dawi_zia@hotmail.com

  • Ataullah April 24, 2008, 12:25 am

    We want to import rice for Afghanistan can u do to export rice for Afghanistan and which kinds of the rice do u have?
    If u interest plz reply me this e mail
    Waiting for ur reply

    DAWI ZIA LTD.
    AHMADI MARKET KANDAHAR AFGHANISTAN
    PH: 0093-700300149, 0093-700901804
    TEL/FAX: 0093-3002001612
    E MAIL: zia_dawi@yahoo.com
    MSN: dawi_zia@hotmail.com

  • Poverty a Subject May 15, 2008, 4:23 am

    Export ban on export of essential goods is only temporary solution to meet demand.

    world over food and essential goods crisis is due to low production and farmland being converted to urban land.

    Food grain shortage may have many reasons but two main reasons we are not taking into consideration. They are excessive urban growth and pruning agricultural lands and agriculture as non profitable business any more. One of the richest states (KERALA) in India has turned as consumer state rather than producing. 25 years back it produced rice and sold to other states now as the land converted to urban and houses has resulted shortage of agricultural land the main culprit for this issue is non profitable business. This situation will further aggravate if state government does step up for immediate action.

    Similar situation is now with entire world, demand is more and production is less due to imbalanced economic policies. More attention is given to urban economic growth than the rural research and development. A day will come when a slogan or will find ad “Buy one kg of rice and get a laptops free” as computers and other electronic products will be much cheaper. Economic growth has to be balanced considering social condition of the country. Banning exports of essential items is only temporary solution to overcome present situation but for future food grain shortage will further aggravate as
    • Global warming (even excessive urbanization has role to warm our globe). Excessive human population, Excessive concrete buildings – industries, carbon fuel based transportations heat up environment to reduce moisture in land results shortage and uncertain rain, river shrinkage, draught, shortage of water and so on.
    • 25 years back there was more agricultural land than of today many of them converted to more and more housing and industrial lands; whereas population growing fast, feeding will become challenge to most countries even developed countries will not escape. Nature’s priority is water, food and then shelter. Economic and scientific growth need to be first based on human needs.
    • Urban related economic growth thrusts agricultural land conversion to cities and building to accommodate urban population and industries. Over 20% of farm lands of developing countries have been converted to cities and buildings for the past decade and Over 50% of farmlands of villages (close to cities) got merged with cities.
    • Non profitable food grain production (international organization and appropriate governments shall have to reconsider bring back agricultural subsidies). Also make agriculture more profitable by linking customer and farmers by way of direct procurement by large stores, and other agencies so mediators and brokers are kept away.
    • Escalation of essential food prices by “Satta” future trading helps hording so less and less mediators between producer and final customer. Present system of trading agricultural goods only helps middlemen from wholesalers to brokers. Their financial power helps them hold back stock to create artificial shortage.
    • Irrigation and water shortage (In fact water crisis is there but in some states and countries water is excessive causing disaster or consumed by sea. If scientists of missiles or warplanes work on how river water reaches sea after consumed by entire world, would convert desert land to fertile land).
    http://www.sadashivan.com/quotpovertyquotasubject/index.html

  • sahil November 24, 2008, 11:50 am

    Dear sir
    i just have seen your website and i needed some more information about the import and export of rice to iran. would you please let me know that where your company is in indea and if you can export the rice for 50 tone to iran.
    i will looking forward hearing from you soon
    thank you in advance

  • mohsen August 8, 2009, 4:21 pm

    hi
    I need buy from you frist time 20 tone rice to Iraq,can you send to me some informtion about every think.Im live in london.please answer me.
    thank you

  • rajesh January 3, 2011, 12:22 am

    i want more information on rice exporting .can you send me the details to my e-mail please .

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