Higher fee realisations for commodities such as rice, despite a decline in volumes, have helped push up farm product exports in greenback price phrases for the April-September length in the cutting-edge monetary yr over the corresponding duration closing 12 months.

Total price of shipments underneath Agricultural and Processed Food Products Export Development Authority (APEDA) product portfolio handed the $9 billion mark for the stated length. In rupee terms, the cost of the shipments registered an increase of 8.9 in step with cent aided with the aid of a susceptible forex at Rs sixty one,789 crore.

Despite a dip in volumes due to a slowdown in purchases by means of key client Iran, Basmati Rice exports in value phrases were up by means of about 6 in keeping with cent in greenback phrases and round 12 in line with cent in rupee phrases on higher pricing. Iran had imposed a ban on basmati imports from overdue July to shield its home growers.

The common realisations for Basmati have been better at $1,082 in step with tonne as towards $997 inside the corresponding duration of the previous yr. In rupee phrases, Basmati Rice exports stood at ?15,331 as towards Rs 13,706 crore.

Like Basmati, non-Basmati Rice shipments additionally suffered a slowdown as a result of higher obligation imposed by using Bangladesh and decreased purchases from African international locations. However, the average according to-unit realisation became higher at $411 according to tonne as in opposition to $407 within the corresponding of the previous 12 months.