India’s Rice exports drop nine.Four% in Apr-Feb FY19

India’s Rice exports drop nine.Four% in Apr-Feb FY19

by admin- Thursday, April 11th, 2019 07:13:00 PM

India’s rice exports for the duration of the period from April to February of 2018-19 financial 12 months dropped nine.Four percentage from a 12 months earlier to 10.Fifty seven million tonnes, as leading client Bangladesh trimmed its purchases because of a bumper neighborhood harvest, a government frame said in a declaration.

Basmati rice exports for April-February totalled three.855 million tonnes, up 6.2% compared to a few.62 million tonnes in the corresponding length closing yr.

In cost terms, Basmati exports rose 1.12% to $4107 million from $3696 million within the same length final yr.

India’s non-basmati rice exports, but, declined throughout April-February FY2018-19 to six.7 million tonnes ($2671 million), down 16.55% from eight.04 million tonnes ($3311 million) in the corresponding duration final year.

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