Rice exports from India set to climb in last zone

Rice exports from India set to climb in last zone

by admin- Friday, February 15th, 2019 08:07:49 PM

India’s Rice exports are set to rise in the final zone of FY 2018-19 on a surge in orders after shipments slumped 14 per cent within the closing three quarters over excessive input charges and lukewarm call for from Bangladesh.

Exporters have seen a surge in call for from the UAE, Iran, Saudi Arabia and america this sector. The official said the supply for exports has picked up after being affected for the previous couple of months of 2018.

Consignments in January are higher than the previous 12 months and the exchange is probable to gain degrees close to the preceding 12 months, a senior trade and industry ministry said.

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