India News

India’s rice exports drop 12% in Jan on weak demand

A worker spreads rice for drying at a rice mill on the outskirts of Kolkata, January 31, 2019. Picture taken January 31, 2019…. Rupak De Chowdhuri March 03, 2020 02:52pm IST

MUMBAI – India’s rice exports fell 12% in January from a year earlier due to weak demand for non-basmati rice from African and Asian countries, government data showed on Tuesday.

India is the world’s biggest exporter of rice.

Rice exports totalled 908,492 tonnes in January, down from 1.03 million tonnes a year earlier, according to data compiled by the ministry of commerce and industry.

Non-basmati rice exports dropped 14% from a year earlier to 452,519 tonnes, while basmati rice exports fell 10% to 455,973 tonnes, the data showed.

Reuters

March 3, 2020

Reporting by Rajendra Jadhav; Editing by Susan FentonOur Standards:The Thomson Reuters Trust Principles.

https://in.reuters.com/article/india-rice-exports/indias-rice-exports-drop-12-in-jan-on-weak-demand-idINKBN20Q0ZJ

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