0 likes | 8 Views
Following India's restrictions on the export of non-basmati rice, Pakistani rice is in high demand on the international market. According to Kewlani on Wednesday, international buyers are now turning to Pakistani exporters. <br><br>
E N D
Pak Rice Exporters Having A Field Day As India Bans Non Pak Rice Exporters Having A Field Day As India Bans Non- -Basmati Rice Export Export Basmati Rice The Indian government's ban on the export of non-basmati white rice to the international market is giving Pakistani rice exporters a field day. Changes In India's Rice Export Policy And Their Effects Non-basmati white rice exports were outlawed by the Indian government on July 20 in an effort to increase domestic supply and control retail prices during the upcoming holiday season. About 25% of the nation's total rice exports are non-basmati white rice. According to Chela Ram Kewlani, chairman of the Pakistan Rice Exporters Association, the Indian Government's ban on the export of non-Basmati white rice has increased the number of export orders for Pakistani businesses. Following India's restrictions on the export of non-basmati rice, Pakistani rice is in high demand on the international market. According to Kewlani on Wednesday, international buyers are now turning to Pakistani exporters. Pa Pakistan's Exports of Rice kistan's Exports of Rice According to him, Pakistan is anticipated to export rice worth more than USD 3 billion this year, and the cost of basmati rice has increased by $100 per ton. Prior to India's ban on the export of non-basmati white rice, the cost of non-basmati rice from Pakistan was USD 450 per ton, but now it costs USD 500 per ton on the international market. Depending on the quality, the cost per ton could even reach USD 600," he said. In addition to rising demand from the US, the UK, and other European nations, Kewlani noted that Russia has expressed a strong interest in acquiring 5 million tonnes of rice from Pakistan.
He also mentioned, “We are conducting negotiations with 27 Russian companies for the export of non- basmati rice. Also, talks are in progress for the acquisition of Pakistani rice by Mexico as well.” According to Kewlani, Pakistani exporters have benefited from the ban because non-basmati white rice from India is in high demand on the international market. If you are a rice importer wishing to buy rice in bulk or a rice exporter willing to export bulk rice, then Tradologie.com is the right platform for you. Tradologie is a Software as a Service platform that facilitates bulk agro-trade across the globe. Through tradologie’s interface, buyers can avail the best qualities of agro-commodities at negotiable rates. The transaction oriented platform has 600,000+ verified buyers and about 70,000+ registered sellers of agro-commodities from over 150 countries. To register as a buyer, click here. To register as a seller, click here. To stay updated with the latest happenings in the agro-trade industry, follow Tradologie.com across all social media channels.