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Rice exporting companies rally

Recently, the Commerce Ministry announced a strategy of rice to enhance the quality, marketing, and production of Thai rice as well as enhancing the lives of farmers without disturbing the market mechanism. According to the ministry, the strategy was to increase farmers’ revenues while concentrating on innovation in order to make Thailand a center for rice trading in Asia. <br>http://goo.gl/ko2IWp

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Rice exporting companies rally

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  1. RICE EXPORTING COMPANIES RALLY

  2. RICE MARKET FOR INDIA When Iran lifted the ban on Basmati import from India, the share price of firms involved in basmati rice grew 18 percent. The contribution of Iran in global basmati exports of India is one-third. The shares of Kohinoor Foods grew from 17.75 percent to almost Rs 51.40 a unit. KRBL and LT Food reported respectively a growth from 8 and 13.12 percent to almost Rs 224.7 and Rs 260.30 a share. In the past few years, Iran banned unilaterally the import of Basmati rice from India because of high imports.

  3. Rice import from India The government of Iran stopped releasing permits of rice import from India. However, India exporters kept following past orders while new ones dried up. This led to a significant decline in the rice exports of India to Iran. The joint managing director of Kohinoor Foods said that this new decision is very good since India would experience a considerable growth in export of basmati rice to Iran.

  4. Largest importer of the world Iran is the largest importer of the world for aromatic rice. Kohinoor Foods is the exporter and produces of basmati rice branded Kohinoor. Trade sources said that the hostile political relations between Iran and India are behind the fall of rice import of Iran from India. Recently, Iran started importing basmati rice from Pakistan.

  5. Director of All India Rice The executive director of All India Rice Exporters’ Association, RajanSundareshan, said that the comeback of Iran to India market would improve the basmati rice exports of India.

  6. Thank you For more updates click here… http://www.kamalkantdewan.com/

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