AGL 40.01 Decreased By ▼ -0.02 (-0.05%)
AIRLINK 128.10 Increased By ▲ 0.40 (0.31%)
BOP 6.68 Increased By ▲ 0.07 (1.06%)
CNERGY 4.57 Decreased By ▼ -0.03 (-0.65%)
DCL 8.80 Increased By ▲ 0.01 (0.11%)
DFML 41.80 Increased By ▲ 0.22 (0.53%)
DGKC 86.00 Increased By ▲ 0.21 (0.24%)
FCCL 32.68 Increased By ▲ 0.19 (0.58%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.15 Increased By ▲ 0.60 (5.69%)
HUBC 110.99 Increased By ▲ 0.22 (0.2%)
HUMNL 14.91 Decreased By ▼ -0.16 (-1.06%)
KEL 4.90 Increased By ▲ 0.02 (0.41%)
KOSM 7.43 Decreased By ▼ -0.02 (-0.27%)
MLCF 40.30 Decreased By ▼ -0.22 (-0.54%)
NBP 61.75 Increased By ▲ 0.70 (1.15%)
OGDC 194.98 Increased By ▲ 0.11 (0.06%)
PAEL 27.45 Decreased By ▼ -0.06 (-0.22%)
PIBTL 7.84 Increased By ▲ 0.03 (0.38%)
PPL 153.50 Increased By ▲ 0.97 (0.64%)
PRL 26.87 Increased By ▲ 0.29 (1.09%)
PTC 16.20 Decreased By ▼ -0.06 (-0.37%)
SEARL 84.10 Decreased By ▼ -0.04 (-0.05%)
TELE 8.02 Increased By ▲ 0.06 (0.75%)
TOMCL 36.94 Increased By ▲ 0.34 (0.93%)
TPLP 8.75 Increased By ▲ 0.09 (1.04%)
TREET 17.38 Decreased By ▼ -0.28 (-1.59%)
TRG 58.90 Increased By ▲ 0.28 (0.48%)
UNITY 26.84 Decreased By ▼ -0.02 (-0.07%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,644 Increased By 452.5 (0.48%)
KSE30 29,391 Increased By 189.5 (0.65%)

NEW DELHI/MUMBAI: India may introduce a floor price for basmati rice exports, sources familiar with the matter said, after New Delhi last month ordered a halt to non-basmati white rice shipments, its largest rice export category.

India could fix the floor price, or the minimum export price, for basmati rice shipments at $1,200 a metric tone, they said. The minimum export price would help authorities ensure that non-basmati rice is not exported as basmati rice, they said.

India and Pakistan exclusively grow premium, aromatic basmati rice. India ships out around 4 million metric tons of basmati rice to countries such as Iran, Iraq, Yemen, Saudi Arabia, the United Arab Emirates and the United States.

Last month, India surprised buyers by imposing a ban on the export of widely consumed non-basmati white rice, following a ban on broken rice exports last year.

Comments

Comments are closed.