Floor price for basmati exports cut to 950/tonne
Financial Express Mumbai|October 27, 2023
THE GOVERNMENT ON Thursday reduced the floor price for exports of basmati rice to $950 per tonne from $1,200 tonne on demand from the industry and farmer groups.
MUKESH JAGOTA

"It has been decided to revise the price limit for registration of contract for export of basmati rice from $1,200 a tonne to $950 a tonne," the commerce and industry ministry said in a communication to Agriculture and Processed Food Products Export Development Authority (APEDA).

APEDAhas been instructed to register only those contracts having the value of $950 per tonne or more.

This story is from the October 27, 2023 edition of Financial Express Mumbai.

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This story is from the October 27, 2023 edition of Financial Express Mumbai.

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