Rice exports expected to increase after shipment of broken rice is allowed
21-Mar-2025 07:36 PM
India’s Rice Exports Set to Surge After Ban Lifted!
Government Decision & Policy Changes:
✅ 100% Broken Rice Export Allowed (Ban lifted on March 7, 2025).
✅ Non-Basmati White Rice Export Permitted Earlier.
✅ Import Duty on Sella Rice Removed.
✅ Minimum Export Price (MEP) for White & Basmati Rice Abolished.
India’s Market Position:
- World’s Leading Rice Exporter (40-42% of global rice trade).
- Exports to Asia & Africa Picking Up.
Challenges in the Export Market:
1️⃣ Competition from Vietnam, Pakistan & Myanmar (Lower-priced shipments).
2️⃣ High Domestic Demand (Ethanol producers & poultry feed industry pushing prices up).
Export Outlook:
🔹 Despite Challenges, India Expected to Retain & Grow Its Global Market Share.
🔹 Adequate Domestic Stock Ensures No Shortage.
Will Indian rice regain its lost export markets despite tough global competition?
