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India’s Rice exports fall 10% in Apr-Jan: APEDA

India’s rice exports for the April-January period dropped 10 percent from a year earlier to 9.49 million tonnes, as leading buyer Bangladesh trimmed purchases due to a bumper local harvest, according to latest data from the Agricultural and Processed Food Products Export Development Authority (APEDA).

The country exported 3.36 million tonnes of basmati rice during April-January period of 2018-19 financial year, rose 2.59% from the export of 3.27 million tonnes in the corresponding period last year.

Exports of non-basmati rice, however, declined to 6.12 million tonnes in April-January 2018-19, down 15.4% from 7.24 million tonnes in the corresponding period last year.

India's Guar gum exports edged up 2.4% to 415,822 tonnes on robust demand from the United States.

The country’s exports of pulses more than doubled during the period to 247,789 tonnes, while dairy exports surged 77.7 percent to 138,936 tonnes due to government incentives for exports of skimmed milk powder, the agency said.

Source: Commodity Online

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