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The continual demand for Basmati rice may possibly face hurdles because of increased logistics costs plus the minimum export price tag.

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Exporters are optimistic that a slow start to procurement this time will sooner or later increase paddy availability for exports.

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West Africa, a significant client of Indian rice, is expected to practical experience subdued demand owing to cost sensitivity. In 2023, anticipating export curbs, several potential buyers in West Africa imported massive volumes of rice.

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Regardless of shipping and delivery disruptions while in the Red Sea, exporters think that Basmati exports will adjust to The brand new reality devoid of considerable disruptions. Get Quote