India allows non basmati white rice exports

Reuters · 09/28 10:35
India allows non basmati white rice exports

- India on Saturday allowed exports of non-basmati white rice exports as inventories in the world's biggest exporter of the grain surged and farmers are set to harvest a new crop in the coming weeks.

New Delhi set a floor price for non-basmati exports at $490 per metric ton, a government order said.


(Reporting by Mayank Baradwaj and Sethuraman NR; editing by Mark Heinrich)

((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))