GOLDEN OPPORTUNITY

Article Abstract:

Indonesian rice importers have been forced to approach India for their rice requirements. Indonesia had banned imports of non- basmati rice from India due to poor quality. Vietnam and Thailand have decided to discontinue rice exports to Indonesia due to the financial crisis in Indonesia. The prices of non-basmati rice has increased by $5 to $6 per tonne for the 10 to 25 percent broken rice varieties, due to the increased demand. Indian rice exporters have revised their estimates of rice export to Indonesia for 1998-99 from 1.4-1.5 million tonnes to 2 to 2.4 million tonnes. (gs)

Comment:

Indonesia: Indian rice exporters revises estimates of rice export to Indonesia for 1998-99 from 1.4-1.5 mil tonnes to 2-2.4 mil

Imports, Indonesia

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A STEAMING PLATE

Article Abstract:

Exports of non-basmati rice from India was 16 lakh tonnes in 1997- 98 against 19 lakh tonnes in 1996-97. Exports of basmati rice was 5.7 lakh tonnes in 1997-98 against 4.8 lakh tonnes in 1996-97. The All-India Rice Exporters' Association has projected exports of 25-30 lakh tonnes in 1998-99. Indian white rice is currently quoted at $300 per tonne while 15-25 percent broken parboiled rice is quoted at $285 per tonne. The country produced 83.5 million tonnes of rice in 1997-98 against 81.3 million tonnes in 1996-97. (khr)

Comment:

India: Exports of non-basmati rice was 16 lakh tones in 1997- 98 against 19 lakh tones in 1996-97

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INDIAN RICE EXPORTS IN 1999 MAY FALL BY 1 MILLION TONNE

Article Abstract:

The rice export from India is expected to drop by one million tonnes to two million tonnes in 1999 as compared to the rice export of three million tonnes in 1998. For 1999, India's rice production is projected at 83 million tonnes (83.5 million tonnes in 1998). Global rice production has been projected to drop by two percent to 378.7 million tonnes in 1999. (gs)

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