Tag: basmati trade analysis
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Indian basmati rice prices show resilience despite export disruptions to Middle East
Exporters continue to procure paddy on expectations of demand recovery Prices may rise INR 10,000-12,000/t as Gulf buyers return for restocking Lower output, tighter stocks, higher packaging costs support bullish outlook Morning Brief: India’s basmati rice export market is navigating an unusual phase where shipments to key Gulf destinations have slowed sharply, but prices remain…