Tag: new crop arrivals
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India: Basmati prices face new-crop pressure; slower exports shift focus to winter demand
Apr-Jul’26 shipments down 22%, making Dec-Feb demand crucial New crop arrivals remain ample, but uneven rainfall, El Nino pose risks India’s basmati sector is moving from tight old-crop availability to fresh paddy arrivals. FY’26 exports reached 6.521 million tonnes (mnt), but April-July FY’27 shipments were 22% lower at 1.757 mnt. The slower pace does not…