“A syndicate has been created in Iran on the pretext that it’s easier to monitor quality of Indian basmati. There are 5-10 importers who work with a few exporters from here. It’s skewing the market in favour of the buyer and driving prices down”
Data from the All India Rice Exporters’ Association (AIREA) show in August 2015, India’s basmati export to Iran was valued at around Rs 192 crore, against Rs 335 crore in August last year, a fall of about 42 per cent. In terms of quantity, exports dropped to 33,554 tonne in August, from 44,022 tonne in August last year, a fall of nearly 23 per cent.
Find Buyers
Data from the All India Rice Exporters’ Association (AIREA) show in August 2015, India’s basmati export to Iran was valued at around Rs 192 crore, against Rs 335 crore in August last year, a fall of about 42 per cent. In terms of quantity, exports dropped to 33,554 tonne in August, from 44,022 tonne in August last year, a fall of nearly 23 per cent.
Find Buyers
No comments:
Post a Comment