India's April-June rice exports dive 28.2%

India's April-June rice exports dive 28.2%

Rice workers in India

India'sriceexportsinApril-Junedived28.2%from a year ago to 2.35 million tonnes, a government body said on Monday, as demand for non-basmatiricewas subdued from African buyers.

The country's non-basmatiriceexportsplunged 43% during the period to 1.2 million tonnes, the Agricultural and Processed Food Products Export Development Authority (APEDA) said in a statement.

India'sriceexportsin 2019/20 are likely to fall to their lowest level in seven years, industry officials said last month, as weak demand from African countries weighs and shippers absorb the absence of government incentives that supported previous sales.

New Delhi is the world's biggest exporter ofrice, buffalo meat and guar gum.

The country's buffalo meatexportsduring the period eased to 275,398 tonnes from 276,450 tonnes a year ago, it said.

India'sguar gumexportsdropped 5.5% to 127,700 tonnes on lower demand from the United States, while pulsesexportsmore than halved to 45,344 tonnes, the APEDA said.

About the Author