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Export prices of white and parboiled rice further declined by 1 to 2 percent while prices for fragrant rice continued to increase.

Export prices declined significantly by 5 to 10 percent as foreign buyers are waiting for new supplies of MY2017/18 off-season rice which will enter the market in the next couple of weeks.

On February 6, 2018, the Government of India (GOI) raised the import duty on chickpeas from 30 percent to 40 percent ad valorem, to curb imports as farmers are set to harvest the local crop....

Export prices of most grades of rice further declined 2 percent, except for fragrant rice prices which continued to increase due to tighter domestic supplies.

On February 1, 2018, Finance Minister Arun Jaitely presented the Government of India’s (GOI) annual budget for Indian Fiscal Year (IFY) 2018/19.

The annual AAHAR International Food and Hospitality Fair will be held March 13-17, 2018, at Pragati Maidan exhibition hall in New Delhi.

Despite the further strengthening Thai baht, export prices of white rice declined 1 percent due to no new inquiries.