Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Indian govt agencies to export 2 lakh tonnes of rice to Bangladesh at hefty profits.
Dec 26, 2022
Two Indian co-operatives will export 2 lakh tonnes of rice under government-to-government deal to Bangladesh, which will also buy another 50,000 tonnes from private traders in India. The G2G deal has taken place at 11 % higher than the tender price of the private trader.
'The two co-operatives will get a huge premium of $40/tonne over the private trade, which will earn a huge profit for the government. The private trade has been in losses by undercutting each other in fierce competition,' said an exporter, who requested not to be identified.
New Delhi-based Kendriya Bhandar (Central Government Employees Consumer Co-operative Society) will supply 1 lakh tonnes of non-Basmati par-boiled rice within 75 days from the date of opening of letter of credit at $ 433.50/tonne. Kendriya Bhandar will have to ship 70% of the total contracted quantity by ship and the remaining 30% by train.
National Cooperative Consumers Federation of India will supply another 1 lakh tonnes of par-boiled rice to Bangladesh at $ 433.60/tonne within 70 days from the date of opening of the letter of credit.
According to trade sources, Raipur-based rice exporter has bagged the tender to supply 50,000 tonnes of rice to Bangladesh at $ 393.30 per tonnes.
India has banned export of broken rice on concerns about its kharif rice output, while it has put a duty of 20% on export of rice.
Meanwhile, the rice exporters from India had requested the commerce ministry to take up the issue of transparency in Government-to-Private (G2P) trade with Bangladesh during a delegation level discussion of commerce minister Piyush Goyal with Bangladesh commerce minister Tipu Munshi.
'Many times, we face rejection when our goods reach Bangladesh ports. In case of the trade taking place through the land border, our trucks get stranded for 4/5 days to get clearance to cross the border,' said another rice exporter, who did not wish to be identified.
economictimes.indiatimes.com
Archive