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Iran ban, Iraq duty hike to take a toll on rice exporters
KOLKATA: India's rice
exporters may end the current fiscal on a damp note as Iraq has doubled the import duty to 40%,
while Iran has clamped
an outright ban at a time when price realisation has slipped 15-20% in overseas
markets.
A senior official of All India Rice Exporters' Association (AIREA)
told ET that traders are currently shipping only rice consignments with permits
of last year to Iran. "We are hoping that Iran will lift the ban. We are
planning to send a dele ..
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KOLKATA: India's rice
exporters may end the current fiscal on a damp note as Iraq has doubled the import duty to 40%,
while Iran has clamped
an outright ban at a time when price realisation has slipped 15-20% in overseas
markets.
A senior official of All India Rice Exporters' Association (AIREA)
told ET that traders are currently shipping only rice consignments with permits
of last year to Iran. "We are hoping that Iran will lift the ban. We are
planning to send a dele ..
[You must be registered and logged in to see this link.]
