April 20, 2026

Basmati

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Middle East conflict hits rice traders: Basmati exporters left pending payments; funds ranging Rs 2,000 to Rs 25,000 crore in limbo

contact@dailyupdatesindia.com03 mins

India’s premium basmati rice trade has come under severe strain as the escalating conflict in West Asia disrupts exports, blocks consignments at ports and leaves payments worth thousands of crores pending, raising concerns for traders and farmers alike.A Bhopal-based businessman told ANI that consignments of Premium 1121 Basmati rice, earlier exported regularly, are now stuck…

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India’s basmati exports to be hit by Strait of Hormuz restrictions? Top 5 leading destinations from Middle East

contact@dailyupdatesindia.com03 mins

Shipments to Africa and the Middle East together account for nearly half of India’s total rice exports. (AI image) India’s rice exports may take a hit in wake of the deteriorating situation in the Middle East – the country’s five leading export destinations are in the area! After US and Israel’s strikes on Iran, the…

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Basmati trade disrupted! What Iran unrest & Trump’s 25% tariffs mean for India’s rice exports, prices – explained

contact@dailyupdatesindia.com04 mins

IREF pointed out that Indian rice shipments to the US are already levied with a 50% duty. (AI image) India’s rice exports may bear the brunt of escalating tensions in Iran and US President Donald Trump’s latest move to impose 25% tariffs on any country doing trade with Iran. “Effective immediately, any Country doing business…

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