Both the countries sought Indian rice since its offer prices have been at least $100 (Rs 7,275) a tonne lower than offers from other countries.Īccording to the International Grains Council (IGC), India’s 25 per cent broken white rice is quoted at $396 (Rs 28,850) a tonne. This helped China and Vietnam to turn to India for their needs. The country produced a record 118.43 million tonnes of rice last season (July 2019-June 2020).Īs on 1 January this year, the FCI held 18.66 million tonnes of rice as stocks besides 40.4 million tonnes of paddy which, if milled, can yield 27.07 million tonnes of rice.
This crop year, too, rice production is estimated to be a record 102.36 million tonnes during the kharif season that ended in October compared with 101.98 million tonnes the previous year. India has been holding an advantage in the global rice market this fiscal in view of the huge stocks the Food Corporation of India (FCI) has been holding and record harvest last crop year (July 2019-June 2020). The port has been facing congestion problems, particularly in shipping rice, as more countries turned to India for fulfilling their needs. The use of the Kakinada deep-water port will now help over six lakh tonnes of rice to be shipped out every month, double the previous level. The logistics secretary was able to convince the State government to make use of the idling facilities,” Rao said. “It cannot be a reason to deny export of rice through an idling port because a few people do not want the deep-water port to be used. The Kakinada deep-water port, which is alongside the anchorage port, idles most of the time but the port workers did not allow the facilities to be put to use. Talks were then initiated with the Andhra Pradesh government, which allowed the use of the deep sea water port.Īt least three lakh tonnes of rice are shipped out of the Kakinada anchorage port every month.Ībout 20 vessels come calling at the port but it is able to accommodate only seven vessels, forcing the rest to wait in the deep waters, Rao said. The use of deep-water port will help the loading to be done in 20 days,” said The Rice Exporters Association President BV Krishna Rao.Īccording to Pawan Agarwal, Special Secretary, Logistics, Ministry of Commerce and Industry, the decision to use the Kakinada deep-water port follows his visit to the Kakinada port last month.ĭuring the visit, he found a large number of ships berthed in deep sea water waiting for rice to be loaded at the anchorage port.
“It was taking 30 days to load rice to destination ports. However, the use of the deep-water port to help export rice consignments is temporary as the anchorage port is being developed to handle higher traffic. This, it said, would help clear congestion at the Kakinada anchorage port. Via an order issued on 3 February, Andhra Pradesh permitted the APEDA to use the Kakinada deep-water port for rice exports.
The use of the Kakinada deep-water port, which had been under the control of the Andhra Pradesh Maritime Board, will help double shipments of the cereals. However, exports seemed to have run into logistical hurdles, forcing the Narendra Modi government to look at various options, especially for despatch by ships.Īs part of this, the Commerce Ministry and Agriculture and Processed Food Products Export Development Authority (APEDA), which registers and supervises rice exports, have convinced the Andhra Pradesh government to let shippers use the Kakinada deep-water port. Exports of rice, particularly non-basmati, have been a hallmark of Indian agricultural shipments during the current fiscal, particularly with India holding ample stocks of the cereals.Ī feature of rice exports this fiscal year has been that China, the world’s largest rice producer, and Vietnam, world’s third-largest exporter of the foodgrain, bought from India after decades.
0 kommentar(er)
