Basmati market getting hot
Madlen/ | Madlen/
Prices have been rising steadily because of lower harvest and export demand
If wheat is a ‘happening’ market in India, rice can be termed as its relatively quiet cousin. Unlike wheat, rice has not witnessed much volatility or tightening of market fundamentals, thanks to a geographically-spread, large production base and government procurement of a third of the annual output for buffer stocks and welfare programmes. To be sure, India is the world’s second-largest producer ...
Please Wait while comments are loading...
This article is closed for comments.
Please Email the Editor
Comments to:
Copyright ©2017, The Hindu Business Line