of Agricultural produce, so that maximum Rice Exporters may get benefit of this facility. He informed that REAP is continuously sending trade delegation to various countries for the forceful marketing of Pakistani rice. In this regard, a delegation is planned to visit Brazil, Argentine and Chili under the leadership of Ch. Sami, Chairman. Whereas another delegation is planned to visit West African countries led by Rafique Suleman, Senior Vice Chairman REAP. https://dunyanews.tv/en/Business/443905-Rice-exports-observes-31pc-increase-in-11-months-ofFY2017-18
ASIA RICE-INDIA RATES NUDGE UP, VIETNAM PRICES EASE FROM MULTIYEAR HIGHS 6/14/2018
* Vietnam rates pull back from 6-1/2 year high * Rains dampen trade in Thailand- traders By Apeksha Nair BENGALURU, June 14 (Reuters) - Rice export prices rose this week in India on hopes for increased buying from China, while rates in Vietnam eased from a multi-year peak with the outlook for higher domestic supply. Rates for India's 5 percent broken parboiled variety <RI-INBKN5-P1> rose by $5 to $398-$402 per tonne this week, after hitting the lowest level for the year last week due to sluggish demand from neighbouring Bangladesh. India was the biggest supplier of rice to Bangladesh in 2017. Imports by Bangladesh will likely slow as the government imposed a 28 percent tax on rice imports to support its farmers after local production revived. "Last year, Bangladesh was buying a lot of Indian rice. With new duty, imports would fall," said M. Adishankar, executive director at Sri Lalitha, a leading rice exporter located in the southern Indian state of Andhra Pradesh. "Chinese imports will boost demand but we don't know when it will happen." China last week agreed to amend a protocol on phytosanitary requirements, which will allow Indian exporters to ship non-basmati rice to Beijing.