抖阴短视频

MUMBAI/DHAKA: India鈥檚 rice exports likely jumped 22 percent in 2017 to a record 12.3 million tons as neighboring Bangladesh ramped up purchases after flooding hit its crops, industry officials said.
The boost in shipments from the world鈥檚 top exporter of the grain is set to extend into 2018 as Bangladesh and Sri Lanka continue to buy aggressively amid depleting inventories in No. 2 exporter Thailand, the officials said.
鈥淏angladesh was actively buying throughout 2017. It offset the impact of slightly weaker demand from African countries,鈥� said M. Adishankar, executive director at Sri Lalitha, a leading rice exporter located in the southern Indian state of Andhra Pradesh.
Bangladesh鈥檚 purchases likely lifted India鈥檚 non-basmati rice exports by 38 percent in 2017 to 8.4 million tons and total exports to 12.3 million tons, the officials and exporters said. That would surpass 2014鈥檚 record of 11.5 million tons.
They based the 2017 export figures on their estimates for December shipments plus previously issued government data for January to November. Government numbers for December are expected to be released around the start of next month.
India exports non-basmati rice mainly to African and Asian countries and premium basmati rice to the Middle East, the US and Britain.
Traditionally the world鈥檚 fourth-biggest rice producer, Bangladesh emerged as a major importer of the grain in 2017 after floods damaged crops and pushed domestic prices to record highs.
Bangladesh sourced more than 80 percent of its 2017 imports of 2.4 million tons from India, said Badrul Hasan, head of Bangladesh鈥檚 state grains buyer.
The South Asian nation鈥檚 overseas rice purchases are likely to remain robust until supply rises after its summer crop, also known as Boro, in May, Hasan said.
Boro contributes more than half Bangladesh鈥檚 typical annual rice output of around 35 million tons.
Last year Bangladesh reduced import taxes on rice to boost private buying. It also bought rice from India in state-to-state deals to quickly raise supplies and try to rein in prices.
But rice prices stayed high in Bangladesh despite the largest imports in nearly two decades, which will encourage farmers to expand the amount of land used to cultivate the staple crop, Hasan said.
India鈥檚 rice exports in 2018 depend largely on non-basmati shipments as basmati exports are likely to remain more-or-less steady at around 4 million tons, said Vijay Setia, president of the All India Rice Exporters鈥� Association.
鈥淣on-basmati exports depend on stock positions in importing countries like Bangladesh and Sri Lanka,鈥� Setia said.
African nations stepped up buying from Thailand last year, but that could ease in 2018 as state stockpiles are depleted in the Southeast Asian country, potentially boosting appetite for Indian supply, said a Mumbai-based dealer with a global trading firm.
鈥淔or key markets like Bangladesh and Sri Lanka, India has freight advantage over Thailand. This will help even in 2018,鈥� the Mumbai-based dealer said.