India’s 1 lakh tonnes basmati rice shipments stuck at ports due to…

All India said on Monday that the Association of Pirinç Exporters Association said that approximately 1,00,000 tons of pressure on Iran were trapped in the ports of India due to the ongoing Israeli-Iranian conflict. In his statement to Goyal PTI, posts are primarily in the Kandla and Mundra ports in Gujarat, and there are no ships or insurance for cargo connected to Iran due to the Middle East conflict. Authority added that international conflicts are not generally within the scope of standard transport insurance policies and that exporters cannot send their shipments.

Basmati Rice Export to Iran

Iran is the second largest rice market in India after Saudi Arabia. India exported approximately 1 million tons of aromatic cereals to Iran during the 2024-25 financial year, which ended in March. In the period of 2024-25, India exported approximately 6 million tons of pressure rice, and the demand was primarily directed by the Middle East and West Asian markets. Other major buyers include Iraq, United Arab Emirates and United States.

Satish Goyal, the president of the association, said that approximately 1.00,000 tons of basmati rice designed for Iran is now stuck in the ports of India and that Iran is 18-20 percent of India’s total Basmati rice exports. Authorized, delays and payments in shipments around the uncertainties may cause serious financial stress, stating that the domestic market rice prices have already dropped 4-5 RS per kg, he added. The Association is in contact with the agricultural export promotion body in this regard. Authorized, union trade and industry Minister of Pussh Goyal, a meeting was planned to discuss the crisis on June 30, he added.

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The Israeli-Iranian conflict has increased significantly in recent weeks, both sides exchanged heavy strikes, and the United States was involved in direct hostility. The shipping outage contributes to the difficulties faced by Indian rice exporters who have previously dealt with payment delays in the Iranian market due to international sanctions and currency problems.

(Except the title, this story was not arranged by DNA staff and published from PTI)