NEW DELHI: India is likely to lose out basmati rice exports to Pakistan after Iran fixed its import price at $850 per tonne, which is **t viable for Indian suppliers due to higher freight cost, reported foreign media.
As Iran is all set to resume issuance of permits, the Indian exporters have sought a minimum price of $900 per tonne with some calling for $925.
According to an Indian official, it would indirectly benefit Pakistan because of proximity to Iran as transportation cost was higher for India’s exporters.
02-10-2017, 10:13 PM
India likely to lose to Pakistan in basmati rice export
NEW DELHI: India is likely to lose out basmati rice exports to Pakistan after Iran fixed its import price at $850 per tonne, which is **t viable for Indian suppliers due to higher freight cost, reported foreign media. 
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