• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Nov 1 The Centre has notified the $425 per tonne minimum export price (MEP) for non-basmati rice shipments. This comes after the Union Cabinet’s go-ahead for the decision on October 25.

The Directorate General of Foreign Trade (DGFT), in a notification issued on Wednesday, said the earlier ban on non-basmati rice exports (effective since October 9) “shall not be applicable…if the MEP is more than $425 per tonne f.o.b.”. Further, this shall not apply to exports for which letters of credit were opened till October 9 and also to consignments brought into the port godowns till October 10. The latter would be subject to certification by the port authorities, the notification added.

More Stories on : Rice | Exports & Imports

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Floor price for non-basmati exports notified

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line