Ahud khan
Senator (1k+ posts)
Pakistan exports 72,623 tons low grade rice to China
KARACHI: Pakistan exported a record 72,623 tons of non-basmati to China in a single month of January 2013 that earned $30 million. The export of basmati rice in total, however, remained sluggish during the month, reported Rice Exporters Association of Pakistan (Reap) on Thursday.
“Pakistan exported non-basmati rice to China in January 2013,” said Jawed Ali Ghori, chairman of Reap.
China remained a consistent buyer of Pakistani non-basmati rice for the last two years. “The quality and price of the commodity kept Pakistan competitive in Chinese markets. Otherwise, India was giving tough time to Pakistan in exports of basmati rice world over.”
He, however, hopped that the export of Pakistani basmati rice would increase in the months to come since the quota that India had set for the year for export has just ended up.
Pakistan exported a total of 37,620 tons basmati rice worth $38 million in January 2013. This was 56 percent lower in quantity-term and 50 percent in value-term over the same month in 2012, he said.
On the other hand, the export of non-basmati rice stood at 340,436 tons worth $141 million in January this year. This is almost similar to export of such rice seen in the same month in 2012, he said.
He said that Pakistan exported 6,355 tons non-basmati rice worth $22.5 million to Kenya during the month. Moreover, it exported 9,045 tons basmati rice worth $9 million to United Arab Emirates and 6,345 tons basmati rice worth $6.5 million to Oman.
He said that Sri Lanka was another good market for Pakistani rice. The set quota for the export of the commodity to the trading partner should be raised to 12,000 tons per annum from 6,000 at present.
Ghori said that Reap has tabled a proposal to the ministry of commerce and Trade Development Authority of Pakistan to increase rice export quota to Sri Lanka under free trade agreement.
The association has also presented such proposal to consul general of Sri Lanka in Karachi and requested that keeping in view the increasing demand of Pakistani basmati rice in his country efforts must be made to increase the quota that will be beneficial for both the countries.
Zulfikar Thaver, president of Union of Small and Medium Enterprises, urged the ministry of commerce and other concerned authorities to pay attention to the falling export of basmati rice that was bread and butter of thousands of small and medium sized farmers.
He said that the country’s traditional export markets such as UAE, Iran, Oman, Yemen and Saudi Arabia were being lost to competitors due to high cost of production in Pakistan. “Such farmers will grow other varieties of rice or something else instead of basmati if authorities do not pay attention timely.
Source
KARACHI: Pakistan exported a record 72,623 tons of non-basmati to China in a single month of January 2013 that earned $30 million. The export of basmati rice in total, however, remained sluggish during the month, reported Rice Exporters Association of Pakistan (Reap) on Thursday.
“Pakistan exported non-basmati rice to China in January 2013,” said Jawed Ali Ghori, chairman of Reap.
China remained a consistent buyer of Pakistani non-basmati rice for the last two years. “The quality and price of the commodity kept Pakistan competitive in Chinese markets. Otherwise, India was giving tough time to Pakistan in exports of basmati rice world over.”
He, however, hopped that the export of Pakistani basmati rice would increase in the months to come since the quota that India had set for the year for export has just ended up.
Pakistan exported a total of 37,620 tons basmati rice worth $38 million in January 2013. This was 56 percent lower in quantity-term and 50 percent in value-term over the same month in 2012, he said.
On the other hand, the export of non-basmati rice stood at 340,436 tons worth $141 million in January this year. This is almost similar to export of such rice seen in the same month in 2012, he said.
He said that Pakistan exported 6,355 tons non-basmati rice worth $22.5 million to Kenya during the month. Moreover, it exported 9,045 tons basmati rice worth $9 million to United Arab Emirates and 6,345 tons basmati rice worth $6.5 million to Oman.
He said that Sri Lanka was another good market for Pakistani rice. The set quota for the export of the commodity to the trading partner should be raised to 12,000 tons per annum from 6,000 at present.
Ghori said that Reap has tabled a proposal to the ministry of commerce and Trade Development Authority of Pakistan to increase rice export quota to Sri Lanka under free trade agreement.
The association has also presented such proposal to consul general of Sri Lanka in Karachi and requested that keeping in view the increasing demand of Pakistani basmati rice in his country efforts must be made to increase the quota that will be beneficial for both the countries.
Zulfikar Thaver, president of Union of Small and Medium Enterprises, urged the ministry of commerce and other concerned authorities to pay attention to the falling export of basmati rice that was bread and butter of thousands of small and medium sized farmers.
He said that the country’s traditional export markets such as UAE, Iran, Oman, Yemen and Saudi Arabia were being lost to competitors due to high cost of production in Pakistan. “Such farmers will grow other varieties of rice or something else instead of basmati if authorities do not pay attention timely.
Source
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