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Iran prefers Indian non-basmati rice to Pakistan's
Iran has emerged as the single largest importer of non-basmati rice from India in the Middle East, a leading rice exporter said.

"Iran has become the biggest market for non-basmati rice. Nothing goes directly, but through Dubai," Satnam Arora, Joint Managing Director of Satnam Overseas Ltd, told a news agency in New Delhi.

Iranian traders prefer Indian non-basmati rice, mostly produced in Punjab and Haryana, to Pakistani variety primarily due to price difference of 50-60 dollar per tonne, he added.

One tonne of 'sarbati' rice is currently selling at 450 dollar in Dubai market.

Satnam Overseas, which is known for its Kohinoor rice brand, has set itself the target of exporting one lakh tonne of sarbati non-basmati rice this year to the Gulf region.

Seventy per cent of the company's Rs 530 crore turnover comes from the Middle East market.

Length of the sarbati rice averages 7.0 mm as against basmati's 7.2 mm, Arora said. Domestic selling price of non-basmati rice is about Rs 20 per kg as against basmati's Rs 28-40 a kg.

Satnam Overseas exported 15,000 tonne of non-basmati rice to the Gulf countries last year; this year it has export orders for 20,000 tonne.
MGR Archive 19.12.2004
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Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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