INDIA: Low rainfall drives up basmati rice prices
Basmati prices are rising daily as poor rainfall in key cultivation regions in India and Pakistan persists. Tilda, the company which sells 70% of all branded basmati rice, said the crop is down 25% on last year and is at a seven-year low, reported the Guardian. Tilda has not hiked retail prices for its pure basmati for eight years, but is now raising prices by about 10%.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Analysis: Chocolate sector's deforestation pledge
- UK own-label firm Park Cakes sold in MBO
- Kraft Heinz cuts jobs in US, Canada
- Unilever 'lining up spreads sale'
- Immigration crackdown "risk" for US dairy industry
- Fonterra cuts earnings forecast