4 Million Tons of Rice Will Be Exported: REA
Saturday, September 6, 2008 at 10:34 am
KARACHI: Pakistan due to good harvesting of rice will export its 21 percent surplus output in the existing fiscal year.
Rice Exporters Association (REA), Chairman, Muhammad Azhar said that rice worth $250 million has already been exported during July-August this year. He said that 4 million tons of rice valued $3 billion would be exported during the current fiscal year. He said that the local market wholesale price of rice has dropped down by 30 percent, but the retailers were not passing on the benefit to the people by allowing corresponding price cut. Countrywide rice output this year is estimated at 5.5 million tons.
|
|
|
From World:
Got something to say?
You must be logged in to post a comment.
Todays news from Business News
- Gujarat Riots: High Court Slams Narendra Modi Govt For Failing
- Syria’s Homs Suffers ‘Heaviest’ Shelling
- Gilani Files Appeal In Contempt Case
- Maldives President Resigns After Police Revolt
- Gen. James N. Mattis Visit: US Mulling To Apologise Over Nato Attack
Advertisement
Email Subscription
Advertisement
