New Delhi
Rice export of
country estimated at
a record 11 mt in 2012-13 marketing year ended September this
year on bumper production and strong overseas demand,
according to US Department
of Agriculture (USDA).
Rice export of
India, the world 2nd
largest producer, stood at 10.38 mt in 2011-12
marketing year that runs from October to September.
“2012-13 export
estimates is raised to a record 11 mt based on preliminary
official statistics for October 2012 to August 2013, and
shipping data compiled by a private source for September
2013,†USDA said in a report.
USDA has also revised the rice export
estimates for 2013-14 to 10 mt from earlier projection of 9.3
mt.