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India's commerce ministry issued a notification requiring a Certificate of Inspection from the Export Inspection Council or Export Inspection Agency for all rice exports to EU countries, effective immediately. The amendment covers both basmati and non-basmati rice under the ITC (HS) Export Policy 2018.
It applies in addition to existing export policy conditions.
The mandatory inspection adds a procedural step and possible delay for rice shipments to the EU, which can dampen export demand and prices. Shipments to the EU are a meaningful but not dominant outlet for Indian rice.
taxguru.inEditor44 nov 2019Na 141 eerdere neerwaarts handel-gebeurtenissen bewoog Padierijst zich mediaan +0,6% over 5 sessies (57% hoger; middelste helft -2,3% tot +2,4%), en -0,6% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
