Asia Rice: blockages and export restrictions limit activity in major centers

BENGALURU (Reuters) – There was little activity this week in Asia's major rice trading centers, as a coronavirus blockade in India hampered exports, the ban on shipments from Vietnam to ensure it has enough domestic supply continued as that Thai rates remained at seven-year highs….

Coronavirus pandemic will hit MSM exporters hardest: trade experts

Exporters of micro, small and medium-sized enterprises (MSMEs) will be more affected by the current blockade due to the COVID-19 pandemic, since the sector represents more than 45 percent of the country's total outgoing shipments, according to the trade experts. They said that the magnitude…

Indian exporters face crisis as coronavirus hits economy

For 25 years, Shades of India, a New Delhi-based luxury textile company, has built its reputation as a trusted exporter to the US. USA And to the Gulf of high-end clothing and home furnishings. But today, the company, which employs hundreds of highly skilled workers…

Demand shocks to affect textile exports, production will decrease by 12%: KPMG

Production in the textile and clothing sector is expected to decrease by 10-12% in the April-June quarter, according to the report. Demand shocks are expected to hurt India's textile exports in the coming quarters due to the coronavirus outbreak worldwide. If the current scenario continues…

Priority to keep exports open: Piyush Goyal

The Minister of Commerce and Industry, Piyush Goyal, said that the priority is to keep exports open so that the country does not lose its export markets. "Even in these difficult times, we must maintain our priority of keeping exports open, so that we do…