Overview
- War-risk exclusions and vessel suspensions have halted grain movement at key gateways Kandla and Mundra
- Stranded shipments are valued at about ₹1,500 crore with an additional ₹1,500–2,000 crore in payments pending
- Domestic basmati prices have fallen by ₹4–5 per kilogram amid the oversupply and cash-flow pressures
- Haryana exporters, who account for roughly a third of rice destined for Iran, warn that farmers could face hardship during the Kharif transplantation season
- Trade bodies have engaged APEDA and the Commerce Ministry to arrange government-backed risk insurance and liquidity support