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Updated 30 Apr, 2012 05:44am

$20/ton increase in Pakistani Irri-9 price

Talking to a private channel, the exporters said that the price of Pakistani Irri-9 soared up to $355ton after an addition of $20ton.
It happened in the wake of considerable increase in demand of Pakistani rice and the less rice yields by all large rice-producing countries.
It was told that because of less crops, the exports of Irri-9 were just 1.3 million ton during the previous fiscal year.
Pakistan exports rice worth over $1 billion to the world including African, European and CIS countries as well as Middle Eastern countries.

Copyright APP (Associated Press of Pakistan), 2007

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