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Bengal’s premium variety aromatic rice witnesses 11% decline in price -Shobha Roy

-The Hindu Business Line

Production of Gobindobhog rice is estimated to be 5-7 per cent higher this year on the back of a better-quality crop giving a better paddy to rice conversion rate

West Bengal’s premium variety of aromatic rice — Gobindobhog – has witnessed a near 11 per cent decline in prices on the back of prospects of arrival of a higher crop and better quality produce. The imposition of 20 per cent customs duty has negatively impacted exports of rice thereby bringing down prices, sources said.

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