Analysts/Institutional Investor Meet/Con. Call Updates LT Foods Limited has informed the Exchange about Transcript · 2023-10-30
Good afternoon. My question is regarding the Paddy prices. They have fluctuated a lot in the last two months. What is the outlook for the next six months for the exports of Basmati rice? Do you think the Paddy prices have come back to the last year, compared to the last year prices? How do you see the export market? My second question is regarding parboiled rice. There is a question of 20%. I'm aware that you don't export any parboiled rice, but does this affect our Basmati prices in the market overseas?
Can you give some advice regarding the Paddy prices that have gone up and down because of the government restrictions of $200 for the Basmati rice exports? That has come down to $9.50. So how has the market reacted, and does it benefit or is it neutral to us?