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Commodity Market, Commodities News Today | The HinduBusinessLine

India could limit sulphur exports as supplies tighten, sources say India turns to US, Oman, Nigeria for LNG imports in March as Qatar, UAE supplies dry up China resumes buying broken rice from India Silver Price Today April 16: Latest rates in Delhi, Mumbai, Kolkata, Chennai & Bengaluru Gold rate today April 16: Gold rates up in Mumbai, Delhi, Chennai, Kolkata, Ahmedabad & Bengaluru Indian LNG importers scoop up spot shipments after prices recede Limelight Lab Grown Diamonds targets tier 2-cities with 25 stores in Q1 Crude oil futures edge up despite hopes of US-Iran ceasefire extension ‘Iran war oil shock as disruptive as Covid’ Iran war brings US close to net crude exporter for first time since World War II NAAS suggests govt to consider one-time licensing for imported horticulture hybrids India targets cocoa self-sufficiency by 2040 with national mission and reforms Why is Gold rate surges past $4,850 & Silver crossing $80? Crude unlikely to return to pre-war levels soon; India's import bill may rise $70 billion annually: Report US shuts down Iran’s maritime trade despite optimism for more talks Brent crude edges up ahead of fresh US-Iran talks Global fertilizer supply crunch tightens farm economics Crude oil prices fall for a second day on expectations US-Iran talks may resume Madhya Pradesh CM says basmati rice from the State is exported to 47 nations Russian crude oil imports rebound in March as PSU refiners lift record volumes Oil prices hit record high in March as refiners try to replace West Asian grades: IEA India’s gems and jewellery exports plunge 35% in March on weak demand Inflows into gold ETFs turn positive in past fortnight India’s Russian oil imports surge to €5.3 billion in March on higher volumes Russia restricts helium exports as global supply tightens amid Middle East tensions India’s oil security under pressure as West Asia crisis exposes import dependence risks Fuel price freeze: ₹18/litre loss on petrol, ₹35 on diesel Iran oil hoard at sea shields China’s refiners from US blockade Oil declines as US, Iran weigh more talks; US blockade of shipping to and from Iranian ports in place IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy BALCO deploys AI humanoid agent for real-time training, operations and safety NSE gets MCA approval to launch National Coal Exchange of India Coal stock adequate for 90 days available: Union Coal Minister Kishan Reddy India auctions 46 critical mineral blocks, launches 7th round with 19 more: G Kishan Reddy Iranian crude returns to India after seven years as tankers dock at key ports India's March palm oil imports fall 19% to three-month low Crude oil futures rise as US moves to blockade Iranian ports Gold falls on stronger dollar, fading Fed rate-cut hopes Crude oil jumps 7% to above $100 on US’ maritime blockade on Iran Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector India allows Iranian oil tankers to berth at Sikka port under special exemption US expected to extend waiver for Russian oil imports amid global energy price concerns Sharp fall in prices hit gold ETF inflows in March India to continue buying Russian crude oil Gold futures drop ₹1,363 to ₹1,52,071/10g India targets 30 lakh PNG connections amid LPG supply concerns Crude oil futures rise on Hormuz disruptions, Saudi attack reports Unseasonal rain, hailstorms, may drag Indian wheat output by over 5% No LPG shortage in country, vessels continuously coming to India via Hormuz: Petroleum Secretary Neeraj Mittal Russia offers sanctioned LNG to energy-hungry Asia at a discount Crude oil futures rise after Israeli attacks on Lebanon West Asia Conflict: Natural gas allocation to fertiliser sector upped to 95% Oil and Gas prices plunge after US and Iran agree to a ceasefire US ceasefire may boost LPG, LNG supplies to India in short term Natural Diamond Council celebrates ‘World Diamond Day’ India set to get first Iranian crude oil cargo in 7 years Crude oil futures crashes 6% to hit lower circuit as US-Iran ceasefire cools tensions Gold rises to near three-week high as Trump pauses attacks on Iran India’s green energy drive faces critical minerals hurdle amid global race Oil plunges, stocks surge as US-Iran ceasefire sparks global market rally Freight surge, logjam hurts egg exports despite strong demand Sugar consumption in April may fall by 2 lakh tonnes on cool weather and LPG scarcity Industry body urges Maharashtra to retain inspector-free fertilizer policy Government amends mining rules to boost critical mineral exploration and self-reliance Silver futures decline ₹1,479 to ₹2.31 lakh/kg as geopolitical risks lift inflation outlook IGX gas trade rises 28% YoY in FY26 to record 76.8 million MMBtu India returns to buying Venezuelan crude to ease supply crunch Crude oil futures hit record ₹10,888/barrel; 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APEDA releases SOP on rice export to China, orders for immediate compliance
By Prabhudatta Mishra · 2026-06-12 · via Commodity Market, Commodities News Today | The HinduBusinessLine

APEDA has issued a new SOP for rice exports following China’s rejection of non-basmati consignments over alleged GMO (genetically modified organisms) contamination. It has begun to enforce the new procedures from Tuesday (June 9). Keen to protect its footprint in a lucrative neighbouring market that shows strong demand for Indian broken rice, the trade body is acting to cushion the sector against falling export volumes in parts of Africa.

In a notice on June 8, APEDA general manager Vinita Sudhanshu said that in order to ensure compliance with the sanitary and phytosanitary requirements for the export of rice to China, a procedure has been developed for the guidance of exporters and other stakeholders.

“The procedure shall come into effect for all RCAC applications received by APEDA from June 9 onwards and shall be applicable to all rice consignments intended for export to China,” she said asking exporters to ensure compliance with the prescribed requirements.

Africa saturated

Welcoming the issuance of the standard operating procedure (SOP), The Rice Exporters Association President B V Krishna Rao said China is an important market as Africa is saturated to meet its concerns of GMO. However, speaking to businessline, Rao said that the export contracts already concluded and shipments presently under execution should be allowed to continue until July 31 as a transitional arrangement under the new system. He suggested the SOP may be implemented from August 1 to provide sufficient time to exporters.

At the meeting of the Non-Basmati Rice Development Fund (NBDF) in May last week, a section of exporters said that some African countries such as Senegal, Burkina Faso, Benin and Sudan have taken restrictive measures to reduce rice imports, which has adversely impacted Indian non-Basmati rice, sources said.

APEDA Charman Abhishek Dev, while addressing the NBDF committee, asked rice exporters to represent at African trade events independent of APEDA’s participation, the sources said. Dev also stressed on the need to diversify rice exports toward high-potential markets such as the Philippines, Indonesia, and China, where India’s share is yet to reach its true potential. Exporters need to incentivise farmers to grow the varieties demanded in these destinations, he said.

Unrelenting China

When some exporters raised the issue of rejection of consignments by China, Dev told them that meeting with General Administration of Customs of the People’s Republic of China (GACC) has been held and in that meeting APEDA clarified that India is a non-GMO country for rice. India also shared with GACC confirmation by ICAR and GEAC that there is no availability of GMO rice seeds, nor any commercial cultivation of GM rice in India was ever allowed.

But, industry sources said that since China did not budge from its stand, India had issued the SOP to get a testing done for GMO so that a uniform procedure is followed by all exporters.

According to the SOP, the export of rice to China shall be allowed only from the rice mills/processing units registered with Directorate of Plant Protection, Quarantine and Storage (DPPQS), in accordance with the 2016 Order. The DPPQS under the Department of Agriculture and Farmers Welfare registers the rice mills/processing units for export to China. Indian exporters are also mandated to either register with GACC or have to source rice only from GACC-registered facilities.

APEDA has also stipulated that exporters shall continue to obtain Phytosanitary Certificate issued by DPPQS prior to export to China. “Export consignments of rice shall be allowed to be shipped to China only after testing by laboratories recognized by APEDA having scope of accreditation for GMO analysis in rice,” it said.

Surging exports

Exporters shall have to apply to recognised laboratories for drawing and testing of samples for GMO analysis under a specific format. After sampling, the lot shall not be shifted/relocated by the processing unit or exporter to another location, it said.

Only after conformity of the sample, the exporter will apply for the Registration-cum-Allocation-Certificate (RCAC) by submitting the Certificate of Analysis to APEDA.

India had exported 315,193 tonnes worth $103.90 million (Rs 922.15 crore) of non-basmati rice to China in 2025-26, against 180,805 tonnes worth $79.43 million (Rs 677.87 crore) in 2024-25. As China had restrictions on Indian rice through non-tariff barriers, the export was less till 2019-20 – only 567 tonnes in 2019-20, but it surged to 331,571 tonnes in 2020-21 after it removed those curbs.

Published on June 12, 2026