India extends deadline for export of broken goods to Senegal and Gambia, Brazil's customers

(By Planeta Arroz) Worrying news for the Brazilian rice market and rice exports has reached Brazilian traders and industries this week. The Government of India has extended the deadline for export of broken rice to Senegal and Gambia through the National Cooperative Exports Limited (NCEL). This notification was issued on December 5, 2024. The extension, effective November 30, 2024, will allow exports to continue until January 31, 2025. This is a cause for concern because Senegal and Gambia – along with Sierra Leone – are the largest importers of broken rice from Brazil and the Indian extension will reduce demand for the Brazilian product. The decision was taken under the Foreign Trade (Development & Regulation) Act, 1992, and is aimed at facilitating the export of broken rice from India to these specific countries. The extension is expected to benefit Indian exporters ...