Business Daily from THE HINDU group of publications Saturday, Feb 24, 2007 ePaper |
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Shipping Agri-Biz & Commodities - Oilseeds & Edible Oil Industry & Economy - Exports & Imports Rice bran exports resume from Kakinada Our Bureau
But during the past two years, along with booming rice exports from the old, rice bran exports have showed considerable improvement. Currently, some 30,000 tonnes of rice bran is lying in the open for want of storage space and there is considerable damage to the cargo. There are 21 jetties in the old port, but not one dedicated to the bran export. "We are facing many problems due to paucity of steel barges for handling the cargo. There is a long wait and we are forced to pay demurrage. Timely allotment of barges is crucial to meeting the export requirements," said a trader. During the 2006 calendar, rice bran extract exports were to the extent of 1.89 lakh tonnes, and they are expected to cross two lakh tonnes this year. Some 43,000 tonnes of bran have already been exported to Vietnam during the current year so far, and two more ships are expected at the port shortly to ship 15,000 tonnes of rice bran extractions. The trade has offered to construct a jetty at a cost of Rs 50 lakh exclusively for the export of rice bran.
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