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India’s Ban on Rice Exports Could Impact Global Prices

juli 23, 2023by Reacties uitgeschakeld voor India’s Ban on Rice Exports Could Impact Global Prices

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New Delhi – A ban imposed by India on exports of several categories of rice due to rising domestic prices and fears of a shortfall in the next crop yield could drive up global prices of the grain at a time when food insecurity is already a concern, according to experts.

India, the world’s largest rice exporter, accounts for 40% of the global rice trade, with its shipments going to about 140 countries.

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