Sunday, September 11, 2022

India's rice export curbs trap 1 million tonnes at ports as buyers refuse to pay duty

India banned exports of broken rice and imposed a 20% duty on exports of various other types on Thursday as the world's biggest exporter of the grain tries to boost local supplies and calm prices after below-average monsoon rainfall curtailed planting. India ships around two million tonnes of rice every month.

from Economy-News-Economic Times https://ift.tt/y0o8eJu
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