loader

India considers lifting rice export curbs as supply improves

Global food costs ended 2022 roughly where they started despite a year of disruptions from the war in Ukraine and extreme weather. A spokesperson for the food and commerce ministries declined to comment. India imposed a 20% duty on shipments of white and brown rice in September, and banned broken rice sales abroad. The curbs, which apply to about 60% of Indian rice exports, came on top of restrictions on wheat and sugar sales. Rising Global Food Protectionism Risks Worsening Inflation.
Read More

Recent Posts