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India imposes major rice export ban, triggering inflation fears

India on Thursday ordered a halt to its largest rice export category in a move that will roughly halve shipments by the world's largest exporter of the grain, triggering fears of further inflation on global food markets.

Modi’s administration has extended a ban on wheat exports after curbing rice shipments in September 2022. It also capped sugar exports this year as cane yields dropped.

India imposes major rice export ban, triggering inflation fearshttps://www.reuters.com/markets/commodities/india-prohibits-export-non-basmati-white-rice-notice-2023-07-20/Open linkView original on kbin.social
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India imposes major rice export ban, triggering inflation fears | Spyke