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India May Reimpose Broken Rice Export Curbs

The Indian Rice Exporters' Federation has warned that India may reimpose curbs on exports of 100% broken rice. International prices have crossed $360 per tonne, while domestic demand from ethanol makers and poultry-feed producers is rising. No fresh curbs have been announced so far.

Context

Context: India has limited rice exports before to keep food prices steady at home, and rice is a staple for millions of families. Ethanol plants and poultry farms also use grain, so rising demand can tighten supplies.

Economic Times
Burning Potato score: 62%

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