The World’s Top Rice Shipper Now Has Restrictions on Every Grain
- India implements curbs on parboiled, basmati over the weekend
- Asia’s benchmark rice price near highest in almost 15 years
Over the past few days, India imposed a minimum price on shipments of basmati rice and put an export tax on the parboiled variety.
Photographer: Asad Zaidi/Bloomberg
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India, the world’s largest rice exporter, has now implemented restrictions on every variety of the grain that the South Asian nation ships overseas, measures that will tighten global supply even further.