Domino effect: India rice export ban puts market on edge for copycat curbs


Source: reuters.com reuters.com

Key Topics in this News Article:

News Snapshot:

A worker carries boiled rice in a wheelbarrow to spread it for drying at a rice mill on the outskirts of Kolkata, India, January 31, 2019. Picture taken January 31, 2019. REUTERS/Rupak De Chowdhuri/File Photo Summary India's rice export ban leaves 10 mln T of world supply gap Rival rice suppliers could raise exports by 3 mln T Other producers may limit exports as local prices rally Tighter global supplies to heighten food inflation worries MUMBAI, Aug 11 (Reuters) - India's rice export ban has the world market bracing for similar actions by rival suppliers to avoid potential domestic shortages...