Business Blog: India expands curbs on rice exports with 20% duty on parboiled grade

Saturday, August 26, 2023

India expands curbs on rice exports with 20% duty on parboiled grade

Last month, India surprised buyers by imposing a ban on exports of widely consumed non-basmati white rice, following a ban on broken rice exports last year. The ban prompted some buyers to increase purchases of parboiled rice and lifted its prices to record highs, said a Mumbai-based dealer with a global trade house.

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