India, Russia Ban Rice Exports Raising Risk Of Global Food Price Increase
India is the largest rice exporter in the world, accounting for about 40% of global exports, potentially leading to a major impact on the price of rice across the world.
NEW DELHI - India has banned all non-basmati rice exports worldwide, and Russia has also announced a "temporary" ban on all rice exports, which it says is aimed at "stabilizing the domestic market", according to the Kremlin.
India is the largest rice exporter in the world, accounting for about 40% of global exports, potentially leading to a major impact on the price of rice across the world.
India Shores Up Rice Supply As It Fights To Feed Its Own:
Keep reading with a 7-day free trial
Subscribe to The Standeford Journal - News, Intel Analysis to keep reading this post and get 7 days of free access to the full post archives.