Prices of parboiled rice surge 12 per cent as global demand picks up

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Overseas demand for parboiled rice has shot up following the Centre's decision to ban the export of raw, white rice on July 20, given apprehensions among global buyers that India may ban export of parboiled rice as well. Industry executives said if the government does not put an export duty on non-basmati parboiled rice, then the IR 64 variety, which is consumed by the common people, will go out of the reach of the people.

from Agriculture-Economy-News-Economic Times https://ift.tt/hxfEcpz

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