India seen keeping rice export bans into 2024, holding up global prices

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India, a leading rice exporter, is set to prolong restrictions on overseas sales, maintaining the staple grain at its highest price levels since 2008. Despite being a top global shipper, Prime Minister Narendra Modi aims to curb domestic price surges, impacting nations like Benin and Senegal while facing impending reelection. Analysts predict these measures to persist post-elections if domestic rice prices continue rising.

from Agriculture-Economy-News-Economic Times https://ift.tt/YpaOz8o

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