India, the world’s largest rice exporter, is considering further restrictions on grain exports as the country struggles with rising food prices.
According to “Bloomberg”, this step, if implemented, would lead to a restriction of global supply.Informed sources said that the government is considering imposing a tax on exports of boiled rice, the decision has not been taken yet, and it is not certain that the discussions on this issue will lead to the implementation of those taxes.
Rice prices in Asia rose to their highest level in almost 15 years this month after India announced a ban on some exports and concerns about the outlook for Thai production prevailed.