 "India slashes rice export duties to boost shipments, as bumper harvests promise lower prices and renewed access to global markets.")
India slashes rice export duties to boost shipments, as bumper harvests promise lower prices and renewed access to global markets.
India has reduced the export duty on parboiled rice from 20% to 10% due to rising inventories and an upcoming harvest. This change will make Indian rice more competitive globally, potentially driving prices down in countries like Thailand and Vietnam. The export duty for brown rice and husked rice has also been cut to 10%, ...
