The Indian government said yesterday that it imposed a minimum export price for “basmati rice” shipments of $1,200 per ton, as the country tries to control local prices before local elections.
India, the world’s largest rice exporter, last July banned non-basmati white rice exports, and last Friday imposed a 20% duty on parboiled rice exports.
The government said in a statement that some traders were classifying white rice as “basmati” to overcome export restrictions after the ban was issued.
She added that setting a minimum export price would help the authorities to ensure that white rice was not exported as basmati.
#India #sets #minimum #export #price #basmati #rice
2023-08-27 22:01:51
Related posts:
A Midi Fair to save a season of “rotten weather”: “as soon as there is a ray of sunshine, people com...
Brazil - Brasileirao: Atlético Mineiro vs Fortaleza Fecha 11 | Different Soccer Leagues
Minister Demir does not want to cancel the last day of school on Monday, June 30, school principals ...
Man Arrested in Co Antrim Following Disappearance of Woman: Increasing Concerns for Her Safety
