Now Thailand and Vietnam have raised export prices of rice
- Occasional - India took advantage of the ban - The price of rice in transit in world trade was also suddenly raised by 50 to 100 dollars per ton! The grain markets in the country have seen the equations change rapidly recently. Trends in the global market have also changed rapidly after the government imposed restrictions on the export of non-basmati rice to maintain rice supply and market prices in India. The prices have gone up in the world market. Exporters of Thailand and Vietnam have increased the export price of rice. There were also reports of Indians living in America scrambling to buy rice in American grocery stores. In the global rice trade, importers of rice-importing countries were stunned as the price of rice was increased by USD 50 to USD 100 per tonne for cargoes in transit even in export consignments. Meanwhile, the Indian government has taken other measures after banning rice exports. The government has also directed to stop supplying rice at low prices to distil...