Indian rice export ban: Asian countries will be hit hard - and those who will benefit

Indian rice export ban: Asian countries will be hit hard – and those who will benefit

India’s rice production fell 5.6 percent year-on-year in September as below-average monsoon rainfall hit the crop, Nomura said. Rebecca Conway | Getty Images News | Getty Images India, the world’s largest rice exporter, has banned shipments of broken rice – a move that will reverberate across Asia, according to Nomura. In a bid to control …

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