Report
India could become a key rice supplier as global output is projected to fall
The Economic Times, citing ANI, reports that an Indian Rice Exporters Federation official expects global rice output to fall 9% and demand to rise 14%.
TLDR
The Economic Times, citing ANI, reports that Indian Rice Exporters Federation vice president Dev Garg expects global rice production to fall about 9% and demand to rise 14%. Garg says India has about 27 million metric tons of rice above its buffer stocks, giving it room to expand exports. Higher fuel, fertilizer and shipping costs remain concerns.
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