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India bans exports of non-basmati white rice amid production concerns

  • India has banned exports of non-basmati white rice due to monsoon delays impacting crops.
  • India accounts for over 40% of global rice exports, so the ban will affect prices and buyers dependent on Indian supply.
  • Domestic Indian rice prices have risen over 10% in the past year due to weather and inflation concerns.
  • The export ban aims to ensure adequate domestic supply and control further rice price increases in India.
  • African nations are expected to be most impacted by India's halt of white rice exports before a key election.
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