South African importers welcome India's decision to lift non-basmati white rice export ban, setting a minimum price of $490/tonne.

South African importers are pleased with India's recent decision to lift a ban on non-basmati white rice exports, imposing a minimum price of USD 490 per tonne instead. This change, which aims to boost exports while meeting regional demand, is anticipated to lower rice prices in South Africa, benefiting consumers and businesses alike. The decision is particularly significant given South Africa's annual rice imports of about 10 million tonnes.

October 06, 2024
4 Articles

Further Reading