Rice prices surge by 10-15% in India as global demand rises
- Posted on October 9, 2024
- By Business News Today
- 1 Views
Rice prices surge by 10-15% in India as global demand rises
Rice prices in India have surged by 10-15% due to a rise in global demand after the government lifted export curbs on non-basmati rice. The move follows a reduction in export duties and comes with the country's sufficient rice stock. Domestic prices are expected to stay firm until the new crop arrives.