Rice prices will continue to increase

However, there is not much domestic rice source due to the end of the season, so businesses do not dare to sign new contracts if they have not prepared the supply.

According to experts and businesses, India still has no plans to lift the ban on exporting broken rice or remove the 20% tax on white rice exports, while the war between Russia and Ukraine and conflicts in the region The Middle East is experiencing unpredictable developments, rice prices are forecast to remain high, and even increase in the last months of this year.

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