Onion prices stay high as importers do not seek alternative markets
Importers say the crisis is for the time being as local onions of the new season have already started hitting the market
Source: tbsnews.net
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Indian trade curbs to cut exports by $4 bln, Red Sea attacks a risk - source
India might face a $4 to $5 billion drop in exports due to restrictions on wheat, rice, and sugar trade, aiming to control local prices. Attacks in the Red Sea might affect basmati rice shipments. To cope, India could use an African route, but ongoing attacks might raise rice prices by 15% to 20%
Source: indiatimes.com
India Trade Restrictions: Indian trade curbs to cut exports by $4 bln, Red Sea attacks a risk
India Trade Restrictions: India might face a $4 to $5 billion drop in exports due to restrictions on wheat, rice, and sugar trade, aiming to control local prices. Attacks in the Red Sea might affect basmati rice shipments. To cope, India could use an African route, but ongoing attacks might raise rice prices by 15% to 20%
Source: indiatimes.com
India's protectionist trade policy: Licence Raj or strategy for a new world order?
While some argue that the smart protectionism of India’s trade will lead to its growth others feel it will be a drag on the country’s long-term trade.
Source: moneycontrol.com
India export ban: World rice price index jumps to near 12-year high in July: FAO
Rice prices rose 2.8 percent in July to their highest level in nearly 12 years due to strong demand and export restrictions.
Source: livemint.com