Vijay Kumar Setia News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In Kolkata, rice prices have dropped by up to 10% in the past month, attributed to increased market supplies and government measures. Non-basmati rice is 7% cheaper, while basmati prices have fallen by 10%. The arrival of the rabi crop from Telangana, Odisha, and Tamil Nadu has contributed to the decline.

Container costs have surged, routes have been diverted around Africa, and there is growing uncertainty. Exporters are struggling with competitiveness loss and logistical nightmares, while importers face rising costs and potential inflationary pressures.