Government May Weigh Easing Controls on Rice Exports

Are you looking to Rice Importers ? Given the surplus of rice supplies and the predicted "above normal" rainfall that will probably encourage more paddy planting during the season of kharif, the government might want to consider easing the limitations placed on rice exports the previous year. The government will evaluate the kharif paddy seeding, which is anticipated to start next month, before deciding whether or not to lift the export restrictions. An official stated, “We need to look at lifting restrictions on rice shipments as kharif crop prospects look bright.