{"id":7870,"date":"2023-09-09T19:41:37","date_gmt":"2023-09-09T19:41:37","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=7870"},"modified":"2023-09-10T19:42:10","modified_gmt":"2023-09-10T19:42:10","slug":"global-rice-prices-hit-15-year-high-after-indias-export-ban-un-fao","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/global-rice-prices-hit-15-year-high-after-indias-export-ban-un-fao\/","title":{"rendered":"Global Rice Prices Hit 15-Year High After India&#8217;s Export Ban: UN FAO"},"content":{"rendered":"\n<p>Rice prices rose globally by 9.8% in the month of August, despite other food prices easing.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/09\/image-44-1024x512.png\" alt=\"\" class=\"wp-image-7871\" srcset=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/09\/image-44-1024x512.png 1024w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/09\/image-44-600x300.png 600w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/09\/image-44-300x150.png 300w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/09\/image-44-768x384.png 768w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/09\/image-44.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>New Delhi:\u00a0<\/strong>Rice prices rose globally by 9.8% in the month of August, despite other food prices easing, because of \u201ctrade disruptions in the aftermath of a ban on Indica white rice exports by India\u201d, the United Nations\u2019 Food and Agricultural Organisation (FAO) has\u00a0said in a report. This had led to rice prices reaching a 15-year nominal high.<\/p>\n\n\n\n<p>\u201cUncertainty about the ban\u2019s duration and concerns over export restrictions caused supply-chain actors to hold-on to stocks, re-negotiate contracts or stop making price offers, thereby limiting most trade to small volumes and previously concluded sales,\u201d the report continued.<\/p>\n\n\n\n<p>In July,\u00a0India had banned the export\u00a0of non-basmati rice to try and curb rising prices. The consumer affairs and food ministry said at the time that the move would \u201censure adequate availability\u201d and \u201callay the rise in prices in the domestic market\u201d.<\/p>\n\n\n\n<p>Non-basmati white rice constitutes about 25% of the total rice exported from the country. \u201cThe prohibition on export of non-basmati white rice will lead to lowering of prices for the consumers in the country,\u201d the ministry said.<\/p>\n\n\n\n<p>India has since announced exemptions for Bhutan, Mauritius and Singapore.<\/p>\n\n\n\n<p>Reports have said that\u00a0over 40 nations depend\u00a0on India for over half of their rice imports, and certain African and South Asian countries procure over 80% of their rice imports from India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rice prices rose globally by 9.8% in the month of August, despite other food prices easing. New Delhi:\u00a0Rice prices rose globally by 9.8% in the month of August, despite other food prices easing, because of \u201ctrade disruptions in the aftermath of a ban on Indica white rice exports by India\u201d, the United Nations\u2019 Food and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7871,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[159],"class_list":["post-7870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-global-rice-news"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global Rice Prices Hit 15-Year High After India&#039;s Export Ban: UN FAO - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Rice Prices Hit 15-Year High After India&#039;s Export Ban: UN FAO - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"Rice prices rose globally by 9.8% in the month of August, despite other food prices easing. New Delhi:\u00a0Rice prices rose globally by 9.8% in the month of August, despite other food prices easing, because of \u201ctrade disruptions in the aftermath of a ban on Indica white rice exports by India\u201d, the United Nations\u2019 Food and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ricenewstoday.com\/dev\/global-rice-prices-hit-15-year-high-after-indias-export-ban-un-fao\/\" \/>\n<meta property=\"og:site_name\" content=\"Rice News Today\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-09T19:41:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-10T19:42:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/09\/image-44.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Developer Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Developer Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/global-rice-prices-hit-15-year-high-after-indias-export-ban-un-fao\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/global-rice-prices-hit-15-year-high-after-indias-export-ban-un-fao\/\"},\"author\":{\"name\":\"Developer Team\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#\/schema\/person\/5bab6fa4a598696885d5615daac778dd\"},\"headline\":\"Global Rice Prices Hit 15-Year High After India&#8217;s Export Ban: UN FAO\",\"datePublished\":\"2023-09-09T19:41:37+00:00\",\"dateModified\":\"2023-09-10T19:42:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/global-rice-prices-hit-15-year-high-after-indias-export-ban-un-fao\/\"},\"wordCount\":244,\"publisher\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/#organization\"},\"image\":{\"@id\":\"https:\/\/ricenewstoday.com\/dev\/global-rice-prices-hit-15-year-high-after-indias-export-ban-un-fao\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/09\/image-44.png\",\"keywords\":[\"Global Rice News\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ricenewstoday.com\/dev\/global-rice-prices-hit-15-year-high-after-indias-export-ban-un-fao\/\",\"url\":\"https:\/\/ricenewstoday.com\/dev\/global-rice-prices-hit-15-year-high-after-indias-export-ban-un-fao\/\",\"name\":\"Global Rice Prices Hit 15-Year High After India's Export Ban: UN FAO - 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