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India Rice Exports Seen Surging as Ban Ended

Date Published: 
01/10/2012
Summary: 

Rice exports from India, the world’s second-largest producer, may more than double this year on a record crop and as importers seek alternative to expensive supplies from Thailand, a shippers’ group said. (..) Cheaper rice, staple for half the world’s population, may further cool global food costs (FAOFOODI), which dropped for a fifth month in November, according to the United Nations.