Rice market shows strain after India’s six-week campaign of curbs; prices are soaring all over the globe

Rice prices in Asia jumped back near the highest level in almost 15 years on Wednesday after India slapped more curbs on parboiled and basmati over the previous weekend. - Bloomberg

SOUTH-EAST ASIA(Bloomberg): In about six weeks, India has rattled the rice market.

The world’s top shipper has placed restrictions on all of its exports, panicking governments from Asia to West Africa. Other big growers have tried to reassure consumers that rice supply is ample, but it’s done little to calm the market.