International rice prices still need to rise? The Red Sea situation is tense, and India is reportedly considering opening up another rice transportation route
芊芊551
发表于 2023-12-22 12:25:19
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According to sources cited by the media, if the tense situation in the Red Sea cannot improve, India may consider adjusting some rice transportation routes, which could further increase prices. Sources say that if the attacks by the Houthi militants continue, India may consider opening another route in Africa to transport Basmati rice (also known as Indian fragrant rice), which could lead to a price increase of about 15% to 20%. It is reported that this route may also affect India's export of long grain rice to Egypt and Europe.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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