NEW DELHI (Reuters) – India on Saturday allowed exports of non-basmati white rice exports as inventories in the world’s biggest exporter of the grain surged and farmers are set to harvest a new crop in the coming weeks.
New Delhi set a floor price for non-basmati exports at $490 per metric ton, a government order said.
(Reporting by Mayank Baradwaj and Sethuraman NR; editing by Mark Heinrich)
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