Rice exports from India set to soar
- Published: 26 Mar 2013 at 12.34
- Online news:
Rice exports from India, the world's second-largest producer, are poised to set a record for the second year with the harvest expected to rebound on normal monsoon rain, potentially widening a global surplus.
Shipments will climb 5% to 10.5 million metric tonnes in the year beginning April, according to the median of estimates from six exporters, a government official and an industry executive compiled by Bloomberg.
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