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Indian rice exporters foresee 2024 being a demanding 12 months marked by policy uncertainties and elevated nearby prices, hindering the normalisation of rice exports from the state.
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Irrespective of trade curbs, local rice rates have remained sturdy, foremost The federal government to difficulty warnings to retailers. Nevertheless, millers and exporters foresee a sustained substantial-selling price ecosystem until the next kharif harvest season, driven by high procurement costs provided by particular State Governments and strong demand from southern States.
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