The Price of Plenty: India’s rice surplus and global market effects

• India’s public rice reserves are currently nearly three times the official buffer norms, creating high warehousing and fiscal strains. • This oversupply situation in India will have massive global effects on the rice industry. • Following the end of India's export ban in 2024, prices in the rice m...

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Detalles Bibliográficos
Autores principales: Mirzabaev, Alisher, Zwinger, Jeremy
Formato: Brief
Lenguaje:Inglés
Publicado: International Rice Research Institute 2025
Materias:
Acceso en línea:https://hdl.handle.net/10568/178150
Descripción
Sumario:• India’s public rice reserves are currently nearly three times the official buffer norms, creating high warehousing and fiscal strains. • This oversupply situation in India will have massive global effects on the rice industry. • Following the end of India's export ban in 2024, prices in the rice market have already fallen by about $200 per metric ton, with challenges now emerging to find buyers even at these reduced prices.