India bans rice bran exports until March 2024

Published 2023년 12월 11일

Tridge summary

India has extended the ban on the export of defatted rice bran, a key ingredient in animal feed, until March 31 next year. The ban was first implemented in July of this year. Experts believe that the ban could help increase the availability of the product in the domestic market and contain inflation rates, while some industry associations have raised concerns about the impact on cattle feed and milk prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(By Planeta Arroz) The government of India has extended the ban on the export of defatted rice bran, an important ingredient in the preparation of feed for cattle and poultry, until March 31 next year, according to a notification issued this Friday . Exports were suspended for the first time in July this year. “The ban on the export of defatted rice bran is extended until March 31, 2024,” said the Directorate General of Foreign Trade in a notification. According to experts, the increase in the cost of feed is one of the main reasons for the rise in milk prices in the country and the ban on exports can help increase the availability of the product on the domestic market, thus containing inflationary rates. However, the Oil and Solvent Extractors ...
Source: Planetaarroz

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.