India continues to ban the export of extracted rice bran after plain rice

The Vietnam Trade Office in India said that on July 28, the General Department of Foreign Trade of India issued Notice No. 21/2023 on banning the export of Deoiled Rice Bran Extraction (DORB), effective immediate effect and lasts until November 30, 2023. This new development comes after more than a week India banned the export of white rice (non-Basmati). This decision was made by the General Department of Foreign Trade of India in the context of a significant increase in the domestic price of milk and dairy products, due to the skyrocketing price of animal feed, in which the main ingredient is rice bran extracted rice bran (rice bran extract). DORB) or rice bran extract, a major ingredient in animal, poultry and fish feed. According to data from the Ministry of Industry and Trade of India, in the first 5 months of 2023, India exported 288,000 tons of rice bran extract (HS code 23069090), down 21.54% over the same period. In which, the amount of bran exported to Vietnam reached ...