business india pakistan tensions drive up basmati rice prices

India-pakistan Tensions Drive Up Basmati Rice Prices

23hrs 54mins   👁 5

Basmati rice prices in India have surged by up to 10% recently, reversing a previous decline, as West Asian countries increase imports amid rising India-Pakistan tensions. Concerns over potential supply disruptions are driving demand, particularly from Saudi Arabia, Iran, and Yemen. US buyers are also stocking up before potential tariff changes.