Prices for rice may rise worldwide.

India plans to ban the export of all varieties except Basmati. It is all to blame for the natural disasters that have recently hit the country. An export ban could help stop rising inflation. India is the largest supplier of rice - it accounts for 40% of world trade. If the decision is taken, it will affect 80% of India's rice supply and lead to an increase in already high prices for the product around the world.