Iran-Israel conflict impact: Basmati rice prices to drop as exports...

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2025-06-16 11:13:09 -

Iran-Israel conflict impact: Basmati rice prices to drop as exports to Iran, third largest buyer of Indian basmati, expected to decline

Basmati rice prices, recently elevated due to increased exports, are anticipated to decline due to potential export reductions to Iran amidst geopolitical tensions. Iran constitutes a significant importer of Indian basmati rice.

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