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The Manila Times /
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2024-05-25 17:05:03
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The Manila Times on Nostr: nostr:note1rm5ed4g68l87d0z0px92adjtdevhxgy977d8pdvq2d37wg6y35nsmkml3c

Rice Prices Surge in Asia and Nigeria Due to Strong Demand and Limited Supplies
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#65b474df ver:0.11

Rice prices surge in Asia and Nigeria due to strong demand and limited supplies. Attacks on commercial ships in the Red Sea by Iran-backed Houthi militants disrupt India's rice trade, affecting basmati rice exports. Lower production in China and Indonesia due to dry weather also contribute to the global rice shortage. Thailand and Vietnam may fill the supply vacuum left by India. Concerns about food shortages grow as India restricts rice exports. A collective effort is needed to address the looming rice shortage and ensure food security. #RicePrices #SupplyChainDisruption #FoodSecurity...

#newstr #Rice #FoodPrices #Inflation #Nigeria #Naira #UsDollar

https://here.news/story/65b474df?ver=0.11
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