Global rice prices are rising due to production issues in major exporting countries including China, India, and Thailand.
1 report, 1 independent
Updated Jun 27
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What happened
Global rice prices are rising due to production issues in major exporting countries including China, India, and Thailand.
Who's involved
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The entities involved
Related events
- Thailand is experiencing a massive influx of cheap foreign agricultural imports into its market.
- Price hikes in rice are affecting consumer goods in Seoul.
- Geopolitical conflict is driving up commodity prices, and China is taking actions to counter geopolitical supply risks.
- Chinese authorities required permission for rare earth exports, leading to shortages, tariffs, and trade tensions affecting global supply chains.
- Global inflation and supply chain risks are driven by conflicts in the Middle East and Europe, alongside climate threats like El Niño.