Indian rice exporters fear cost surge from potential domestic fuel hike

Indian rice exporters expressed concerns over a possible rise in domestic fuel prices, which could aggravate the current situation of truck shortages, increased logistical costs, and potentially lead to a rise in input costs for rice, sources told Platts, part of S&P Global Energy, May 12. Prime Minister Narendra Modi urged the country on May 10 to achieve economic self-reliance, including a callIndian rice exporters expressed concerns over a possible rise in domestic fuel prices, which could aggravate the current situation of truck shortages, increased logistical costs, and potentially lead to a rise in input costs for rice, sources told Platts, part of S&P Global Energy, May 12. Prime Minister Narendra Modi urged the country on May 10 to achieve economic self-reliance, including a callRead More