After imposing 20 per cent export duty on select rice varieties on Thursday, the Centre in a late night order banned the exports of all forms of broken rice with immediate effect in attempt to cool prices.
The decision to ban exports of broken rice is expected to stop overseas shipment of around 4 million tonnes (MT) of rice largely to countries such as China, where demand has grown exponentially in the last few months due to drought in their main growing areas.
Between April and June, around 1.8 MT of broken rice was exported.
Trade and market sources said