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The US unfreezing $6 billion of Iranian oil money held by South Korea over the past five years and as Pakistan raised its minimum export prices for Basmati Rice, these measures are likely to help fetch higher prices for the fragrant rice in the global markets. How is the outlook for Basmati rice both domestically and Internationally.
MR Subramani, Head - Commodities & Agri-Business , The Hindu businessline weights in on the basmati rice market, and the outlook ahead of the festive season.
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