Monday, 08 September 2008 |
updated 1 minute ago
10:06 UAE time

YOUR DIRECTORY /

UAE rice supplies nearly depleted

by Claire Ferris-Lay on Tuesday, 08 July 2008

NO SUPPLIES: Stocks of Indian non-basmati rice in the UAE will not last beyond 10 days according to senior food traders in the region. (Getty Images)

Stocks of Indian non-basmati rice in the UAE will not last beyond 10 days according to senior food traders in the region, UAE daily Gulf News reported on Tuesday.

It follows the introduction of a ban on exports of this type of rice in March, the newspaper said, citing Nandu Kumar, spokesperson for Emke Group, which operates Lulu Hypermarkets.

The ban caused a wave of panic buying, causing benchmark Thai rice prices to treble in the process.

Story continues below ↓

Last year, the UAE imported about 750,000 tonnes of rice, mainly from India, Pakistan, Thailand and Egypt.

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