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Rice exports to Africa may be hit by Ebola outbreak

Rice exports to Africa are likely to be hit badly as traders have declined orders due to growing fears over the Ebola outbreak, market sources said.

India, which usually despatches nine vessels of rice to West African nations like Nigeria, Benin, Senegal, Ivory Coast, Ghana, Liberia, Guinea and Sierra Leone, has reportedly sent only four ships since the outbreak.

Kakinada port, which ships around 98 per cent of rice to African nations, is said to have reduced the shipments significantly.

The country’s total rice shipments had declined by 7 per cent to 10.14 million tonnes (mt) in the 2013-14 marketing year (October-September). However, India has still maintained its status as a top exporter in the global market, exporters claim.

Source : Exim News Service - new delhi, Nov. 4

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