The domestic shortage of corn has led to local
prices rising by half to Rs 900 (€15.30) per 100 kg in some markets. India
may comply with the demand from poultry farmers and starch manufacturers to
ban exports and permit duty-free imports, trade minister Kamal Nath already said
on mid November.
The domestic
shortage may stimulate corn import for the first time in five years; 90% of
India’s corn production is used to make animal feed and starch.
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