هل ينجو الأرز من ارتفاع الأسعار ونقص المعروض بعد حظر 3 دول صادراتها؟
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00:00 So, rice prices are at their highest levels and prices in three years after the arrival of three countries to export it.
00:08 We stand to read this scene and what are the causes of this arrival by these countries
00:13 and the implications of this on the prices of rice and its presence in the world,
00:17 in addition to the tariffs imposed by Russia to cancel the agreement on grains,
00:23 and therefore, rice is included in wheat and corn in the world.
00:27 So, the prices of rice at their highest levels in two weeks jumped 7%,
00:31 we are talking about $572 per ton.
00:36 What happened? Russia imposed a ban on the export of rice until the end of the year.
00:40 The goal is to stabilize the prices locally,
00:43 and therefore, it seeks to have enough income and therefore, it affects the outside.
00:48 The United Arab Emirates also decides to stop and restart the export of rice for four months.
00:53 The goal is also to stabilize the prices inside.
00:57 So, India also enters the line and stops some of its exports of rice.
01:02 India is the main exporter of rice in the world.
01:06 The amount is 10 million tons, which decides to stop its exports.
01:10 In total, the exports are 22 million tons,
01:13 and therefore, it seems that it is half the amount that India will export.
01:18 The reasons for stopping the export are also the increase in prices in India,
01:21 which jumped to 11.5% in the past 12 months.
01:27 So, India, as we mentioned,
01:30 takes 40% of the world's rice exports and exports to 140 countries,
01:35 and therefore, it is the main producer of this strategic commodity in the world.
01:40 Fitch expects the biggest shortage in rice production since two decades.
01:45 We are talking about a shortage of 8 million and 700 thousand tons.
01:49 The reasons are climate change and the Ukrainian-Russian war,
01:53 which forced this to happen,
01:55 in addition to the shortage of rice in the rest of the world's strategic commodities,
01:59 which are facing many problems,
02:02 such as wheat, corn and other rice-related systems.
02:06 Therefore, we are facing a real problem.