North Texans fearing a rice shortage are panic buying, but grocers say it's not necessary. Here's the reason for the rice concerns.
The world’s largest rice exporter imposed a new ban on one of its most popular grains and has intensified fears of inflation and shortages. The restriction on non-basmati white rice went into effect immediately after the announcement last Thursday.
“They really wanted to purchase ten, 12, 15 bags,” Anand Pabari said. Pabari is the president of India Bazaar, a South Asian grocer with headquarters in Plano and ten stores across the metroplex. “It was a really crazy situation.” While the ban does not include organic non-basmati white rice, customers have left those piles nearly untouched.
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