Future Trends in Rice Supply for Singapore What are some upcoming challenges that could affect how Singapore gets its rice? Think about how past events, like Indonesia banning palm oil exports or India stopping wheat exports, caused disruptions. Could similar things happen with rice? Share some examples to explain your thoughts.   I have researched on past Past examples of other soft commodities:- on 28th April 2022 Indonesia announced a complete ban on palm (cooking) oilbecause of domestic shortages resulting in rising prices. This ban was lifted 23rd May2022, three weeks later.- on 14th May 2022 India banned the export of wheat exports with immediate effect, tocalm local prices.- on 23rd May 2022 Malaysia announced the ban on export of live chickens toSingapore effective from 1st June 2022 - to curb domestic supply and pricing issues.This ban was eventually lifted 11 Oct 2022, four and a half months later.

Foundations of Business (MindTap Course List)
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ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter3: Global Business
Section3.7D: The Challenges Ahead
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Future Trends in Rice Supply for Singapore

What are some upcoming challenges that could affect how Singapore gets its rice? Think about how past events, like Indonesia banning palm oil exports or India stopping wheat exports, caused disruptions. Could similar things happen with rice? Share some examples to explain your thoughts.

 

I have researched on past Past examples of other soft commodities:
- on 28th April 2022 Indonesia announced a complete ban on palm (cooking) oil
because of domestic shortages resulting in rising prices. This ban was lifted 23rd May
2022, three weeks later.
- on 14th May 2022 India banned the export of wheat exports with immediate effect, to
calm local prices.
- on 23rd May 2022 Malaysia announced the ban on export of live chickens to
Singapore effective from 1st June 2022 - to curb domestic supply and pricing issues.
This ban was eventually lifted 11 Oct 2022, four and a half months later.

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