Starch manufacturers want to ban maize exports

FE reports

The All-India Starch Manufacturers’ Association has asked government to ban maize exports and allow imports on user basis due to shortfall in the country, association president Amol Sheth told Crisil MarketWire. Excessive rainfall in maize growing regions in the country this year has impacted production and has widened the supply shortfall by 1.2 million tonne (mt), he said. “Unless the government bans maize exports on lines of wheat and simultaneously allows imports as per user basis requirements, the threat of layoffs cannot be ruled out,” he said.

One good thing is, they are lobbying for imports!