Monday, May 5, 2008

India may impose a ban on trading in food futures

India is reportedly considering a ban on futures trading in food commodities, as the government struggles to curb soaring inflation and the rising cost of food has become a major international concern.

India has already banned futures trading in rice and wheat.

This is the whole reason for this site. Futures trading dictates our food prices which directly affects what we pay in the restaurant. - chefcoster

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