Shoppers around the world are facing another year of expensive rice following India’s trade curbs and the re-routing of Europe-bound ships away from the Red Sea and Suez Canal. Last year saw a 21% increase in the global rice commodity price, according to a January update from the Food and Agriculture Organization (FAO). The rise mostly came after India, the world’s biggest supplier nation, sought mid-2023 to restrict overseas sales to make sure it had enough affordable rice for its 1.4 billion people. Demand for rice was already high after 2022 saw prices of wheat and other grains soar in the …