
Global rice prices dropped on Monday after India and Pakistan moved to lift export curbs. India lifted its ban on non-basmati white rice exports, and Pakistan withdrew minimum export prices on all rice varieties.
Exporters warn of a pricing war between the two South Asian suppliers.
Two major exporters competing on price is likely to keep rice export quotes under pressure. Weaker rice prices favor buyers of rice-based feed ingredients.
Tras 100 eventos bajista de política pasados, Arroz cáscara se movió una mediana de -0,1 % en 5 sesiones (49% al alza; mitad central entre -1,7 % y +1,6 %), y +0,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
India lifting the ban and Pakistan removing minimum export prices raised expected supply competition and price-war fears, though it is dated after the move.