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India's rice stocks have reached a record high, according to the report. Wheat stocks were also reported at 22.3 million tons as of Dec.
1, and Indian wheat prices have hit a record on strong demand and delayed government stock releases. The government removed export curbs on all rice grades except broken rice after a bumper crop was expected.
Larger rice stocks let India export more without threatening domestic supply, adding competing supply to world rice markets and pressuring prices for other exporters.
reuters.comMayank Bhardwaj13 dic 2024Tras 87 eventos bajista de informe pasados, Arroz cáscara se movió una mediana de +0,0 % en 5 sesiones (53% al alza; mitad central entre -2,1 % y +2,4 %), y +1,1 % 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.
