Loading…

India's rice stocks are reported at roughly three times the government target. A new-season crop is expected to start reaching the market soon.
The report follows India's surprise halt on non-basmati white rice exports.
Large Indian stocks and incoming new crop reduce the supply shock from the export ban, which could ease upward pressure on rice prices.
After 87 past bearish report events, Rough Rice moved a median +0.0% over 5 sessions (53% higher; middle half -2.1% to +2.4%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.