
Platts assessed Indian 100% broken white rice at $298/MT on Nov. 20, down $6 month on month, after Senegal paused rice import declarations for one month to curb oversupply.
Senegal's stocks have risen to six months of cover, and India's ethanol allocation for broken rice has declined.
Senegal's import halt removes a key destination for Indian brokens, adding downward pressure on low-grade rice prices. Lower brokens prices are relevant for feed buyers sourcing broken rice.
After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), and -0.6% 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.