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Indian rice traders are cutting forecasts for record exports as buyers struggle to absorb a glut of rice released after India lifted export curbs. Exporters in Thailand and Vietnam are also suffering from lower prices caused by Indian oversupply.
Oversupply and weak buyer demand point to lower rice export prices across Asia, bearish for rough rice values.
Not enough comparable past events yet for a historical read.
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.