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India's Committee of Secretaries raised reserve prices for wheat and rice sold under the open market sale scheme, including broken rice for ethanol distilleries, effective October 1. The decision follows record FCI rice stocks of 37.99 million tonnes as of June 1.
Higher reserve prices for broken rice used in ethanol may modestly firm feedstock costs, but record Indian stocks keep overall export and feed rice supply ample.
thehindubusinessline.comSubramani Ra MancombuJun 28, 2025After 100 past neutral policy events, Rough Rice moved a median +0.0% over 5 sessions (51% higher; middle half -2.6% to +2.3%), and +0.7% 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.
