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Indian rice exports rose 20% year-on-year to a record of about $12.47 billion in fiscal 2024-25, with volumes possibly above 20 million tonnes. The government has removed all rice export restrictions, including the minimum export price.
Record Indian shipments and the removal of export curbs show ample Indian rice supply in global markets, which weighs on world rice prices.
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.