USDA forecasts a 5% rise in China's milled rice imports to 2.1 million tonnes in marketing year 2025-26, driven by India's removal of its broken rice export ban. Chinese buyers, who mainly import broken rice for animal feed and ethanol, are waiting for prices to fall further.
Expected Chinese import growth of broken rice supports demand for cheap feed rice, but buyers delaying purchases limits near-term price support.
After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% 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.