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India lifted its ban on broken rice exports on March 7, which had been in place since September 2022. Analysts say Indian broken rice is priced above Vietnamese, Pakistani and Myanmar offers, and record government stocks of 36.7 million tonnes limit a rapid export rebound.
Reopened Indian broken rice exports add supply to a market already at multi-year lows, and the feed-grade broken rice channel gains competition.
After 141 past bearish trade events, 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.