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India's rice exports rose 85.8% year-on-year to $1.05 billion in October 2024, following the removal of export bans, duties and the minimum export price. Overall rice exports for April-October were up 5.27%.
A sharp rebound in Indian shipments confirms that more supply is reaching world markets, which weighs on rice export prices.
ukragroconsult.comNov 18, 2024After 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.
