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Six WTO members, including the US, UK, and Japan, have asked India when it plans to lift or ease its ban on non-basmati white rice exports and whether it will replace the ban with an export duty. Over 40 questions have been raised about India's export restrictions since 2022.
Pressure from trading partners at the WTO could hasten India's easing of rice export curbs, a development that would add supply to world markets over time.
m.economictimes.comKirtika SunejaSep 18, 2024After 70 past neutral trade events, Rough Rice moved a median +0.2% over 5 sessions (51% higher; middle half -1.3% to +1.9%), and +1.3% 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.
