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India has approved exports of 200,000 tonnes of non-basmati white rice to Malaysia under a government-to-government arrangement, bringing the fiscal-year total approvals to 2.04 million tonnes. Shipments will go through the National Cooperative Exports Ltd.
Case-by-case permits add modest supply to the world rice market but do not signal a full lifting of the ban, so the price effect is limited.
thehindubusinessline.comBL New Delhi BureauAug 21, 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.
