Loading…
The Indian government says it is monitoring domestic and global rice markets weekly and may raise its share of world rice trade when conditions allow. It confirmed the ban on broken and non-basmati white rice exports, citing El Niño and climate uncertainty.
The ongoing ban on non-basmati white rice keeps a large exporter out of world markets, supporting global rice prices, though the possibility of future easing is a bearish offset.
timesofindia.indiatimes.comPTIDec 20, 2023After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% 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.
