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India's agricultural exports fell about 15% year on year in April-June 2023, following stoppages of sugar exports and curbs on rice including a broken rice ban. New restrictions on non-basmati white rice and a $1,200 per tonne cap on basmati exports are expected to weigh further on exports.
Lower Indian export volumes reflect tighter global rice and sugar availability from Indian supply, supporting international prices, while domestic food-price pressure keeps policy restrictive.
business-standard.comSanjeeb MukherjeeSep 19, 2023After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% 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.
