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Rice prices in Thailand and Vietnam have risen about 20% since India banned shipments of its key non-basmati white rice in July. A timeline shows further restrictions, including India's curbs on deoiled rice bran used in cattle feed and a UAE rice export ban.
India's export bans removed about 2 million tonnes of supply and spread restrictions to other exporters, tightening global rice supply. Feed buyers face higher costs for rice and rice bran, with cattle feed especially affected.
indiaseatradenews.comISTN EditorSep 2, 2023
reuters.comAug 31, 2023After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
After 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.
