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Indian non-basmati white rice export prices rose by more than $25 per tonne over two weeks on limited domestic supplies and stronger international demand. Parboiled rice prices fell about $5 per tonne as its availability increased.
Higher Indian white rice prices tighten the export market, though India's record production and parboiled availability cap the rally.
tradologie.comPravarsh SharmaMay 1, 2023After 189 past bullish trade events, 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.
