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Rice prices in Thailand and Vietnam have risen around 20% since India banned non-basmati white rice exports in July 2022, tightening global supplies. The article lists a series of export curbs by India, the UAE and others that followed.
Export restrictions by major exporters have driven rice prices sharply higher and encouraged importers to lock in shipments, supporting firm global rice prices.
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.