Loading…
The Andhra Pradesh government plans to procure 5 lakh metric tonnes of the Bondalu (MTU-3626) paddy variety this season after central government approval. Cultivation on about 2 lakh acres in Kakinada, Konaseema and East Godavari is expected to yield well, after the state had discouraged the variety for several years.
State procurement of a boiled paddy variety supports domestic paddy demand and prices in southern India, with limited direct effect on global prices.
deccanchronicle.comVadrevu SrinivasApr 17, 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.
