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Telangana millers face losses as the Centre has said it will procure only raw rice from the rabi season instead of customary parboiled rice. Millers say raw rice yields only about 50% from brittle rabi paddy, costing around ₹300 per quintal.
The procurement shift affects Indian milling output and rice flows to the FCI, but its effect on world rice prices is likely limited to domestic supply and milling economics.
thehindubusinessline.comKV KurmanathMar 31, 2023After 100 past neutral policy events, Rough Rice moved a median +0.0% over 5 sessions (51% higher; middle half -2.6% to +2.3%), and +0.7% 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.
