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VCBS reported that global rice output is estimated at 519.7 million tonnes at the end of the 2021/22 crop. The report suggests exporters may benefit from tight supplies and lower costs.
Tight global supplies relative to demand support export prices, while lower input costs improve exporter margins.
thestar.com.myThe Star OnlineFeb 27, 2023After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% 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.
