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The FAO All Rice Price Index rose 2.2% in September to 110.9 points, its highest in 18 months. Indica prices rose 3.4% after Indian export restrictions on broken rice and higher duties on non-boiled rice.
Indian export curbs tighten Asian supply and lift Indica benchmarks, supporting global rice prices and raising costs for importers.
dhakatribune.comTribune DeskOct 11, 2022After 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.
