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India, the world's largest rice exporter, is considering restricting exports of 100% broken rice after rainfall shortages reduced paddy planted area. Government and industry officials told Reuters of the deliberations.
India supplies roughly 40% of global rice trade, so any curb on broken rice exports would tighten world supply and likely lift international rice prices.
prelaunch.financialexpress.comSandip DasAug 26, 2022
reuters.comRajendra Jadhav, Mayank BhardwajAug 26, 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.
