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Officials say India is weighing a ban on exports of white broken rice to maintain food security after a poor monsoon cut kharif paddy output in key states. Other rice varieties and premium basmati would continue to be exported.
A ban on the broken rice grade would remove a significant export volume from world markets while global demand for that grade is high, supporting rice prices.
hindustantimes.comZia HaqAug 27, 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.
