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India, the largest rice exporter, is considering curbs on overseas rice shipments as global demand rises and domestic requirements grow. Officials said exports are being monitored after the government banned wheat exports in May.
A possible Indian rice export ban would remove a large share of world supply, which is about 40 percent of the global rice trade, and would likely push global rice prices higher.
moneycontrol.comSubhayan ChakrabortyJul 1, 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.
