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Commission for Air Quality Management rules limiting Delhi industrial operations are hitting about 400 rice mills, which need continuous processing of about 24 hours per batch. Exporters report disruptions and inability to fill pending orders, although operations have been allowed for five days a week.
Processing disruptions at Delhi mills reduce near-term rice export supply, which is mildly supportive for global rice prices.
indianarrative.comIN BureauJan 31, 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.
