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Indian agricultural and processed food exports rose 22.1% to $15.03 billion in April-November 2021-22. Non-Basmati rice shipments grew 46.3% in value and 53.5% in volume, while Basmati shipments fell 22.7%.
November exports jumped 56% year on year.
Surging non-Basmati rice exports tighten global rice supplies and support prices. Weaker Basmati shipments reflect higher domestic Basmati prices, which limit export competitiveness.
thehindubusinessline.comOur BureauDec 31, 2021After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% 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.
