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Nomura analysis says the Philippines and Indonesia are the Asian countries most vulnerable to India's rice export ban. The piece also identifies which countries may benefit from the reduced Indian supply.
An Indian rice export ban cuts a large share of world rice supply, pushing Asian import prices up and benefiting other exporters.
markets.financialcontent.comBy: CNBC.com NewsOct 7, 2021After 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.
