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Non-basmati rice exports from India have slowed this quarter, especially to Far East and Southeast Asia, as new paddy arrivals arrive. Payment trouble with Vietnamese buyers, high freight and volatile markets are also weighing, while African shipments of parboiled rice are strong.
Exporters say prices have fallen.
Slower Indian rice export flows and lower prices reduce upward pressure on global rice prices.
thehindubusinessline.comSubramani Ra MancombuSep 22, 2021After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), and -0.6% 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.
