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Indian rice exports for 2020-21 are expected to reach 16-17 million tonnes, up from 9.48 million a year earlier. April-December non-basmati shipments rose 129%, with new buyers in South America, East Africa and Southeast Asia.
Strong import demand for Indian rice from multiple regions supports world rice prices as Pakistan's supply has become expensive for buyers.
thehindubusinessline.comVishwanath KulkarniFeb 25, 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.
