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Non-basmati rice overtook basmati as India's top agri export by value, with shipments above $3 billion in April-December. Total APEDA agri exports rose nearly 20% to $13.74 billion over the same period.
Strong export demand for Indian rice supports world rice prices, although the story reports trade performance rather than a new price shock.
thehindubusinessline.comOur BureauJan 29, 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.
