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India's agricultural exports rose 23.24% to Rs 25,553 crore in March to June, with non-basmati rice and sugar accounting for over 95% of the increase. Officials said India has enough stock for domestic and global needs.
Officials also said wheat remains uncompetitive internationally.
Officials' statements of ample Indian rice stocks and strong export demand point to continued competition for Thai and Vietnamese rice sales and a stable to softer world rice price outlook.
grainmart.inGurneel KaurSep 14, 2020After 70 past neutral trade events, Rough Rice moved a median +0.2% over 5 sessions (51% higher; middle half -1.3% to +1.9%), and +1.3% over 20.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% 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.
