Loading…
Indian non-basmati rice exporters see new opportunities in Southeast Asia and Africa as paddy crops fail in Thailand and Vietnam. Contracts have been signed with Indonesia and Malaysia, while a paddy movement ban in Andhra Pradesh is hindering shipments from Kakinada port.
Crop failures in Thailand and Vietnam combined with Indian export demand could support Asian rice prices, though port logistics limit how much Indian supply can reach buyers.
business-standard.comVirendra Singh RawatMay 19, 2020After 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.
