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India's 2019 rice exports fell 18.1% from a year earlier to 9.87 million tons, the lowest since 2011. Demand from key Asian and African buyers moderated because of higher prices.
Reduced Indian exports lower the supply available to importers and reflect softer demand, which keeps global rice prices under pressure.
ft.lkFeb 7, 2020After 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.
