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India's April-July rice exports fell 26.5% year on year to 3.14 million tons, according to APEDA. Non-basmati shipments dropped 37% as African demand weakened after government support schemes lapsed.
A sharp fall in exports from the world's largest rice exporter reduces global supply available to importers, which is supportive for rice prices.
agrigateglobal.comOnline DeskSep 11, 2019After 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.
