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India's farm exports fell 10.6 percent in value terms in the first quarter of 2019 to Rs 28,910 crore. Non-basmati rice and pulses exports dropped by around 50 percent in volume, while basmati shipments were slightly lower.
Lower Indian non-basmati rice export volumes reduce global supply availability, which is mildly supportive for world rice prices.
After 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.