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India's farm exports fell 8% in April-May 2019 to Rs 20,345 crore, with non-basmati rice shipments more than halving. Basmati exports rose 19%, while pulses fell about 60% and guargum fell about 6%.
The drop in non-basmati rice and pulses exports shows reduced Indian supply to world markets, supporting rice prices, while basmati growth reflects steady demand for premium rice.
dst.newsJul 23, 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.
