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Indonesian policy analysts urge using rice exports as a diplomatic tool and note global trade is only about 5% of world production. Bulog has discussed exporting a possible 300,000-tonne surplus after the harvest.
Quality standards may need revising to match global demand.
A possible Indonesian export program could add modest supply to Asian rice markets, but the proposal is still discussion-stage and has little near-term price effect.
en.antaranews.comEliswan AzlyMay 28, 2019After 100 past neutral policy events, Rough Rice moved a median +0.0% over 5 sessions (51% higher; middle half -2.6% to +2.3%), and +0.7% 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.
