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Indian basmati rice exports are projected to reach a record Rs 30,000 crore this season, with volume up only 2% and realisation up 14%. Demand is expected to stay steady, supported by resumed Iranian imports despite sanctions and payment problems.
Higher basmati realisations point to firm export pricing, while flat volumes mean limited extra supply. Iranian import recovery supports demand for Indian rice.
business-standard.comVirendra Singh RawatMar 28, 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.
