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An analysis argues that India's rise to the top of world rice exports, which began after the 2011 lifting of a non-basmati export ban, has mainly benefited merchant exporters rather than consumers or producers. It notes India's roughly 25% share of world rice exports.
India's dominant export position keeps global rice supply ample and export prices competitive. Policy shifts that change Indian export flows would move world rice prices.
thehindubusinessline.comCP Chandrasekhar, Jayati ghoshJan 14, 2019After 70 past neutral trade events, RICE moved a median +0.2% over 5 sessions (51% higher; middle half -1.3% to +1.9%), and +1.3% 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.
