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India's 13% hike in paddy minimum support price may draw greater scrutiny at the WTO, where the US has questioned India's subsidy calculations. Officials believe India may remain within permitted subsidy limits because the rupee has weakened against the dollar.
WTO trade disputes over Indian rice subsidies could affect future export flows, but the immediate price impact is limited.
livemint.comAsit Ranjan MishraJul 5, 2018After 100 past neutral policy events, 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.
