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Indian non-basmati rice exports rose 40% in volume to 6.338 million tonnes in April-December, with value up 46%. Strong demand from Bangladesh, Sri Lanka and African buyers, plus depleted Thai stocks, helped India gain market share.
Thin Thai stocks and firm Indian export demand tighten the global rice supply, supporting international rough rice prices and making Indian supply the marginal source for importers.
thehindubusinessline.comVishwanath KulkarniFeb 20, 2018After 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.
