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India's 2017 rice exports are estimated to have risen 22% to a record 12.3 million tonnes, driven by Bangladesh buying after floods. Bangladesh and Sri Lanka are expected to keep buying into 2018 as Thai inventories deplete.
Record Indian export volumes and steady importer demand tighten global rice supplies and support export prices.
livemint.comRajendra Jadhav, Ruma PaulJan 10, 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.
