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Indian farm exports rose 13 percent in April-September 2017 to $8.73 billion, led by rice, which grew over 30 percent in dollar terms. European buyers built inventories ahead of tighter EU quality tests effective November 1.
Front-loaded European rice buying supports Indian export prices in the near term, though inventory building may leave demand softer once the new EU quality rules take effect.
business-standard.comBusiness StandardNov 4, 2017After 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.
