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Chhattisgarh millers say a flaw in the state's milling policy, which sets the turn-out ratio at 67 to 68 percent, prevents them from recording broken rice. As a result, they are cutting exports of broken rice to African buyers, which the state ships at over one million tonnes a year.
Reduced broken-rice exports from Chhattisgarh trim supply to African markets, a small but real factor for lower-grade rice prices.
business-standard.comBusiness StandardDec 1, 2016After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% 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.
