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China’s early indica rice prices have weakened, with the market price near the 1.35 yuan-per-jin level supported by the minimum-purchase policy. As the new harvest approaches, reserve rice auctions are expected to add supply, while farmers are concerned about prices and whether the support policy will cover this year’s purchases.
Reserve auctions could increase rice availability and weigh on prices, while the minimum purchase price may provide a floor and encourage farmers to hold grain rather than sell immediately.
mysheen.comNov 10, 2026Not enough comparable past events yet for a historical read.
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.
