
US consumers are panic buying rice after India's ban on non-basmati white rice exports took effect on July 27. Prices in India rose about 10% over the month.
Chicago rough rice futures gained more than 4% over the past month.
Export restrictions from the largest rice exporter and a rise in CBOT rough rice futures point to firmer global rice prices.
Setelah 168 peristiwa kebijakan bullish sebelumnya, Gabah bergerak median +0,8% selama 5 sesi (57% lebih tinggi; separuh tengah -1,7% sampai +2,1%), dan -0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
The ban took effect July 27 and US consumers began panic buying, adding demand pressure and sentiment support to Chicago rough rice futures just before the move.