India's rice stocks in government warehouses reached a record high for early December, up about 12% year on year, as state agencies bought paddy for the new season. Paddy procurement since October 1 has reached 42.2 million tons.
Export demand is described as soft, but a weaker rupee is helping traders land competitive deals.
Large Indian stocks and a weaker rupee support export competitiveness and could pressure prices from rivals such as Thailand, Vietnam and Pakistan.
Setelah 141 peristiwa perdagangan bearish sebelumnya, Gabah bergerak median +0,6% selama 5 sesi (57% lebih tinggi; separuh tengah -2,3% sampai +2,4%), dan -0,6% 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.