
The Indian Cabinet approved a plan to export 1 million tonnes of non-basmati white rice to Indonesia through NCEL, with Bulog as the Indonesian counterparty. Officials said the rice will be sourced from the open market rather than government buffer stock.
Global rice prices had firmed slightly from mid-November after falling over 10%.
The government-to-government contract creates a defined export channel for Indian rice, which supports Indian prices but adds supply to global markets and is bearish for rice.
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.