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An Indian official expects agricultural exports to exceed $50 billion in fiscal 2024-25 after non-basmati rice export curbs were relaxed. Rice exports are forecast at 17-18 million tonnes this fiscal year, up from 14-15 million tonnes.
Earlier curbs on rice, wheat and sugar cost exports an estimated $6-7 billion.
Higher Indian rice shipments increase global supply and put downward pressure on rice prices. The forecast also reflects the strength of Indian export demand.
agrospectrumindia.comSuchetana Chaudhuri3 Jan 2025Setelah 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.
