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India scrapped its export tax on parboiled rice by official order on Tuesday, after inventories surged and a bumper crop was expected following copious monsoon rains. The move follows a September cut in the duty from 20% to 10% and a floor price on non-basmati white rice exports.
Removing the duty lets India, the world's largest rice exporter, sell more parboiled rice abroad, adding supply to a market that is already soft and pressuring global rice prices lower.
reuters.comRajendra Jadhav22 Okt 2024Setelah 100 peristiwa kebijakan bearish sebelumnya, Gabah bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -1,7% sampai +1,6%), dan +0,1% 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.
