Platts reports Asian rice prices have fallen to multi-month lows after India lifted its ban on non-basmati white rice exports with a $490 per ton minimum export price. Buyers are shifting to competitive origins such as Pakistan, Myanmar and Thailand.
Indian industry expects surplus stocks under OMSS to add further downward pressure.
Reopened Indian supply and a large state rice surplus increase competition among exporters, which is expected to keep global rice prices under pressure.
Setelah 100 peristiwa kebijakan bearish sebelumnya, RICE 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.