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Philippine officials hope that India's lifting of its non-Basmati white rice export ban will ease global rice prices. India has set a minimum export price of $490 per ton, which is significantly below current Vietnamese and Thai export prices.
The ban had been in place since July 2023.
Returning Indian non-Basmati supply adds to global availability, which is expected to pressure world rice prices lower, although the $490 floor limits how far they may fall.
philstar.comJasper Emmanuel Arcalas30 Sep 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.
