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The Indian government is considering lifting restrictions on rice exports due to large surplus stocks and a forecast above-normal monsoon. A final decision is expected after assessing kharif paddy sowing progress, which begins in June-July.
Potential easing of Indian rice export curbs would add supply to the world market, which is bearish for rice prices, though the decision is still pending.
knnindia.co.inKnn India - Knowledge & News Network1 Jun 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.
