
Indian rice exporters expect 2024 to be a challenging year with policy uncertainty and high local prices. Restrictions, including the ban on non-basmati white rice and a 20% duty on parboiled rice, are expected to remain at least into the first half of 2024.
USDA projects Indian rice output for 2023/24 at 128 million mt, down from 135.5 million mt.
Expected extended restrictions and lower Indian production tighten global rice supply, supporting prices. Buyers should expect continued high rice costs through at least mid-2024.
Setelah 168 peristiwa kebijakan bullish sebelumnya, Gabah bergerak median +0,8% selama 5 sesi (57% lebih tinggi; separuh tengah -1,7% sampai +2,1%), dan -0,4% 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.