
On July 20, India announced an immediate ban on exports of non-basmati rice to calm domestic prices, which had risen more than 30% since October 2022. The ban covers an estimated 75-80% of Indian exports, and India supplies about 40% of global rice exports.
India's ban removes a large share of world rice supply, which is likely to push global rice prices sharply higher and could raise feed and food costs in importing countries. Lower Indian exports would also tighten the rice market for buyers worldwide.
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.