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India prohibited exports of non-basmati white rice with immediate effect after a late monsoon start hurt the crop and raised fears of a production shortfall. The ban follows an earlier curb on rice shipments in September 2022.
The article explains India's importance to global rice trade, which exceeded 55 million tons in 2022.
With India accounting for over 40% of world rice exports, the ban removes a large share of available supply and points to higher global rice prices and import costs for feed and food buyers.
reuters.comRajendra Jadhav20 Jul 2023Setelah 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.
