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The Indian Centre banned exports of non-basmati white rice from July 20, 2023, with narrow exemptions for cargo already loaded or berthed. The government said the variety accounts for 25% of national rice exports and that domestic retail prices rose 11.5% over the year.
Exports of this variety had risen even after a 20% export duty was imposed in 2022.
Taking a quarter of India's rice exports off the market reduces global availability and supports higher international rice prices.
thehindu.comThe Hindu Bureau20 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.
