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India is considering lifting some rice export restrictions because domestic prices are stable and government stockpiles are adequate, according to a source. The curbs cover about 60% of Indian rice exports, including a 20% duty and a ban on broken rice sales.
The Rice Exporters Association plans to request approval to ship at least 1 million tonnes of broken rice.
Relaxing India's curbs would add supply to the world market, which should cool Asian benchmark rice prices that are near their highest since mid-2021.
business-standard.comPratik Parija, Bloomberg9 Jan 2023Setelah 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.
