
India restricted rice exports by banning broken rice and imposing a 20% duty on other grades after weak kharif sowing. The Food Secretary said paddy acreage was 3.8 million hectares lower and estimated rice production losses of 10 to 12 million tonnes.
The government said current stocks remain in surplus.
Loss estimates of 10 to 12 million tonnes are large relative to global rice trade, so the curbs tighten world supply. Prices are likely to stay firm while the restrictions remain in place.
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.