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Industry officials expect India's 2020 rice exports to rise about 42% to a record 14 million tonnes, up from 9.9 million tonnes in 2019. The increase is attributed to drought-reduced shipments from Thailand and lower Vietnamese output in the Mekong Delta, along with a weaker rupee.
Indian stockpiles are also large.
Higher Indian shipments fill the gap left by Thai and Vietnamese shortfalls and could cap global rice prices. Large Indian inventories also reduce state purchases from farmers.
business-standard.comReuters7 Okt 2020Setelah 27 peristiwa cuaca bearish sebelumnya, Gabah bergerak median -1,6% selama 5 sesi (37% lebih tinggi; separuh tengah -3,4% sampai +1,1%), dan -1,3% 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.
