Memuat…
The Indian government is discussing a plan to ban exports of all non-Basmati rice, according to people familiar with the matter. The move is being considered because domestic rice prices are rising and authorities want to avoid more inflation.
A ban on non-Basmati exports would remove a large share of global rice supply and push international prices sharply higher. Feed buyers using rice byproducts or substitutes would face higher costs.
bloomberg.comSiddhartha Singh, Pratik Parija13 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.
Reports of a possible Indian ban on non-Basmati rice exports signal a major trade-flow disruption and tighter global supply, though a price drop of this size is the opposite of the expected rally and suggests the move may be a contract or data artifact.
Reports on 2023-07-13 that India may ban most non-Basmati rice exports bear directly on global rice supply, but a ban would normally push prices up, so it does not explain a 13% drop and may have only influenced volatility.
Reports of a possible Indian ban on non-Basmati rice exports on 2023-07-13 are a major trade-flow shock, but they would normally push prices up rather than cause a 20% drop, so this is only a partial and uncertain explanation (e.g. a reversal after a prior spike, or contract roll or liquidity effects).
Report on 2023-07-13 that India is weighing a ban on non-Basmati rice exports is a major potential supply shock, though a drop of 6.22% is counterintuitive and suggests profit-taking or sentiment reversal in Chicago rough rice.
