
Indian rice traders have stopped signing new export contracts during the nationwide coronavirus lockdown. Labour shortages and logistics disruptions have hampered delivery of existing contracts, and about 500,000 tonnes of rice meant for March-April delivery are stuck at ports or in the pipeline.
India is the world's largest rice exporter, so a halt removes a major supply source. Rivals such as Thailand can fill the gap in the short term, but overall global rice prices are likely to firm.
Setelah 21 peristiwa logistik bullish sebelumnya, Gabah bergerak median -0,5% selama 5 sesi (38% lebih tinggi; separuh tengah -2,0% sampai +1,8%), dan +3,6% 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.