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Indian basmati exporters fear lower shipment volumes after the Iranian rial fell sharply against the dollar and Iran imposed its seasonal rice import ban from late July. Iran and Saudi Arabia together account for close to half of India's basmati shipments, and Dubai pesticide norms are also a concern.
Weaker Iranian purchasing power and import bans reduce demand for Indian basmati, which is bearish for rice export prices while Iranian demand remains constrained.
thehindubusinessline.comVishwanath Kulkarni1 Agu 2018Setelah 141 peristiwa perdagangan bearish sebelumnya, Gabah bergerak median +0,6% selama 5 sesi (57% lebih tinggi; separuh tengah -2,3% sampai +2,4%), dan -0,6% 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.
