
India's rice exports rose 7.4% year on year to 5.13 million tonnes in April-August, led by a 9.4% increase in non-basmati shipments. Basmati exports rose 4% to 1.85 million tonnes.
Non-basmati shipments go mainly to Africa and basmati mainly to the Middle East.
Higher Indian export volumes add supply to the world rice market, which is bearish for global rough rice prices. Strong demand from African buyers, however, limits the downside.
Setelah 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.