Caricamento…
India said it will allow rice cargoes backed by letters of credit issued before September 9 to be shipped overseas, easing curbs imposed on September 8 that banned broken rice exports and added a 20% duty. The move frees roughly 1 million tonnes of rice trapped at ports and follows a notice allowing 600,000 tonnes of unmilled rice to Nepal.
Releasing stranded Indian rice supplies adds export availability to a market where India holds over 40% of global shipments, which pressures Asian export prices lower, though the duty and broader curbs keep the overall supply tight.
thehindu.comReuters1 nov 2022Dopo 100 eventi politica ribassista passati, RICE si è mosso in mediana di -0,1% in 5 sedute (49% in rialzo; metà centrale da -1,7% a +1,6%), e di +0,1% in 20.
Variazioni del benchmark di ciascuna materia prima rispetto all'ultima chiusura prima dell'evento. Le letture storiche raggruppano eventi passati dello stesso tipo; descrivono ciò che è accaduto, non ciò che accadrà. Non è consulenza di investimento.
India easing curbs by releasing about 1 million tonnes of stranded rice cargoes on Nov 1 is a trade-flow change that could move global prices, though it would mostly be bearish for export prices and the direction versus the US rough rice rise is unclear.
