
India lifted its ban on non-basmati white rice exports on September 28, 2024, and imposed a minimum export price of $490 per tonne. The change follows a 20% export duty cut the previous day.
Indian officials cited higher sowing, a normal crop and well-stocked central pool.
Ending the export ban returns a large volume of white rice to global trade, adding supply to a market that had been tight. The $490 floor limits how far prices can fall, but the added supply is bearish.
過去の弱気な政策イベント100件の後、籾米 は5営業日で中央値 -0.1% 動き(49% が上昇。中央50%は -1.7% から +1.6%)、20営業日では +0.1% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
Explains the Sept 28 lifting of the export ban on non-basmati white rice and the duty cut, which signals a significant increase in global export supply and bearish pressure on prices.