
India's government lifted its ban on non-basmati white rice exports with immediate effect, subject to a $490 per tonne minimum export price. The DGFT issued the notification after the Finance Ministry reduced export duties on parboiled and other rice.
Rice exporters' association welcomed the move but questioned the 10% duty on parboiled rice.
Resumed white rice exports from India, the largest exporter, add supply to global markets and put downward pressure on prices. The price floor and remaining duties limit the size of the impact.
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。
India lifted its ban on non-basmati white rice exports on Sept 28 with a $490/t floor, a major supply-side shock that the market priced in when trading resumed, driving the drop ending Oct 1.