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India's government revised its export policy for non-basmati white rice from prohibited to free, subject to a $490 per tonne minimum export price. The Finance Ministry had cut the export duty on several rice categories from 20% to 10% a day earlier.
The DGFT notification took effect immediately.
Reopening exports of non-basmati white rice adds supply to world markets and typically weighs on prices. The minimum export price limits downside but still allows significant overseas sales.
indianexpress.comExpress News Service2024. 9. 28.
reuters.comMayank Bhardwaj, Sethuraman R, Rajendra Jadhav2024. 10. 1.과거 하락 정책 이벤트 100건 이후, 조곡(벼)은 5거래일 동안 중앙값 -0.1% 변동(상승 49%; 중간 50% 범위 -1.7%~+1.6%), 20거래일 동안 +0.1%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
The DGFT policy change from prohibited to free exports took effect immediately, which increases exportable Indian supply and triggered the selloff.
