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The Indian Cabinet approved a plan to export 1 million tonnes of non-basmati white rice to Indonesia through NCEL, with Bulog as the Indonesian counterparty. Officials said the rice will be sourced from the open market rather than government buffer stock.
Global rice prices had firmed slightly from mid-November after falling over 10%.
The government-to-government contract creates a defined export channel for Indian rice, which supports Indian prices but adds supply to global markets and is bearish for rice.
thehindubusinessline.comPrabhudatta Mishra1 jan 2025Na 141 eerdere neerwaarts handel-gebeurtenissen bewoog Padierijst zich mediaan +0,6% over 5 sessies (57% hoger; middelste helft -2,3% tot +2,4%), en -0,6% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
