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India's rice stocks have reached a record high, according to the report. Wheat stocks were also reported at 22.3 million tons as of Dec.
1, and Indian wheat prices have hit a record on strong demand and delayed government stock releases. The government removed export curbs on all rice grades except broken rice after a bumper crop was expected.
Larger rice stocks let India export more without threatening domestic supply, adding competing supply to world rice markets and pressuring prices for other exporters.
reuters.comMayank Bhardwaj13 dec 2024Na 87 eerdere neerwaarts rapport-gebeurtenissen bewoog Padierijst zich mediaan +0,0% over 5 sessies (53% hoger; middelste helft -2,1% tot +2,4%), en +1,1% 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.
