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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.
indianexpress.comHarikishan Sharma2024年9月29日在过去 100 次看跌的政策事件之后，稻谷 在 5 个交易日内中位数变动 -0.1%（49% 上涨；中间一半区间为 -1.7% 至 +1.6%），20 个交易日内为 +0.1%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
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.
