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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年9月28日
reuters.comMayank Bhardwaj, Sethuraman R, Rajendra Jadhav2024年10月1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。
The DGFT policy change from prohibited to free exports took effect immediately, which increases exportable Indian supply and triggered the selloff.
