
India's government is discussing a cut to the reserve sale price of broken rice offered to grain-based distilleries for ethanol production. Broken rice allocated at Rs 28/kg under the open market sale scheme has found no buyers because the price is seen as financially unviable.
FCI and agencies hold 28 million tonnes of rice stocks, well above the January buffer of 7.61 million tonnes.
Large state rice stocks and a possible lower reserve price could widen the use of rice in ethanol and reduce pressure on maize as an ethanol feedstock. Lower prices in the domestic rice complex are the likely result.
在过去 100 次看跌的政策事件之后,RICE 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%。
在过去 318 次看涨的政策事件之后,CORN 在 5 个交易日内中位数变动 -0.1%(48% 上涨;中间一半区间为 -1.4% 至 +1.5%),20 个交易日内为 -0.2%。
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。