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Indian non-basmati rice exports fell 14.56% in FY2019 to 7.534 million tonnes. The decline is attributed to a higher minimum support price for paddy, which made Indian rice uncompetitive against Vietnam, Thailand, Myanmar and Pakistan.
The 5% MEIS export incentive was discontinued on March 25, 2019, and exporters are seeking its renewal.
Lower Indian export volumes reduce supply in the world rice market and tend to support Asian rice prices. If the MEIS incentive is not renewed, further export declines are likely.
grainmart.inGurpreet Singh2019年6月3日在过去 189 次看涨的贸易事件之后，稻谷 在 5 个交易日内中位数变动 +0.2%（52% 上涨；中间一半区间为 -1.7% 至 +2.4%），20 个交易日内为 +1.0%。
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。
