bullish

The Commodity Report #68

205 Views13 Sep 2022 08:06
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SUMMARY
  • India, the world’s biggest rice shipper, restricted exports of key varieties that mainly go toward feeding Asia and Africa.
  • India imposed a 20% duty on a variety of rice varieties. Keep in mind that Asia is producing and consuming about 90% of the global supply.
  • India alone is the world’s most important exporter with a share of 40%.
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