Tag: kharif rice outlook
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Indian rice stocks remain elevated despite ethanol diversion; storage pressure continues to build
Rice stocks remain above 13.5 mnt buffer norm Moderate offtake, sluggish exports limiting surplus absorption India’s rice stock position is supported by rising production estimates, slower export momentum, and increasing accumulation in both government and private channels. As per estimates, government-held rice stocks stood near 38–39 million metric tonnes (mnt) in May 2026, almost similar…