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GRU - Why Decreased Inventories Could Lead To High Rough Rice Prices
AB Svensk Ekportkredit ELEMENTS Linked to the MLCX Grains Index - Total Return
Thesis
The fiscal year 2018/2019 has witnessed an increased supply of the rough rice. According to the United States Department of Agriculture (USDA) the global production of grain rice in the month of October (2019) is slated for a significant increase. The rice trade has also remained constant from August 2019 with Indonesia having an increased import rate. Egypt has in turn lowered its import in 2018/2019 indicating an increased domestic production despite the reduced exports from Brazil. In this article, I will explain why I am bullish on taking a long position on rough