
India's cabinet committee on economic affairs approved removing quantitative ceilings on organic agricultural and processed products. Exports of organic goods are now unrestricted regardless of any restriction on their non-organic basic product.
Ceilings on organic pulses and lentils remain, though the limit was raised from 10,000 to 50,000 tonnes.
Removing the ceilings on non-organic wheat and non-basmati rice removes a barrier to Indian exports, which adds supply to world markets and is mildly bearish for rice prices. The effect on feed-grade commodities is likely small because the change mainly targets certified organic products.
Nach 100 vergangenen Ereignisse (bearisch, Politik) bewegte sich RICE im Median über 5 Handelstage um -0,1 % (49% höher; mittlere Hälfte -1,7 % bis +1,6 %) und über 20 Handelstage um +0,1 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.