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India's food ministry expects central wheat stocks to fall to about 7.7-7.8 million tonnes by April 1, close to the 7.4 million tonne buffer and a 16-year low. The government has sold about 8 million tonnes in the open market to curb prices and asked states to prepare for early procurement, after procurement fell well short of targets.
Heavy Indian state selling and low stocks reduce the country's cushion and may lead to larger import demand or early procurement that tightens domestic supply, supporting wheat prices.
ukragroconsult.com20 feb 2024Tras 182 eventos alcista de política pasados, Trigo (SRW) se movió una mediana de +0,1 % en 5 sesiones (52% al alza; mitad central entre -1,9 % y +1,4 %), y -0,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
