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India's 91 main reservoirs held 103.43 billion cubic metres on September 28, 13% below the 10-year average and 66% of capacity versus 74% a year earlier. The monsoon was below normal, with 17% of the country receiving insufficient rain.
Rabi crops including wheat, pulses and mustard are at risk and may be sown on a smaller area.
Lower reservoir levels reduce irrigation for the winter wheat crop and raise the risk of smaller output and higher domestic prices. Speculative buying could amplify the move.
business-standard.comPratik Parija4 oct 2017Tras 1072 eventos alcista de clima pasados, Trigo (SRW) se movió una mediana de +0,2 % en 5 sesiones (55% al alza; mitad central entre -1,4 % y +2,3 %), 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.
