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India's Food Minister Ram Vilas Paswan said the government is considering reimposing an import duty on wheat to protect farmers. He noted that duty was removed in December after a hailstorm had cut output.
He said the record 2016-17 crop of 96.64 million tonnes and 6.5 million tonnes of stock make a decision likely soon.
A reimposed duty would cut India's wheat imports, reducing demand on the world market and pressuring export prices. Domestic Indian prices would firm relative to world prices.
ndtv.comPress Trust of India23 mar 2017Tras 122 eventos bajista de política pasados, Trigo (SRW) se movió una mediana de -0,3 % en 5 sesiones (44% al alza; mitad central entre -1,9 % y +1,2 %), y +0,4 % 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.
