# India extends halt on futures trading in key farm commodities until January | Reuters

> India's SEBI extended its suspension of futures trading in soybean and derivatives, crude palm oil, wheat, paddy rice, chickpeas, green gram and rapeseed until January 31, 2025. The halt covers key farm commodities traded on Indian exchanges.

- Date: 2024-12-19 · published 2024-12-19T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/11559-india-extends-halt-on-futures-trading-in-key-farm-commodities-until-january
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The extended suspension removes an Indian futures venue for these oilseeds and grains, limiting price discovery and speculative flows. Effects on world prices are likely modest but can shift Indian import and crush decisions.

## Read by commodity

- SBO: neutral
- SOY: neutral
- RICE: neutral
- WHEAT: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-22 | [India’s Curb on Futures Trade Threatens Food Supply Chain - The Wire](https://feedsoft.ai/events/43556-india-s-curb-on-futures-trade-threatens-food-supply-chain-the-wire.md) | +3.7% | +9.0% |
| SOY | 2024-01-15 | [EU Deforestation Regulation: considerations for commodities traders - Lexology](https://feedsoft.ai/events/32131-eu-deforestation-regulation-considerations-for-commodities-traders-lexology.md) | +1.5% | -1.1% |
| SOY | 2024-08-06 | [Responsible sourcing of high-risk commodities: The latest](https://feedsoft.ai/events/28801-responsible-sourcing-of-high-risk-commodities-the-latest.md) | -3.1% | -4.5% |
| SOY | 2021-05-28 | [The relationship between the upcoming EU-level initiatives on horizontal mHREDD and on forest-risk commodities - Nova BHRE](https://feedsoft.ai/events/47104-the-relationship-between-the-upcoming-eu-level-initiatives-on-horizontal-mhredd.md) | +3.0% | -13.5% |
| SOY | 2023-03-13 | [Commodity Groups Detail Farm Bill Priorities](https://feedsoft.ai/events/36852-commodity-groups-detail-farm-bill-priorities.md) | -2.4% | -1.7% |
| SBO | 2021-12-22 | [India’s Curb on Futures Trade Threatens Food Supply Chain - The Wire](https://feedsoft.ai/events/43556-india-s-curb-on-futures-trade-threatens-food-supply-chain-the-wire.md) | +2.1% | +5.3% |
| SBO | 2021-06-29 | [Indonesia Revises Palm Oil Export Levy While Safeguarding Biodiesel Funding - Media Biodiesel](https://feedsoft.ai/events/46455-indonesia-revises-palm-oil-export-levy-while-safeguarding-biodiesel-funding.md) | +1.1% | +3.5% |
| SBO | 2019-06-14 | [Biodiesel Industry Rallies on Capitol Hill \| Red River Farm Network](https://feedsoft.ai/events/58474-biodiesel-industry-rallies-on-capitol-hill-red-river-farm-network.md) | +2.0% | +0.3% |

## Sources

- reuters.com: https://www.reuters.com/world/india/india-extends-halt-futures-trading-key-farm-commodities-until-january-2024-12-19/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.