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Indian kharif harvest is gaining pace, with paddy trading below MSP in some markets and maize above MSP. Soybean has been selling below MSP in some mandis, and the government has raised import duties on edible oils.
Heavy domestic arrivals and below-support prices for paddy and soybean point to soft Indian prices, while the edible oil duty change could support domestic oilseed values.
business-standard.comSanjeeb MukherjeeNov 12, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
