Loading…
India has imposed limits on wheat stocks and may turn to imports if needed. Officials say there is no proposal to lift the 2022 wheat export ban or the curbs on sugar and rice exports.
A possible return to Indian wheat imports would add import demand and support world wheat prices. Continued export bans keep Indian grain off the global market.
reuters.comMayank BhardwajJun 24, 2024After 137 past neutral policy events, Wheat (SRW) moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), and +0.3% over 20.
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.
