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India's merchandise and services exports fell 13.45% in April-November 2020, and the government outlined measures to boost exports. These include extending the Foreign Trade Policy to March 2021 and launching an agriculture export policy.
Government export incentives could support Indian farm shipments, but the overall effect on grain prices is modest.
pib.gov.inFeb 3, 2021After 468 past policy events, Rough Rice moved a median +0.3% over 5 sessions (53% higher; middle half -2.0% to +2.0%), and +0.1% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% 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.
