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The Indian government banned onion exports on 14 September and eased onion import norms from 21 October. It cut potato import duty from 30% to 10% and approved a 1 million tonne potato import plan.
Pulses measures include extended tur import deadlines and buffer-stock sales as retail inflation hit 7.34%.
These measures aim to lower domestic food prices and do not directly move major grain or feed prices. They signal the government will intervene in food markets when inflation rises.
livemint.comAsit Ranjan MishraOct 30, 2020After 468 past policy events, 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 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.
