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Australia, Canada, the US and Russia again questioned India's pulse import quotas at a WTO meeting, asking India to justify the temporary restrictions. Questions were also raised on India's sugar exports, dairy loans, rice exports and wheat procurement prices.
WTO pressure could eventually force India to ease pulse quotas, but no immediate change in grain or oilseed prices is implied.
thehindubusinessline.comAmiti SenOct 29, 2019After 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.
