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India's government issued a press release describing its comprehensive Agriculture Export Policy, including goals to diversify export destinations and boost value-added and perishable exports. It also outlines existing export promotion schemes run by the commerce department and commodity export boards.
The release restates policy objectives without new trade restrictions or volumes, so it has limited direct price impact. It signals intent to expand Indian farm exports over time.
pib.gov.inDec 12, 2018After 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.
