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An opinion piece argues that India's agricultural exports have stayed in the $35-40 billion range since 2014-15 and that the Commerce Ministry's export promotion has been unstable. It notes that export gains have partly reflected a falling rupee rather than strategy.
The analysis suggests India's export expansion may stay limited, so its rice and oilmeal shipments are unlikely to change world prices much.
thehindubusinessline.comThe HinduBusinessLineNov 19, 2018After 442 past trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.3%), and +0.6% over 20.
After 1,079 past trade events, Wheat (SRW) moved a median -0.0% over 5 sessions (49% higher; middle half -1.6% to +1.7%), 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.
