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India has extended by six months, to December 31, 2018, an exemption to its rule requiring methyl bromide fumigation of crop cargoes. The extension allows continued imports of pulses and wheat.
India has also imposed tariffs on Canadian peas, lentils and chickpeas.
Keeping the fumigation exemption eases import logistics for wheat and pulses, supporting continued trade flows into India.
grainews.caReuters, GFM Network NewsJun 29, 2018After 137 past neutral policy events, Wheat (SRW) moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), and +0.3% 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.
