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India's Commerce Ministry circulated a draft Agri Export Policy proposing to end export restrictions such as minimum export prices and export duties on non-essential commodities. Processed and organic products would be exempted from such curbs even if the underlying primary product is restricted.
A stable, less restrictive Indian export regime would make Indian rice, wheat, oilseeds and pulses more predictable for global buyers, possibly easing upward price spikes from sudden export bans.
thehindubusinessline.comOur BureauMar 19, 2018After 100 past bearish policy events, RICE moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.6%), and +0.1% over 20.
After 137 past neutral policy events, WHEAT 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.
