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Analysis finds that Indian government measures such as higher MSP and import duties have failed to keep domestic crop prices up, as large carry-over stocks and production surges keep prices falling. Wheat and chickpea prices have declined despite duty hikes.
Persistent large Indian stocks mean India is unlikely to be a strong import source, keeping pressure on regional prices for grains and pulses.
thehindubusinessline.comMar 11, 2018Not enough comparable past events yet for a historical read.
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.
