Loading…
India has lifted its ban on pulses exports imposed in 2007, after large harvests and low domestic prices. Kabuli chickpea was previously exempt, and competition from Canada, Australia, Russia and others is intensifying, with export offer prices falling.
Reopened Indian pulse exports add supply into a competitive market already pressured by falling offer prices, which is bearish for global pulse prices; pulses are not among the tracked feed symbols.
thehindubusinessline.comThe HinduBusinessLineFeb 28, 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.
