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India's central cabinet has lifted the ban on exports of all types of pulses, after earlier allowing exports of tur, urad and moong dal in September. The Committee of Secretaries on pulses was also empowered to review export and import policy, including quantitative restrictions and import duties.
Allowing exports gives Indian pulse farmers an outlet for surplus crop, which can support domestic prices and trade flows. Pulses are not in the tracked symbol list, so the direct effect on tracked feed commodities is limited.
thehindubusinessline.comThe HinduBusinessLineNov 16, 2017After 468 past policy events, 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 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.
