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Commerce Minister Suresh Prabhu, who took charge on September 4, said his ministry will soon bring a policy framework to improve Indian farm access to global markets. He also called for removing trade restrictions and a special safeguard mechanism for developing countries.
A forthcoming export policy could expand India's farm trade over time, but it is an early announcement without immediate supply or price effects.
asianage.comDC CorrespondentSep 5, 2017After 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.
