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About 800,000 tonnes of Black Sea wheat is expected to reach India in September and October as millers build reserves ahead of tight domestic supplies. Most deals were reported at $200-210 a tonne C&F.
Indian import demand from the Black Sea supports wheat export flows and prices, although the volume is modest relative to global trade.
business-standard.comReutersSep 7, 2017After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% 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.
