◂ Event Timeline

Nov 5, 2016GEOPOLITICSAfghanistan

Pak exposed again as it blocks wheat to Afghan

Pakistan has not granted overland transit for 1.7 lakh tonnes of Indian wheat bound for Afghanistan, which faces a food crisis. India has taken the matter to the WTO and is exploring routes via Iran.

WHY IT MATTERS

Blocked transit keeps a small volume of Indian wheat out of Afghan demand, with limited effect on global prices. The dispute mainly affects regional trade routes.

AFFECTSWheat (SRW)◆

SOURCE
newindianexpress.comRitu SharmaNov 5, 2016

Price reaction & history

Wheat (SRW)◆neutralSO FAR1d +0.3%5d +1.2%20d +0.3%

After 38 past neutral geopolitics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.6% to +1.5%), and +0.8% over 20.

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May 11, 2017As Russia blocks Ukraine’s trade corridors, focus shifts to Silk Road - May. 11, 2017 | KyivPost-2.4%
Apr 8, 2025Shipbrokers weigh the impact of a Black Sea peace deal on grain exports+1.7%

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.

Wheat (SRW) WHEAT · GP ▸

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