# World crop trade eyes India as new govt may relax curbs |  Bloomberg News

> Philippine bank economists warn inflation could exceed 8% in November-December, driven by transport fares, electricity rates, wages, high global oil prices and El Niño threats to food supply. The page is a mixed news digest, and the headline's India curbs angle is not developed in the visible text.

- Date: 2026-11-02 · published 2026-11-02T06:14:17.502Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/74991-world-crop-trade-eyes-india-as-new-govt-may-relax-curbs-bloomberg-news
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher Philippine inflation and El Niño food supply risks point to stronger import demand for feed and food commodities, while elevated oil costs raise freight and processing expenses.

## Read by commodity

- WTI: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2016-11-30 | [OPEC Deal Is Bad News for U.S. Gas and Good News for LNG - Bloomberg](https://feedsoft.ai/events/74028-opec-deal-is-bad-news-for-u-s-gas-and-good-news-for-lng-bloomberg.md) | +12.5% | +19.3% |
| WTI | 2023-09-20 | [Goldman Sachs Says Oil’s Going Back to $100 as OPEC+ Cuts - Bloomberg](https://feedsoft.ai/events/34275-goldman-sachs-says-oil-s-going-back-to-100-as-opec-cuts-bloomberg.md) | -0.1% | -5.0% |
| WTI | 2020-11-23 | [Oil Hits March High With Transition Stoking Rally Across Markets - Bloomberg](https://feedsoft.ai/events/50314-oil-hits-march-high-with-transition-stoking-rally-across-markets-bloomberg.md) | +7.6% | +13.6% |
| WTI | 2018-07-07 | [Trade war, oil may keep rupee near record low](https://feedsoft.ai/events/64313-trade-war-oil-may-keep-rupee-near-record-low.md) | -3.7% | -7.2% |
| WTI | 2018-09-13 | [Viewpoint: What can stop India's rupee plunge? - BBC News](https://feedsoft.ai/events/63324-viewpoint-what-can-stop-india-s-rupee-plunge-bbc-news.md) | +1.0% | +4.0% |

## Sources

- businessmirror.com.ph: https://businessmirror.com.ph/2024/06/02/world-crop-trade-eyes-india-as-new-govt-may-relax-curbs/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.