
Ajay Goyal, chairman of the Wheat Products Promotion Society, said India is heading for one of its biggest wheat surpluses, with a potential record 117 million tonne crop and government stocks likely above 50 million tonnes by June 1. He said this makes a review of the wheat export ban almost unavoidable next year.
Rabi sowing is reportedly 10-15 days early, with acreage seen up 3-4%.
A large Indian surplus and a possible easing of export curbs would add supply to world wheat markets and pressure international prices. Domestic procurement and private trade would also shift.
Setelah 122 peristiwa kebijakan bearish sebelumnya, Gandum (SRW) bergerak median -0,3% selama 5 sesi (44% lebih tinggi; separuh tengah -1,9% sampai +1,2%), dan +0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.