
India's food ministry has proposed lifting the export ban on wheat products, suggesting up to 1 million tonnes be allowed. The proposal comes as CPI inflation hit a record low of 0.3% and wholesale wheat prices fell about 12% year on year, with the FCI holding about 30.5 MT of wheat.
Surplus Indian wheat and a possible reopening of product exports would add some export demand, which is supportive for wheat. Weak domestic prices, however, limit how much Indian export demand can lift global prices.
Setelah 182 peristiwa kebijakan bullish sebelumnya, Gandum (SRW) bergerak median +0,1% selama 5 sesi (52% lebih tinggi; separuh tengah -1,9% sampai +1,4%), dan -0,3% 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.