
India has restricted or banned exports of onions, wheat, rice, sugar and pulses ahead of the first phase of national elections on April 19, 2024. Food inflation rose to 8.66 percent in February while FAO's global food price index fell 7.7 percent year on year in March.
The broad set of Indian export curbs on staples limits global supply and supports international grain prices, though the reported global food index decline points to softer overall food price pressure.
Setelah 168 peristiwa kebijakan bullish sebelumnya, Gabah bergerak median +0,8% selama 5 sesi (57% lebih tinggi; separuh tengah -1,7% sampai +2,1%), dan -0,4% selama 20 sesi.
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.
India's export bans and restrictions on rice ahead of elections limit global supply and support international rice prices.
India's export bans and restrictions on rice and other foods ahead of elections constrain global supply and support international rice prices.