
Public wheat stocks in India on September 1 were at a six-year low, and sugar carryover stocks are the lowest in five years. Rice production is uncertain because of deficient monsoon rain in the Gangetic plains and a new plant virus in Punjab and Haryana.
The piece argues for lifting export curbs on rice, wheat and sugar as soon as possible.
If India lifts its export curbs, global rice and wheat supply would loosen and prices could ease. Low domestic stocks and the crop uncertainty make an early reversal unlikely.
Setelah 100 peristiwa kebijakan netral sebelumnya, Gabah bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -2,6% sampai +2,3%), dan +0,7% selama 20 sesi.
Setelah 137 peristiwa kebijakan netral sebelumnya, Gandum (SRW) bergerak median -0,4% selama 5 sesi (43% lebih tinggi; separuh tengah -1,9% sampai +1,2%), 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.