
Bloomberg reports that the USDA expects India to ship a record 7 million tonnes of wheat in 2021-22, more than double the prior season. Surging prices among major exporters and Russian export restrictions have made Indian supply more attractive.
Cargoes are gaining ground in nearby markets such as Bangladesh.
A record Indian export pace adds competing supply in Asian markets, but it also reflects tight global wheat demand that supports prices. Buyers are substituting Indian wheat for disrupted origins.
Setelah 769 peristiwa laporan bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (53% lebih tinggi; separuh tengah -1,4% sampai +2,0%), dan +0,2% 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.