
India's FCI has bought 38.83 million tonnes of wheat this season, 4.7 million tonnes more than last year, and officials expect purchases of 40.5 to 41 million tonnes. Guaranteed prices sit about $35 a tonne above world levels, which has blocked Indian wheat exports.
Record Indian state procurement removes wheat from the market and keeps Indian export supply out of world trade, supporting global wheat prices. Storage limits could eventually force surplus disposal, a bearish risk later.
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.