
India's cabinet committee approved an agriculture export policy that keeps shipments of processed and organic farm goods free of restrictions. Major staples including rice, wheat, cotton and sugar are not exempted, and the government will keep reviewing supply and demand before imposing curbs.
The policy targets farm exports of over $60 billion by 2022.
Keeping rice and wheat subject to possible export curbs leaves the risk of sudden Indian export restrictions, which have historically shifted buyers to competitors and can tighten global supply. Buyers should treat Indian rice and wheat export availability as conditional rather than firmly open.
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.