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A Pakistani business leader says surplus wheat stocks held by provinces and the federal government have reached a record 9 million tonnes, with half stored in the open. He says exports remain uneconomic because international prices are about half of local prices.
He calls for a new export policy and reduced wheat acreage.
Large unsold domestic stocks and weak export economics signal ample wheat supply in South Asia, which is bearish for regional wheat prices. Any policy shift toward exports could eventually add to world supply.
mettisglobal.newsMG News9 Okt 2017Setelah 122 peristiwa kebijakan bearish sebelumnya, Gandum (SRW) bergerak median -0,3% selama 5 sesi (44% lebih tinggi; separuh tengah -1,9% sampai +1,2%), dan +0,4% 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.
