India's Food Minister Ram Vilas Paswan said the government is considering reimposing an import duty on wheat to protect farmers. He noted that duty was removed in December after a hailstorm had cut output.
He said the record 2016-17 crop of 96.64 million tonnes and 6.5 million tonnes of stock make a decision likely soon.
A reimposed duty would cut India's wheat imports, reducing demand on the world market and pressuring export prices. Domestic Indian prices would firm relative to world prices.
Setelah 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.