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India's government said it will offload 3 million tonnes of wheat through the Open Market Sale Scheme and sales to state governments and cooperatives to cool rising wheat and atta prices. The reply to Parliament also recounted earlier curbs, including the May 2022 wheat export ban and 20% duty on non-basmati rice.
Releasing state stocks adds domestic wheat supply, which should ease Indian flour and wheat prices. Continued export restrictions keep Indian supply out of world markets, which supports international wheat prices.
pib.gov.in10 feb 2023Na 122 eerdere neerwaarts beleid-gebeurtenissen bewoog Tarwe (SRW) zich mediaan -0,3% over 5 sessies (44% hoger; middelste helft -1,9% tot +1,2%), en +0,4% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
