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India's agriculture ministry asked that milk be added to the Rs 35 billion Price Stabilisation Fund so states and milk unions can buy fresh milk and convert it into skimmed milk powder and ghee. The move follows a sharp fall in procurement prices driven by weak global markets and flush-season oversupply.
Government-backed purchases would absorb surplus milk and support farmgate prices during the flush season. Most of the central fund has already been spent, which may limit how much buying actually happens.
business-standard.comSanjeeb Mukherjee5 jan 2018Na 17 eerdere opwaarts beleid-gebeurtenissen bewoog Melk (Class III) zich mediaan -0,6% over 5 sessies (29% hoger; middelste helft -1,6% tot +0,2%), en -3,0% 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.
