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India's cabinet committee on economic affairs approved removing quantitative ceilings on organic agricultural and processed products. Exports of organic goods are now unrestricted regardless of any restriction on their non-organic basic product.
Ceilings on organic pulses and lentils remain, though the limit was raised from 10,000 to 50,000 tonnes.
Removing the ceilings on non-organic wheat and non-basmati rice removes a barrier to Indian exports, which adds supply to world markets and is mildly bearish for rice prices. The effect on feed-grade commodities is likely small because the change mainly targets certified organic products.
indianexpress.comArnab Mitra31 mrt 2017Na 100 eerdere neerwaarts beleid-gebeurtenissen bewoog Padierijst zich mediaan -0,1% over 5 sessies (49% hoger; middelste helft -1,7% tot +1,6%), en +0,1% 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.
