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India's monsoon this year was its wettest in 25 years, and this could lift its 2020 wheat output to a record. Export offers from India are priced above $300 a tonne FOB, while competing origins are available below $250 a tonne.
The dealer comments suggest Indian wheat would struggle to compete in export markets at current prices.
A record Indian wheat crop would add supply to a global market already priced competitively, pressuring wheat export prices. Higher Indian output also reduces import needs in the region.
reuters.comRajendra Jadhav2019年11月29日在过去 334 次看跌的天气事件之后，小麦(SRW) 在 5 个交易日内中位数变动 -0.2%（47% 上涨；中间一半区间为 -1.9% 至 +1.7%），20 个交易日内为 -0.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
