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India's 91 main reservoirs held 103.43 billion cubic metres on September 28, 13% below the 10-year average and 66% of capacity versus 74% a year earlier. The monsoon was below normal, with 17% of the country receiving insufficient rain.
Rabi crops including wheat, pulses and mustard are at risk and may be sown on a smaller area.
Lower reservoir levels reduce irrigation for the winter wheat crop and raise the risk of smaller output and higher domestic prices. Speculative buying could amplify the move.
在过去 1,072 次看涨的天气事件之后,小麦(SRW) 在 5 个交易日内中位数变动 +0.2%(55% 上涨;中间一半区间为 -1.4% 至 +2.3%),20 个交易日内为 +0.3%。
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。