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India's government imposed a 10 per cent basic customs duty on wheat and tur dal with immediate effect. The duty reverses the December 2016 cut to zero that had been made to boost domestic supply.
The government estimated the revenue impact at about Rs 840 crore at current import levels.
The duty directly reduces India's wheat imports during its harvest, weakening import demand from a major buyer and putting downward pressure on world wheat prices. It also supports Indian farm-gate prices that had dropped below the minimum support price.
deccanchronicle.comDC Correspondent2017年3月28日在过去 122 次看跌的政策事件之后，小麦(SRW) 在 5 个交易日内中位数变动 -0.3%（44% 上涨；中间一半区间为 -1.9% 至 +1.2%），20 个交易日内为 +0.4%。
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。
