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India's Agriculture Secretary said the government is considering an import duty on wheat as a record 96.64 million tonne crop comes to market. Prices are currently above the minimum support price.
The Food Corporation of India plans large-scale procurement to support farmers.
A possible duty would reduce India's import demand for wheat, which is bearish for world wheat prices. The timing matters because the new crop is entering the market now.
deccanchronicle.comDC Correspondent2017年3月22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。
