for the World's
Agriculture Industry
Since 1988
For full site access
Lost Password?
Customer Center
Trade Directory
Special Crops
Beans
Lentils
Peas
Chickpeas
Birdseed
Mustard & Other
Spices & Herbs
Dried Fruit & Nuts
Supply-Demand
The rest of Agriculture
Bio-Energy
Commentary
Grain
Oilseed
Livestock
Poultry
Cotton & Wool
Fresh Fruit & Vegetables
Dried Fruit & Nuts
Dairy
Technology
General
Organic
Just for Growers
Cash Markets
Futures Markets
Weather
Price Graphs
Export Data
Supply-Demand
Subscribe Today!
Privacy Policy
Subscriber Agreement
Ag Links
Affiliates
Add Headlines!
To your website!
India's Tender Lifts Market Psychology
CHICAGO - May 9/06 - SNS -- The world's wheat markets were given a boost as details of the latest import tender by India became available as that country performs a dramatic conversion from being a net exporter last year to a net wheat importer this year.
India's change in trading status comes at the same time as China looks to be converting from being a net corn exporter to a net importer in the coming year. Both events have changed the trading outlook for the coming months.
Interestingly, India is buying to replenish government stocks, with the result local traders and end users will not see the wheat unless government stocks are released. This has caused some market watchers to speculate the country will allow private imports if prices on local markets get too strong.
Subscribers can read the full text of the article by Clicking here
|
Subcribers get complete access to all articles and special sections on the STATpub website. To subscribe just click on Subscribe Now! Add AgMarket News headlines Use of Information Copyright © 1988-2008 STAT Communications Ltd., Canada. All Rights Reserved. This information may not be republished in part of in full in any form whatsoever without the prior written consent of STAT Communications Ltd. The article on this page may not be harvested and reprinted on any website. However, we encourage links back to this or any other public article on our website. Disclaimer The information in this article is provided without any warranty of any kind whatsoever. By accessing this service, you agree that STAT Communications Ltd. will not be liable for any expenses, losses or costs that may be incurred by the interpretation and use of the information in this website, nor as a result of the information on this site being inaccurate or incomplete in any way. |