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Pick of BL commodities -April 26, 2026
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Last week, the Indian government decided to allow an additional export of 2.5 million tonnes of wheat. However, it is unlikely to get buyers or stir the global market. The Australian Bureau of Meteorology and the World Meteorological Organization (WMO) are predicting the emergence of drought-bearing El Nino before the middle of this year. Ahead of the kharif sowing season, India’s urea stocks are at a four-year low, even as it has decided to import 2.5 million tonnes of urea at a price 84% highe
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