India trade official says India may consider duty cuts and regulate exports if needed to ensure domestic product availability; industrial LNG use has been reinstated to 80%

India's potential move to cut duties and regulate exports highlights its focus on maintaining domestic product availability amid rising global commodity pressures. This may impact trade flows, particularly in LNG, and could influence pricing dynamics in the region, with broader implications for currencies, especially as the market navigates trade balances in relation to USD and other currencies.