
Indian wheat prices rose by more than ₹150 a quintal after the government lifted its four-year ban on wheat and wheat product exports on August 24. Global wheat prices are near three-year highs on Black Sea disruption and lower output, and some traders worry about El Niño affecting the next crop.
Reopened Indian exports can add supply to world markets, but Indian wheat is still about $30 a tonne above other origins, which limits its competitive impact.
After 182 past bullish policy events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.