# India imposes limits on wheat stocks, may turn to imports if required

> India has imposed limits on wheat stocks and may turn to imports if needed. Officials say there is no proposal to lift the 2022 wheat export ban or the curbs on sugar and rice exports.

- Date: 2024-06-24 · published 2024-06-24T12:00:00.000Z
- Category: policy · region India · magnitude high
- Page: https://feedsoft.ai/events/29726-india-imposes-limits-on-wheat-stocks-may-turn-to-imports-if-required
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A possible return to Indian wheat imports would add import demand and support world wheat prices. Continued export bans keep Indian grain off the global market.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-06-15 | [Express View on stockholding limits on wheat: Cap doesn’t fit \| The Indian Express](https://feedsoft.ai/events/35455-express-view-on-stockholding-limits-on-wheat-cap-doesn-t-fit-the-indian-express.md) | +4.2% | +0.3% |
| WHEAT | 2022-09-16 | [Why low stocks of rice, wheat and sugar shouldn’t push India to curb exports \| The Indian Express](https://feedsoft.ai/events/39563-why-low-stocks-of-rice-wheat-and-sugar-shouldn-t-push-india-to-curb-exports-the.md) | +5.9% | -8.9% |
| WHEAT | 2024-06-24 | [Centre imposes stock holding limit on wheat; says no shortage anywhere \| Agriculture - Business Standard](https://feedsoft.ai/events/29725-centre-imposes-stock-holding-limit-on-wheat-says-no-shortage-anywhere.md) | -6.8% | -2.9% |
| WHEAT | 2021-09-15 | [WTO: India’s interest in promoting wheat, rice exports may clash with G-33 proposal on MSP - The HinduBusinessLine](https://feedsoft.ai/events/45017-wto-india-s-interest-in-promoting-wheat-rice-exports-may-clash-with-g-33.md) | -3.8% | +4.6% |
| WHEAT | 2022-10-18 | [India has sufficient stocks of grains, could sell wheat in open market](https://feedsoft.ai/events/39078-india-has-sufficient-stocks-of-grains-could-sell-wheat-in-open-market.md) | -0.7% | +1.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/india-imposes-limits-wheat-stocks-may-turn-imports-if-required-2024-06-24/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.