# Exclusive: India asks traders to avoid buying new-season wheat to shore up state stocks

> India has asked global and domestic trade houses to avoid buying new-season wheat in order to rebuild state stocks. The country banned wheat exports in 2022 and aims to bolster supplies after dry weather hurt output in 2022 and 2023.

- Date: 2024-04-02 · published 2024-04-02T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/30689-exclusive-india-asks-traders-to-avoid-buying-new-season-wheat-to-shore-up-state
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A request to avoid buying new-crop wheat keeps Indian import demand out of the market and reinforces export restrictions, which weighs on international wheat price strength.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-08-24 | [India lifts wheat export curbs, shifts to free trade after four years \| Today News](https://feedsoft.ai/events/17880-india-lifts-wheat-export-curbs-shifts-to-free-trade-after-four-years-today-news.md) | -0.4% | +2.1% |
| WHEAT | 2026-01-30 | [Govt likely to consider allowing export of wheat \| India News - The Times of India](https://feedsoft.ai/events/21011-govt-likely-to-consider-allowing-export-of-wheat-india-news-the-times-of-india.md) | -0.3% | +3.1% |
| WHEAT | 2026-02-25 | [India permits 25 lakh tonnes wheat export; FCI stocks at 182 lakh tonnes - The HinduBusinessLine](https://feedsoft.ai/events/20577-india-permits-25-lakh-tonnes-wheat-export-fci-stocks-at-182-lakh-tonnes-the.md) | +0.6% | +0.7% |
| WHEAT | 2026-02-13 | [India Relaxes Wheat Export Curbs to Appease Protesting Farmers - Bloomberg](https://feedsoft.ai/events/20582-india-relaxes-wheat-export-curbs-to-appease-protesting-farmers-bloomberg.md) | +0.9% | +4.0% |
| WHEAT | 2026-08-24 | [India Lifts Wheat Export Ban in Boost to War-Hit World Trade - Bloomberg](https://feedsoft.ai/events/17879-india-lifts-wheat-export-ban-in-boost-to-war-hit-world-trade-bloomberg.md) | -0.4% | +2.1% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/india-asks-traders-avoid-buying-new-season-wheat-shore-up-state-stocks-2024-04-02/

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