# India tightens control of agricultural commodities ahead of election – Chin@Strategy

> Indian authorities have stepped up control of sugar, onion and wheat supplies ahead of the 2024 general election. They banned onion exports, restricted sugar use for ethanol and cut wheat stock limits.

- Date: 2023-12-12 · published 2023-12-12T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/32645-india-tightens-control-of-agricultural-commodities-ahead-of-election-chin
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tighter Indian domestic controls and export bans on staples reduce global availability and keep import-dependent markets bid, supporting world grain prices.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-11-29 | [Removal of China’s domestic price trade barriers could increase China’s imports of agricultural commodities - High Plains Journal](https://feedsoft.ai/events/14880-removal-of-china-s-domestic-price-trade-barriers-could-increase-china-s-imports.md) | -9.9% | -2.0% |
| WHEAT | 2022-06-13 | [India will keep tight control over wheat exports](https://feedsoft.ai/events/40906-india-will-keep-tight-control-over-wheat-exports.md) | +1.0% | -6.4% |
| WHEAT | 2024-05-31 | [India supplies only 3.7% of export restricted food commodities to countries committed two years ago \| Mint](https://feedsoft.ai/events/30204-india-supplies-only-3-7-of-export-restricted-food-commodities-to-countries.md) | -5.3% | -10.5% |
| WHEAT | 2021-03-19 | [China looks to cut corn, soymeal content in animal feed \| Feed Strategy](https://feedsoft.ai/events/48099-china-looks-to-cut-corn-soymeal-content-in-animal-feed-feed-strategy.md) | +0.8% | -3.1% |
| WHEAT | 2025-04-29 | [Agricultural potential of the Black Sea region: New opportunities and challenges of the 2025/26](https://feedsoft.ai/events/14213-agricultural-potential-of-the-black-sea-region-new-opportunities-and-challenges.md) | +2.1% | -2.8% |
| RICE | 2019-09-18 | [How Ad Hoc Policies Are Hurting Exports Of Agricultural Products From India](https://feedsoft.ai/events/57015-how-ad-hoc-policies-are-hurting-exports-of-agricultural-products-from-india.md) | -2.2% | -3.2% |
| RICE | 2024-05-31 | [India supplies only 3.7% of export restricted food commodities to countries committed two years ago \| Mint](https://feedsoft.ai/events/30204-india-supplies-only-3-7-of-export-restricted-food-commodities-to-countries.md) | +2.4% | -4.9% |
| RICE | 2023-09-28 | [Export ban on rice is regulation rather than restriction for food security: India to WTO's agriculture committee meet - The Hindu](https://feedsoft.ai/events/34051-export-ban-on-rice-is-regulation-rather-than-restriction-for-food-security.md) | -3.3% | -0.3% |

## Sources

- chinastrategy.org: https://www.chinastrategy.org/2023/12/11/india-tightens-control-of-agricultural-commodities-ahead-of-election/

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