# Ban on onion exports, curbs on wheat stocks as govt. battles rising food prices | Mint

> India banned onion exports until March and sharply lowered stock limits for wheat wholesalers, retailers and processors. The government aims to curb rising food prices before the general election.

- Date: 2023-12-08 · published 2023-12-08T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/32650-ban-on-onion-exports-curbs-on-wheat-stocks-as-govt-battles-rising-food-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Wheat stock limits and onion export bans signal further Indian intervention that can tighten global supply and lift prices for importers.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-05-24 | [Ban on wheat exports, curbs on rice shipments to stay](https://feedsoft.ai/events/35894-ban-on-wheat-exports-curbs-on-rice-shipments-to-stay.md) | -2.4% | -2.7% |
| WHEAT | 2024-01-13 | [Govt not considering any proposal to lift export curbs on wheat, rice, sugar \| Mint](https://feedsoft.ai/events/32110-govt-not-considering-any-proposal-to-lift-export-curbs-on-wheat-rice-sugar-mint.md) | +0.9% | -1.1% |
| WHEAT | 2022-08-28 | [Exports of more wheat-related products banned; rice prices stable \| Mint](https://feedsoft.ai/events/39993-exports-of-more-wheat-related-products-banned-rice-prices-stable-mint.md) | +0.5% | +4.4% |
| WHEAT | 2021-01-27 | [Analysts weigh up wheat price expectations, following Russian export curbs](https://feedsoft.ai/events/49197-analysts-weigh-up-wheat-price-expectations-following-russian-export-curbs.md) | -10.0% | -0.5% |
| WHEAT | 2022-05-16 | [India bans wheat exports as heat wave hurts crop, domestic prices soar \| Reuters](https://feedsoft.ai/events/41364-india-bans-wheat-exports-as-heat-wave-hurts-crop-domestic-prices-soar-reuters.md) | +4.0% | -0.3% |

## Sources

- livemint.com: https://www.livemint.com/economy/ban-on-onion-exports-curbs-on-wheat-stocks-as-govt-battles-rising-food-prices-11702034312936.html

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