# India imposes wheat stock limit to arrest price rise

> India has imposed a stock limit on wheat to curb price rises, its first such limit in 15 years. The country banned wheat exports in May 2022 after heat clipped output and export demand rose amid the Russia-Ukraine conflict.

- Date: 2023-06-12 · published 2023-06-12T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/35453-india-imposes-wheat-stock-limit-to-arrest-price-rise
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stockholding caps aim to restrain domestic prices and signal tight Indian supply, supporting world wheat prices while reducing hoarding-driven demand.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-08-15 | [Why India is trying to tame rising wheat prices](https://feedsoft.ai/events/34534-why-india-is-trying-to-tame-rising-wheat-prices.md) | -2.3% | -4.9% |
| WHEAT | 2022-08-26 | [India restricts wheat flour exports to bring down record prices \| Reuters](https://feedsoft.ai/events/39987-india-restricts-wheat-flour-exports-to-bring-down-record-prices-reuters.md) | +0.4% | +5.3% |
| WHEAT | 2023-02-12 | [India likely to continue curbs on wheat, rice exports \| India News](https://feedsoft.ai/events/37311-india-likely-to-continue-curbs-on-wheat-rice-exports-india-news.md) | -3.2% | -9.2% |
| WHEAT | 2024-02-20 | [India: Wheat stocks to drop to 16-year low, Centre asks states to prepare for early procurement](https://feedsoft.ai/events/31611-india-wheat-stocks-to-drop-to-16-year-low-centre-asks-states-to-prepare-for.md) | -3.5% | -4.2% |
| WHEAT | 2022-09-22 | [India defends its decision to ban rice, wheat exports at WTO - The Hindu](https://feedsoft.ai/events/39558-india-defends-its-decision-to-ban-rice-wheat-exports-at-wto-the-hindu.md) | -0.2% | -10.7% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/india-imposes-wheat-stock-limit-arrest-price-rise-2023-06-12/

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