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India allowed exports of multigrain and fortified whole wheat atta under advance authorisation, provided the product has at least 80% whole wheat flour and other ingredients are domestically sourced. Millers may import wheat for re-export under the scheme.
Wheat and wheat product exports otherwise remain banned.
The change is a narrow exception that adds only small volumes of processed wheat product, so its effect on global wheat prices is minimal.
thehindubusinessline.comBL Bengaluru BureauMar 24, 2023After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
