Loading…
Indian trade official Santosh Kumar Sarangi said the government will decide on lifting the wheat export ban around the March-April harvest. The decision will depend on a review of the gap between domestic wheat demand and supply.
The ban has been in place since May 2022.
The timing of a possible reopening of Indian wheat exports will shape world wheat supply expectations for the coming season, but no change has been made yet.
thehindu.comPTIJan 12, 2023After 137 past neutral policy events, Wheat (SRW) moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), and +0.3% 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.
