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India has restricted exports of wheat products including flour, wholemeal atta and semolina from July 12. Exporters must now get prior approval from an inter-ministerial committee, after traders were found exporting these products to get around the May wheat export ban.
The curbs close a route that had let wheat-based supply reach overseas buyers, tightening global wheat product availability and supporting wheat prices.
hindustantimes.comZia HaqJul 7, 2022After 182 past bullish policy events, WHEAT moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), 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.
