# India may export record 6.5 million tonnes of wheat this fiscal - The HinduBusinessLine

> India's wheat exports are forecast to reach a record 6.5-7 million tonnes this fiscal, supported by strong South and Southeast Asian demand. About 4.5 mt had been shipped by December, and Indian wheat was offered at $300-305 a tonne.

- Date: 2022-01-26 · published 2022-01-26T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/43118-india-may-export-record-6-5-million-tonnes-of-wheat-this-fiscal-the
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Larger Indian wheat exports at competitive prices add supply to Asian import markets and cap prices for rival origins such as Australia and the Black Sea.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-02-27 | [Russia could still export 4-5 million tons of wheat](https://feedsoft.ai/events/60447-russia-could-still-export-4-5-million-tons-of-wheat.md) | +1.3% | +5.4% |
| WHEAT | 2017-09-15 | [Ukraine and Russia in August exported 2.8 million tons of wheat to Asia — Latifundist.com](https://feedsoft.ai/events/68817-ukraine-and-russia-in-august-exported-2-8-million-tons-of-wheat-to-asia.md) | +0.7% | +3.6% |
| WHEAT | 2021-01-19 | [The Russian Federation exported almost 4 million tons of food wheat from the ports of AChB in December](https://feedsoft.ai/events/48980-the-russian-federation-exported-almost-4-million-tons-of-food-wheat-from-the.md) | +3.5% | +2.0% |
| WHEAT | 2021-02-02 | [Record wheat exports from Russia increases pressure on prices](https://feedsoft.ai/events/48490-record-wheat-exports-from-russia-increases-pressure-on-prices.md) | +0.3% | +11.6% |
| WHEAT | 2017-12-14 | [India Doubles Import Duty On Wheat \| Miller Magazine](https://feedsoft.ai/events/67454-india-doubles-import-duty-on-wheat-miller-magazine.md) | +1.3% | +2.5% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/india-may-export-record-65-million-tonnes-of-wheat-this-fiscal/article64940251.ece

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