Article 62XTS India restricts wheat flour exports to ease record local prices

India restricts wheat flour exports to ease record local prices

by
Reuters in Mumbai
from World news | The Guardian on (#62XTS)

Government also cites food security after heatwave stunted domestic output and drove up prices

India's cabinet has approved restrictions on wheat flour exports to calm prices in the local market.

The government banned the export of wheat itself in mid-May as a heatwave curtailed output and domestic prices hit a record high. That ban boosted demand for Indian wheat flour, exports of which jumped 200% between April and July from a year ago, and lifted prices in the local market, the government said on Thursday.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments