Analysis

Indian Wheat Price Decreases and May Approve Wheat Exports to Several Countries

Wheat
India
Putri Aisyah
Published Jun 16, 2022
Wheat price in India decreased by -8% MoM to USD 0.24/kg. Dropped price as a result of India halts wheat export in mid-May 2022. Bangladesh, the UAE, Indonesia, Yemen, and Oman have requested wheat import from India. If the proposal is accepted, Indian wheat traders and producers may be able to increase their earnings and boost the price of Indian wheat.

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