News > Sudden Wheat Export Ban Costs MP Traders Dearly

Sudden Wheat Export Ban Costs MP Traders Dearly

Newsclick | 19/06/2022 01:44 PM | Click to read full article

The looming uncertainty over the export policy and traders hoarding the stock of cancelled orders are leading to the unprecedented surge in the rate of wheat in MP.

To meet the international demand for wheat during the Ukraine-Russia war, India allowed private wheat export for the first time and urged traders to fill the vacuum with Indian wheat.