India prohibits wheat exports with immediate effect to calm local prices



India has prohibited wheat exports with immediate effect, the federal government mentioned in a notification late on Friday, because the world’s second-biggest wheat producer tries to calm local prices.


Shipments of wheat are allowed for letters of credit score which have already been issued, the federal government mentioned.





Global patrons had been banking on India for wheat provides after exports from the Black Sea area plunged since Russia invaded Ukraine in late February.

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