India’s banned wheat export market worries about rising food prices – Xinhua English.news.cn

Securities Times e Company News, India’s Ministry of Commerce and Industry announced on the 13th that it will ban wheat exports on the grounds of ensuring domestic food security. Analysts worry that the ban could further push up global food prices. India’s Ministry of Commerce and Industry adjusted its wheat export policy on the 13th, mainly due to the “sudden rise in global wheat prices.” The share of wheat exports that had been licensed before the ban was issued will not be affected, and future government-approved wheat exports will also be exempt. (CCTV News)