Wheat

India wants to allow the export of more than 1 million tons of wheat


The Indian government can export around 1,2 million Tonnen Wheat allow, which has been in the country's ports since last month.

Reuters

At the same time, even taking into account this permission in the country's ports, up to 500 thousand tons still remain Wheat, whose exporters do not have permission to ship Grains have received.

In May, India imposed a ban on exports of wheat, noting that the supply of Grains may be extended under intergovernmental agreements or pre-contracted letters of credit. In particular, if the letters of credit were issued before May 14, the government will provide the registration certificates required for export.

It is also noted that India exported 469,2 thousand tons of wheat after the ban was imposed, but there are still as many as 1,7 million tons of grain in the country's ports, compounding its quality problems.

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