India Resumes Wheat Flour Exports Amid Improved Supplies

India has lifted its ban on exporting wheat flour, allowing 500,000 metric tons to be shipped internationally. This decision follows an improvement in wheat supplies after a 2022 heatwave had curtailed production and driven local prices to unprecedented highs.

The Indian government has announced the authorization of exporting 500,000 metric tons of wheat flour and related products. This marks a significant shift since New Delhi imposed an export ban in May 2022.

The ban was initially set in response to a severe heatwave that slashed wheat output, causing domestic prices to skyrocket.

With supplies now stabilized, India, the world's second-largest wheat producer, is resuming its role in the global wheat market.

(With inputs from agencies.)