Wheat trade grinds to a halt, prices back at pre-ban levels of Rs 2,250-2,300 a quintal - Economic Times

Wheat prices had fallen about 8% just after the government banned exports and smaller traders dumped their stocks. Prices have since recovered to pre-ban levels of about Rs 2,250-2,300 per quintal, about 5% above the minimum support price (MSP).

India's wheat trade has almost ground to a halt following the restriction on exports last week as traders and exporters await policy clarity, causing local prices of the staple to rebound to pre-ban … [+2379 chars]

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