India’s move to export 5 mt wheat unlikely to impact global market
India’s approval to export 5 million tonnes of wheat is unlikely to impact global markets, as domestic prices remain over $20/tonne higher than global levels. Exports may stay limited, mainly to nearby markets like Nepal and Bangladesh, rather than driving sustained international competitiveness.
Though India has permitted an additional 2.5 million tonnes (mt) of wheat exports this rabi marketing season (April-September 2025), it will not have any impact on the global market.
“On paper, this signals a strong return to the export market. In practice, however, pricing indicates a very different story. Exports will occur, but only minimally, in cases where market conditions temporarily align, rather than through sustained global competitiveness,” said New Delhi-based exporter Rajesh Paharia Jain.
“Cost and freight as well as free-on-board prices of Indian wheat do not match the prices in the global market,” said S Pramod Kumar, former president of Roller Flour Mills Federation of India (RFMFI).
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Source : The Hindu Business line
