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Following the ban, the government allows a small amount of wheat to be exported

Since barring most exports last month, India has authorised 469,202 tonnes of wheat shipments, but at least 1.7 million tonnes remain at ports and might be destroyed by approaching monsoon rains, according to government and industry officials.

Shipments that were permitted were mostly sent to Bangladesh, the Philippines, Tanzania, and Malaysia, according to a senior government official who also specified the entire number.

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The embargo reduced Indian wheat exports to 1.13 million tonnes in May, down from a record 1.46 million tonnes in April, according to an unnamed official.

On May 14, India, the world’s second-largest wheat exporter, issued a blanket ban on exports as a blistering heat wave reduced output and drove local prices to record highs.

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Exceptions were made for shipments supported by previously issued letters of credit and those to nations that requested supplies to satisfy their food security requirements.

Despite the withdrawal of some wheat, at least 1.7 million tonnes stayed stacked up at several ports, according to three dealers with worldwide trading businesses.

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Prior to the ban, exporters transferred unusually large amounts to ports since the harvest was projected to be good at the time, and the government encouraged them to replace Black Sea supplies lost due to the war in Ukraine.

They expected New Delhi to authorise exports of 8 million to 10 million tonnes or more this year, up from 7.2 million tonnes last year.

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