NEW DELHI: Wholesale wheat prices fell 19% in Madhya Pradesh and by 6% in Rajasthan after the government decided to control wheat exports over the weekend. Uttar Pradesh was the sole exception among major wheat producing states where prices have marginally increased.
Industry sources said there was a minor correction in prices late Tuesday after the Centre eased the ban on wheat exports by allowing consignments handed over for inspection or registered with the customs department by May 13 to go through.