Traders said the ministry will allow traders to export up to a total of 5 million tonnes of wheat in the current season.
The wheat harvest has been down by a third this year, Reuters said. Traders said the ban did not come as a surprise, and they have been speeding up shipments abroad.
Reuters reported that the ministry said in a statement that the high pace of wheat exports would exhaust stocks of wheat available for shipping abroad by Nov. 15-20. It urged traders to be cautious in writing new contracts.
