Indian government officials said will not be possible to subsidize wheat exports

Beijing Lin PETROFER message March 27: According to Indian government officials said that even if, after the abolition of the ban on wheat exports, India is not possible to provide any value to the export of wheat subsidies.

Government officials said that if the international prices, weak demand, we may sell their wheat to the domestic market and improve the rate allocation to ensure that the prices under control. Its wheat export subsidies, domestic consumers do not benefit from such as.

India's wheat yield last year, huge inventory, but the Government of India is still not removed the ban on wheat exports, government officials worry about the recurrence in 2006 and 2007, when India's high-priced imported 7.3 million tons of wheat to meet domestic demand.

India had expected the United States Department of Agriculture may be required to provide export subsidies for wheat, because wheat in the international market in India is not competitive.

(Li Lei for reference only)