
India allowed exports of 100% broken rice through a notification issued on March 7, 2025, lifting a ban in place since September 2022. The move follows record state rice inventories, nearly nine times the government's target at the start of February.
Reopening exports adds supply to a global rice market that is already sluggish, which pressures international rice prices lower. Large Indian stocks also keep domestic prices subdued.
After 100 past bearish policy events, RICE moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.6%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.