# After export ban removal, Indian rice enters global markets amid shipping uncertainties

> S&P Global discusses India's removal of most rice export restrictions, which were imposed in July 2023. West African importers are expected to turn to India as a competitive supplier, though shipping concerns persist.

- Date: 2024-11-13 · published 2024-11-13T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/27374-after-export-ban-removal-indian-rice-enters-global-markets-amid-shipping
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Expected redirection of West African demand to Indian supply adds competitive pressure on global rice prices, while freight uncertainty may partly offset the effect.

## Read by commodity

- RICE: bearish ▼
- OCEANFRT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-02-21 | [Indian rice exports gain momentum - Markets - Business Recorder](https://feedsoft.ai/events/48701-indian-rice-exports-gain-momentum-markets-business-recorder.md) | -0.9% | +2.1% |
| RICE | 2024-06-28 | [Asia rice: High shipping cost dents Indian rates - Markets - Business Recorder](https://feedsoft.ai/events/29839-asia-rice-high-shipping-cost-dents-indian-rates-markets-business-recorder.md) | +1.1% | -9.1% |
| RICE | 2020-06-14 | [Labour shortage and scarcity of containers at ports hit India’s rice exports - DST - Daily Shipping Times](https://feedsoft.ai/events/52587-labour-shortage-and-scarcity-of-containers-at-ports-hit-india-s-rice-exports.md) | -12.7% | +0.7% |
| RICE | 2021-02-04 | [Andhra Pradesh Moves To Leverage Rice Exports At Time Of Global Shortage](https://feedsoft.ai/events/48579-andhra-pradesh-moves-to-leverage-rice-exports-at-time-of-global-shortage.md) | -1.6% | -0.1% |
| RICE | 2026-03-21 | [Asia Rice: Top export hubs see limited activity, muted prices on high shipping rates](https://feedsoft.ai/events/20263-asia-rice-top-export-hubs-see-limited-activity-muted-prices-on-high-shipping.md) | -0.0% | -0.5% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/podcasts/commodities-focus/111324-after-export-ban-removal-indian-rice-enters-global-markets-amid-shipping-uncertainties

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.