# FACTBOX Why India's easing of export curbs is important to global rice trade | Reuters

> India has removed most of the export curbs it imposed on rice shipments in 2023, with immediate effect. Above-average monsoon rains are expected to lift crop yields, and state granaries are overflowing.

- Date: 2024-09-29 · published 2024-09-29T12:00:00.000Z
- Category: policy · region India · magnitude high
- Page: https://feedsoft.ai/events/28268-factbox-why-india-s-easing-of-export-curbs-is-important-to-global-rice-trade
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Freer Indian exports add substantial supply to the world rice market, which should pressure global rice prices lower and undercut competing exporters.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-09-18 | [India considers easing export curbs on non-basmati rice as supplies improve](https://feedsoft.ai/events/28269-india-considers-easing-export-curbs-on-non-basmati-rice-as-supplies-improve.md) | -0.6% | -2.0% |
| RICE | 2024-09-30 | [Global rice prices drop after India allows white rice exports \| Reuters](https://feedsoft.ai/events/12945-global-rice-prices-drop-after-india-allows-white-rice-exports-reuters.md) | +0.1% | +0.0% |
| RICE | 2024-07-09 | [Swelling granaries may prompt India to ease rice export curbs \| Mint](https://feedsoft.ai/events/29225-swelling-granaries-may-prompt-india-to-ease-rice-export-curbs-mint.md) | -13.9% | -10.5% |
| RICE | 2019-04-14 | [Factors affecting rice exporters of India this week - Shah Nanji Nagsi Exports](https://feedsoft.ai/events/59577-factors-affecting-rice-exporters-of-india-this-week-shah-nanji-nagsi-exports.md) | -0.1% | +2.5% |
| RICE | 2024-09-30 | [Global rice prices to ease as India lifts export ban \| Philstar.com](https://feedsoft.ai/events/28370-global-rice-prices-to-ease-as-india-lifts-export-ban-philstar-com.md) | +0.1% | +0.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/why-indias-easing-export-curbs-is-important-global-rice-trade-2024-09-29/

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