# Non-basmati rice bore the brunt of export restrictions imposed in 2023 | Agriculture - Business Standard

> India's panel of ministers is reviewing rice export curbs after non-basmati shipments fell more than basmati since restrictions began in August 2023. Government plans to restart open-market rice sales at Rs 28/kg, and FCI rice for ethanol may resume.

- Date: 2024-07-17 · published 2024-07-17T12:00:00.000Z
- Category: policy · region India · magnitude high
- Page: https://feedsoft.ai/events/29328-non-basmati-rice-bore-the-brunt-of-export-restrictions-imposed-in-2023
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Possible easing of Indian export curbs would add supply to the world market and pressure prices lower, though officials may wait for the kharif crop.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-09-28 | [Govt eases export curbs for non-basmati white rice \| Business News - The Indian Express](https://feedsoft.ai/events/12949-govt-eases-export-curbs-for-non-basmati-white-rice-business-news-the-indian.md) | +0.1% | +0.0% |
| RICE | 2024-09-29 | [Export ban on Non-Basmati White Rice lifted: why, what is the likely impact \| Explained News - The Indian Express](https://feedsoft.ai/events/12948-export-ban-on-non-basmati-white-rice-lifted-why-what-is-the-likely-impact.md) | +0.1% | +0.0% |
| RICE | 2023-08-30 | [India allows exports of non-basmati white rice trapped at ports](https://feedsoft.ai/events/34531-india-allows-exports-of-non-basmati-white-rice-trapped-at-ports.md) | +1.2% | -2.2% |
| RICE | 2024-10-11 | [BMI cuts rice futures forecast for 2025 after India eases export restrictions](https://feedsoft.ai/events/27915-bmi-cuts-rice-futures-forecast-for-2025-after-india-eases-export-restrictions.md) | -0.5% | -4.4% |
| 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% |

## Sources

- business-standard.com: https://www.business-standard.com/industry/agriculture/rice-export-curbs-under-review-due-to-surplus-stocks-ethanol-demand-124071700108_1.html

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