# Commerce Ministry to take up the issue of rice export curbs with inter-ministerial panel - The HinduBusinessLine

> India's Commerce Ministry is preparing a proposal for a panel of ministers led by Amit Shah on changing export duties for parboiled non-Basmati rice. Exporters are also asking for a fixed $90/tonne duty and a cut in the Basmati minimum export price from $950 to $850/tonne.

- Date: 2024-06-20 · published 2024-06-20T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/29724-commerce-ministry-to-take-up-the-issue-of-rice-export-curbs-with-inter
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Easing India's rice export curbs would add supply to the world market and weigh on international rice prices, while tighter duty rules would keep Indian export prices elevated.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-09-28 | [India lifts ban on exports of white rice with $490/tonne floor price - The HinduBusinessLine](https://feedsoft.ai/events/12950-india-lifts-ban-on-exports-of-white-rice-with-490-tonne-floor-price-the.md) | +0.1% | +0.0% |
| RICE | 2024-10-23 | [India lifts all curbs on rice exports, scraps 10% export duty on parboiled rice, $490 floor price for white rice - The HinduBusinessLine](https://feedsoft.ai/events/27795-india-lifts-all-curbs-on-rice-exports-scraps-10-export-duty-on-parboiled-rice.md) | -1.2% | -0.2% |
| RICE | 2023-03-26 | [India allows exports of 3.5 lakh tonnes broken rice to Gambia, Senegal - The HinduBusinessLine](https://feedsoft.ai/events/36809-india-allows-exports-of-3-5-lakh-tonnes-broken-rice-to-gambia-senegal-the.md) | -2.6% | -5.3% |
| RICE | 2018-03-19 | [Draft Agri Export Policy seeks to end curbs to bring in stability - The HinduBusinessLine](https://feedsoft.ai/events/65960-draft-agri-export-policy-seeks-to-end-curbs-to-bring-in-stability-the.md) | -0.8% | +4.8% |
| RICE | 2024-10-02 | [Rice battle heats up as India, Pakistan lift export curbs \| Business and Economy News \| Al Jazeera](https://feedsoft.ai/events/12946-rice-battle-heats-up-as-india-pakistan-lift-export-curbs-business-and-economy.md) | -1.1% | -2.4% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/commerce-ministry-to-propose-easing-of-rice-export-restrictions-before-inter-ministerial-panel/article68311753.ece

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