# Govt Mulls Lifting Rice Export Restrictions Amid Surplus Stocks

> The Indian government is considering lifting restrictions on rice exports due to large surplus stocks and a forecast above-normal monsoon. A final decision is expected after assessing kharif paddy sowing progress, which begins in June-July.

- Date: 2024-06-01 · published 2024-06-01T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/30201-govt-mulls-lifting-rice-export-restrictions-amid-surplus-stocks
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Potential easing of Indian rice export curbs would add supply to the world market, which is bearish for rice prices, though the decision is still pending.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-11-08 | [India lifts export restrictions on rice \| IFPRI](https://feedsoft.ai/events/27367-india-lifts-export-restrictions-on-rice-ifpri.md) | +1.9% | +4.8% |
| RICE | 2023-01-09 | [Govt mulls lifting rice export curbs as supply improves, prices stabilise \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/37758-govt-mulls-lifting-rice-export-curbs-as-supply-improves-prices-stabilise.md) | +2.1% | +0.3% |
| RICE | 2023-01-09 | [India considers lifting rice export curbs as supply improves \| The Straits Times](https://feedsoft.ai/events/37763-india-considers-lifting-rice-export-curbs-as-supply-improves-the-straits-times.md) | +2.1% | +0.3% |
| RICE | 2024-07-10 | [Government to resume wheat sale from FCI stock; may take a call on lifting ban in rice exports - Times of India](https://feedsoft.ai/events/29224-government-to-resume-wheat-sale-from-fci-stock-may-take-a-call-on-lifting-ban.md) | -15.8% | -11.1% |
| 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% |

## Sources

- knnindia.co.in: https://knnindia.co.in/news/newsdetails/sectors/govt-mulls-lifting-rice-export-restrictions-amid-surplus-stocks

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