# India’s export restrictions on rice continue to disrupt global markets, supplies, and prices | Asia and the Pacific Food Security Portal

> India's export restrictions on non-basmati white, parboiled and broken rice have pushed the Thai 5% broken benchmark up 22% since the July 2023 ban took effect. Importers in South and Southeast Asia and sub-Saharan Africa are seeking alternative suppliers, while Vietnam and Thailand face El Niño production losses.

- Date: 2024-02-08 · published 2024-02-08T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/31608-india-s-export-restrictions-on-rice-continue-to-disrupt-global-markets-supplies
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Restricted Indian exports and weather-driven losses in other exporters leave global rice supplies tight, supporting prices and forcing importers to bid for non-Indian origins.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-05-07 | [Asian Rice Market On Edge: India's Export Restrictions Propel Global Prices](https://feedsoft.ai/events/30330-asian-rice-market-on-edge-india-s-export-restrictions-propel-global-prices.md) | +1.6% | -4.5% |
| RICE | 2023-07-25 | [India’s new ban on rice exports: Potential threats to global supply, prices, and food security \| IFPRI](https://feedsoft.ai/events/34967-india-s-new-ban-on-rice-exports-potential-threats-to-global-supply-prices-and.md) | -4.5% | -4.2% |
| RICE | 2024-07-29 | [After a year, India’s rice export restrictions continue to fuel high prices \| IFPRI](https://feedsoft.ai/events/29222-after-a-year-india-s-rice-export-restrictions-continue-to-fuel-high-prices-ifpri.md) | -1.9% | -1.5% |
| RICE | 2022-09-12 | [India restricts rice export - What led to the decision and how it impacts India and the world's food security \| Times Now](https://feedsoft.ai/events/39562-india-restricts-rice-export-what-led-to-the-decision-and-how-it-impacts-india.md) | +2.9% | -2.9% |
| RICE | 2023-11-27 | [Global rice markets face stresses from El Niño, India export restrictions](https://feedsoft.ai/events/33101-global-rice-markets-face-stresses-from-el-nino-india-export-restrictions.md) | -2.2% | -1.0% |

## Sources

- asia.foodsecurityportal.org: https://asia.foodsecurityportal.org/node/2689/index.html

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