# The impact of India’s rice export restrictions on global markets, supplies and prices | The Business Standard

> Analysis finds the Thai 5% broken rice benchmark has risen 22% since India's July 2023 non-basmati white rice export ban took effect. Exports of India's restricted products are down sharply, and Vietnam and Thailand face El Niño-related production losses.

- Date: 2024-02-21 · published 2024-02-21T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/31740-the-impact-of-india-s-rice-export-restrictions-on-global-markets-supplies-and
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Reduced Indian exports and El Niño losses in other major exporters keep global rice prices elevated and push importers toward alternative suppliers.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-07-26 | [India Rice Export Ban: Global rice markets in turmoil as India bans export of non-basmati \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/35135-india-rice-export-ban-global-rice-markets-in-turmoil-as-india-bans-export-of.md) | -0.5% | -2.8% |
| RICE | 2024-01-16 | [Rice may surge further globally on Indian export curbs, supply shortage - The HinduBusinessLine](https://feedsoft.ai/events/32111-rice-may-surge-further-globally-on-indian-export-curbs-supply-shortage-the.md) | +1.9% | +8.1% |
| RICE | 2022-06-10 | [Asia rice: India rates rise as fears of export curb accelerate demand - Markets - Business Recorder](https://feedsoft.ai/events/41014-asia-rice-india-rates-rise-as-fears-of-export-curb-accelerate-demand-markets.md) | -1.7% | -2.0% |
| RICE | 2017-11-04 | [Rice drives India's agri exports \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/67956-rice-drives-india-s-agri-exports-commodity-food-and-edible-oils-business.md) | -1.1% | +7.9% |
| RICE | 2020-08-19 | [Global Markets: Rice – Trade Contracts on Low Exportable Supplies — Louisiana Farm Bureau News](https://feedsoft.ai/events/51702-global-markets-rice-trade-contracts-on-low-exportable-supplies-louisiana-farm.md) | +0.8% | +2.0% |

## Sources

- tbsnews.net: https://www.tbsnews.net/thoughts/impact-indias-rice-export-restrictions-global-markets-supplies-and-prices-796470

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