# Indian curbs to propel Pakistan's rice exports towards record high | Reuters

> Pakistan's rice exports are likely to reach a record in the year ending June as India's export curbs push buyers toward Islamabad. Pakistan is offering 5% broken rice at about $640 per ton, up from $465 a year earlier.

- Date: 2024-01-30 · published 2024-01-30T12:00:00.000Z
- Category: trade · region Pakistan · magnitude medium
- Page: https://feedsoft.ai/events/32202-indian-curbs-to-propel-pakistan-s-rice-exports-towards-record-high-reuters
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Indian export restrictions are redirecting demand to Pakistan and lifting global rice prices, and the higher prices may bolster Pakistan's foreign reserves.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-10-24 | [Vietnam’s export rice prices reach record high](https://feedsoft.ai/events/33697-vietnam-s-export-rice-prices-reach-record-high.md) | -0.2% | +8.1% |
| RICE | 2019-09-07 | [Indian rice exports face threat from Asian peers, including Pakistan \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/57016-indian-rice-exports-face-threat-from-asian-peers-including-pakistan-economy-and.md) | +2.4% | -0.3% |
| RICE | 2023-07-31 | [Thai, Vietnamese prices hit over decade highs on India curbs rice export](https://feedsoft.ai/events/35130-thai-vietnamese-prices-hit-over-decade-highs-on-india-curbs-rice-export.md) | +2.1% | +0.4% |
| RICE | 2024-05-15 | [India’s rice exports dip 27% in FY24 to 16.35 mt on shipment curbs    - The HinduBusinessLine](https://feedsoft.ai/events/30202-india-s-rice-exports-dip-27-in-fy24-to-16-35-mt-on-shipment-curbs-the.md) | -0.7% | -2.6% |
| RICE | 2022-04-11 | [Indian broken rice exports likely to face supply problems - The HinduBusinessLine](https://feedsoft.ai/events/41915-indian-broken-rice-exports-likely-to-face-supply-problems-the-hindubusinessline.md) | +4.9% | +4.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/indian-curbs-propel-pakistans-rice-exports-towards-record-high-2024-01-30/

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