# Rice: Govt closely monitoring rice situation in domestic, international markets on weekly basis - The Times of India

> The Indian government says it is monitoring domestic and global rice markets weekly and may raise its share of world rice trade when conditions allow. It confirmed the ban on broken and non-basmati white rice exports, citing El Niño and climate uncertainty.

- Date: 2023-12-20 · published 2023-12-20T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/32646-rice-govt-closely-monitoring-rice-situation-in-domestic-international-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The ongoing ban on non-basmati white rice keeps a large exporter out of world markets, supporting global rice prices, though the possibility of future easing is a bearish offset.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-05-27 | [Centre is monitoring India's rice stock: Concerns rise over an export ban \| Times Now](https://feedsoft.ai/events/41361-centre-is-monitoring-india-s-rice-stock-concerns-rise-over-an-export-ban-times.md) | -2.8% | -6.9% |
| RICE | 2022-05-26 | [Sugar exports: India's curbs on wheat and sugar exports spark concern that rice may be next - The Economic Times](https://feedsoft.ai/events/41367-sugar-exports-india-s-curbs-on-wheat-and-sugar-exports-spark-concern-that-rice.md) | -0.6% | -6.0% |
| RICE | 2024-02-08 | [India’s export restrictions on rice continue to disrupt global markets, supplies, and prices \| Asia and the Pacific Food Security Portal](https://feedsoft.ai/events/31608-india-s-export-restrictions-on-rice-continue-to-disrupt-global-markets-supplies.md) | +0.7% | -5.7% |
| 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 | 2026-07-16 | [Indian rice export prices extend gain on higher reserve price, monsoon concerns - The Economic Times](https://feedsoft.ai/events/9568-indian-rice-export-prices-extend-gain-on-higher-reserve-price-monsoon-concerns.md) | +2.7% | -0.1% |

## Sources

- timesofindia.indiatimes.com: https://timesofindia.indiatimes.com/business/india-business/govt-closely-monitoring-rice-situation-in-domestic-international-markets-on-weekly-basis/articleshow/106151343.cms

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