# Exclusive: On El Nino fear, India’s rice export ban may continue till at least November: Government source

> A government official said India's ban on non-basmati white rice exports may last until at least November. The decision will depend on the kharif sowing season and the monsoon yield, given concerns about El Niño. Retail rice prices had risen about 10.6% year on year as of August 7.

- Date: 2023-08-16 · published 2023-08-16T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/34532-exclusive-on-el-nino-fear-india-s-rice-export-ban-may-continue-till-at-least
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A prolonged ban keeps a major exporter out of the market through the coming months, supporting global rice prices. Importers will need to source from other origins for longer.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-01-20 | [Export ban on wheat & broken rice to continue, says government official - CNBC TV18](https://feedsoft.ai/events/37757-export-ban-on-wheat-and-broken-rice-to-continue-says-government-official-cnbc.md) | +2.2% | -2.0% |
| 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 | 2022-09-11 | [What government curbs on exporting rice mean for India and the world \| Explained News - The Indian Express](https://feedsoft.ai/events/39668-what-government-curbs-on-exporting-rice-mean-for-india-and-the-world-explained.md) | +2.9% | -2.9% |
| RICE | 2023-07-13 | [India Considers Banning Most Rice Exports on Inflation Fears - Bloomberg](https://feedsoft.ai/events/5094-india-considers-banning-most-rice-exports-on-inflation-fears-bloomberg.md) | -18.5% | -16.3% |
| RICE | 2023-02-12 | [India likely to continue curbs on wheat, rice exports \| India News](https://feedsoft.ai/events/37311-india-likely-to-continue-curbs-on-wheat-rice-exports-india-news.md) | -3.2% | -9.6% |

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/on-el-nino-fear-indias-rice-export-ban-may-continue-till-november-11199141.html

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