# Thailand says no rice export halt, to benefit from India's export ban

> Thailand says it will not halt rice exports and expects to benefit from India's late-July order halting its largest rice export category. The Indian move is expected to roughly halve shipments by the world's largest exporter.

- Date: 2023-08-07 · published 2023-08-07T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/34650-thailand-says-no-rice-export-halt-to-benefit-from-india-s-export-ban
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Thailand gaining export share while India's shipments are halved supports higher Asian rice prices and tighter global availability for importers.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-05-01 | [India Non-Basmati Rice Export Prices Surge.](https://feedsoft.ai/events/36007-india-non-basmati-rice-export-prices-surge.md) | +3.9% | -1.8% |
| RICE | 2020-09-03 | [Demand for Non-basmati Exports from India Increases as Price Increases in Thailand and Vietnam - Grainmart News](https://feedsoft.ai/events/51089-demand-for-non-basmati-exports-from-india-increases-as-price-increases-in.md) | +1.5% | +1.0% |
| RICE | 2017-12-12 | [Thailand: Strong baht may curb rice exports](https://feedsoft.ai/events/67743-thailand-strong-baht-may-curb-rice-exports.md) | -4.2% | -4.3% |
| RICE | 2017-10-31 | [India to export rice to Bangladesh - Market News \| The Financial Express](https://feedsoft.ai/events/68434-india-to-export-rice-to-bangladesh-market-news-the-financial-express.md) | -1.8% | +7.5% |
| RICE | 2023-07-31 | [Vietnamese rice prices increase after India’s export ban](https://feedsoft.ai/events/35132-vietnamese-rice-prices-increase-after-india-s-export-ban.md) | +2.1% | +0.4% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/thailands-rice-exports-benefiting-indias-export-ban-minister-2023-08-07/

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