# Centre bans export of non-basmati white rice to check price rise - The Hindu

> The Indian Centre banned exports of non-basmati white rice from July 20, 2023, with narrow exemptions for cargo already loaded or berthed. The government said the variety accounts for 25% of national rice exports and that domestic retail prices rose 11.5% over the year. Exports of this variety had risen even after a 20% export duty was imposed in 2022.

- Date: 2023-07-20 · published 2023-07-20T12:00:00.000Z
- Category: policy · region India · magnitude high
- Page: https://feedsoft.ai/events/35006-centre-bans-export-of-non-basmati-white-rice-to-check-price-rise-the-hindu
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Taking a quarter of India's rice exports off the market reduces global availability and supports higher international rice prices.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-10-19 | [Steps in place to check price rise during festival season: Centre - The Hindu](https://feedsoft.ai/events/33577-steps-in-place-to-check-price-rise-during-festival-season-centre-the-hindu.md) | +1.6% | +6.8% |
| RICE | 2022-09-18 | [Explained \| The ban on the export of broken rice - The Hindu](https://feedsoft.ai/events/39670-explained-the-ban-on-the-export-of-broken-rice-the-hindu.md) | -2.5% | -6.1% |
| RICE | 2018-07-14 | [MSP increase could hit non-basmati rice exports \| India News - The Indian Express](https://feedsoft.ai/events/64101-msp-increase-could-hit-non-basmati-rice-exports-india-news-the-indian-express.md) | +1.0% | -10.7% |
| RICE | 2022-09-22 | [India defends its decision to ban rice, wheat exports at WTO - The Hindu](https://feedsoft.ai/events/39558-india-defends-its-decision-to-ban-rice-wheat-exports-at-wto-the-hindu.md) | -1.5% | -6.5% |
| 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% |

## Sources

- thehindu.com: https://www.thehindu.com/business/agri-business/centre-bans-export-of-non-basmati-white-rice-to-check-price-rise/article67102365.ece

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