# Will dry weather and export restrictions make the rice market volatile? | The Business Standard

> Rice prices have risen 20-30% since September 2022 on Pakistan floods and falling global stocks, which are projected at their lowest since 2017/18. A strong El Niño could hit monsoon harvests in India and Bangladesh. The authors say the rice market's period of calm may be ending.

- Date: 2023-06-06 · published 2023-06-06T12:00:00.000Z
- Category: weather · region South Asia · magnitude medium
- Page: https://feedsoft.ai/events/35561-will-dry-weather-and-export-restrictions-make-the-rice-market-volatile-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Projected multi-year low stocks and El Niño monsoon risk point to upward pressure on rice prices, raising costs for rice-based feed inputs.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-05-15 | [Rice markets in South and Southeast Asia face stresses from El Niño, export restrictions \| IFPRI](https://feedsoft.ai/events/35867-rice-markets-in-south-and-southeast-asia-face-stresses-from-el-nino-export.md) | -6.6% | +7.6% |
| RICE | 2023-07-14 | [Indian rice prices up 10% in global market, affect export demand - The HinduBusinessLine](https://feedsoft.ai/events/5097-indian-rice-prices-up-10-in-global-market-affect-export-demand-the.md) | -16.0% | -15.2% |
| RICE | 2022-10-27 | [Trends - Asia rice markets - Business Recorder](https://feedsoft.ai/events/39208-trends-asia-rice-markets-business-recorder.md) | +7.2% | +12.4% |
| RICE | 2017-11-03 | [Paddy bonus casts shadow over rice export in Chhattisgarh \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/67957-paddy-bonus-casts-shadow-over-rice-export-in-chhattisgarh-economy-and-policy.md) | +0.2% | +11.7% |
| RICE | 2023-12-26 | [Global 2024 staple food supplies to be strained by dry weather, export curbs \| Reuters](https://feedsoft.ai/events/32481-global-2024-staple-food-supplies-to-be-strained-by-dry-weather-export-curbs.md) | +1.4% | +2.2% |

## Sources

- publisher.tbsnews.net: https://publisher.tbsnews.net/thoughts/will-dry-weather-and-export-restrictions-make-rice-market-volatile-644870

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