◂ Event Timeline

Mar 26, 2023POLICYIndia

India allows exports of 3.5 lakh tonnes broken rice to Gambia, Senegal

India approved exports of 350,000 tonnes of broken rice to Gambia, Senegal and Djibouti/Ethiopia, despite a September 2022 ban on broken rice shipments. The approvals are granted as special considerations to specific exporters.

WHY IT MATTERS

Limited broken rice export permits add modest supply to African buyers, a small bearish factor for global rice prices.

AFFECTSRICE▼

SOURCE
thehindubusinessline.comSubramani Ra MancombuMar 26, 2023

Price reaction & history

RICE▼bearishSO FAR1d -0.3%5d -2.6%20d -5.3%

After 100 past bearish policy events, RICE moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.6%), and +0.1% over 20.

Mar 7, 2025India allows exports of broken rice to cut stockpiles+4.9%
Sep 28, 2024India lifts ban on exports of white rice with $490/tonne floor price - The HinduBusinessLine+0.1%
Nov 1, 2022India allows rice exports backed by already issued letters of credit - The Hindu+5.2%
Oct 23, 2024India lifts all curbs on rice exports, scraps 10% export duty on parboiled rice, $490 floor price for white rice - The HinduBusinessLine-1.2%
Jun 20, 2024Commerce Ministry to take up the issue of rice export curbs with inter-ministerial panel - The HinduBusinessLine-2.0%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

RICE · GP ▸

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