# India to extend rice export curbs to ensure domestic price stability, supply: Report

> Two government sources said India will keep its ban on broken rice exports and its 20% duty on other white rice shipments to hold down domestic prices. Rice exports reached a record 22.26 million tonnes in 2022.

- Date: 2023-02-23 · published 2023-02-23T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/37310-india-to-extend-rice-export-curbs-to-ensure-domestic-price-stability-supply
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

India is the world's largest rice exporter, so keeping curbs in place tightens global supply and pushes up prices for Asian and African importers. Buyers will likely face higher offers for the foreseeable future.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-02-23 | [Govt to continue rice export restrictions to ensure domestic price stability, adequate stocks](https://feedsoft.ai/events/37312-govt-to-continue-rice-export-restrictions-to-ensure-domestic-price-stability.md) | +0.8% | +1.4% |
| RICE | 2025-06-24 | [Russia Extends Rough Rice Export Ban Until End of 2025 to Secure Domestic Supply \| Tridge Insights](https://feedsoft.ai/events/24289-russia-extends-rough-rice-export-ban-until-end-of-2025-to-secure-domestic.md) | -3.4% | -7.7% |
| RICE | 2023-07-25 | [India’s new ban on rice exports: Potential threats to global supply, prices, and food security \| IFPRI](https://feedsoft.ai/events/34967-india-s-new-ban-on-rice-exports-potential-threats-to-global-supply-prices-and.md) | -4.5% | -4.2% |
| RICE | 2024-07-20 | [Pakistan’s rice exports surge to record amid India's export restrictions](https://feedsoft.ai/events/4979-pakistan-s-rice-exports-surge-to-record-amid-india-s-export-restrictions.md) | +7.0% | +2.4% |
| 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

- indianexpress.com: https://indianexpress.com/article/business/economy/india-rice-export-curbs-price-stability-supply-8462016/

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