# Govt to continue rice export restrictions to ensure domestic price stability, adequate stocks

> The Indian government told sources it will not lift the broken rice export ban or cut the 20% duty on white rice as it tries to contain domestic prices. The official said exports stayed strong despite the duty, and China was the largest buyer of Indian broken rice.

- Date: 2023-02-23 · published 2023-02-23T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/37312-govt-to-continue-rice-export-restrictions-to-ensure-domestic-price-stability
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Export curbs on the world's biggest rice exporter restrict supply to importers in Asia and Africa, supporting global rice prices. Buyers will continue to pay more until the curbs are lifted.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-02-23 | [India to extend rice export curbs to ensure domestic price stability, supply: Report](https://feedsoft.ai/events/37310-india-to-extend-rice-export-curbs-to-ensure-domestic-price-stability-supply.md) | +0.8% | +1.4% |
| RICE | 2024-07-29 | [After a year, India’s rice export restrictions continue to fuel high prices \| IFPRI](https://feedsoft.ai/events/29222-after-a-year-india-s-rice-export-restrictions-continue-to-fuel-high-prices-ifpri.md) | -1.9% | -1.5% |
| RICE | 2024-02-08 | [India’s export restrictions on rice continue to disrupt global markets, supplies, and prices \| Asia and the Pacific Food Security Portal](https://feedsoft.ai/events/31608-india-s-export-restrictions-on-rice-continue-to-disrupt-global-markets-supplies.md) | +0.7% | -5.7% |
| 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 | 2024-05-07 | [Asian Rice Market On Edge: India's Export Restrictions Propel Global Prices](https://feedsoft.ai/events/30330-asian-rice-market-on-edge-india-s-export-restrictions-propel-global-prices.md) | +1.6% | -4.5% |

## Sources

- theprint.in: https://theprint.in/agriculture/govt-to-continue-rice-export-restrictions-to-ensure-domestic-price-stability-adequate-stocks/1392576/

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