# India considers lifting rice export curbs as supply improves | The Straits Times

> India, the world's largest rice exporter, is considering removing some rice export curbs because domestic prices are stable. Government stockpiles are sufficient for welfare programs. The curbs include a 20% duty on white and brown rice and a ban on broken rice sales.

- Date: 2023-01-09 · published 2023-01-09T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/37763-india-considers-lifting-rice-export-curbs-as-supply-improves-the-straits-times
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Easing Indian export curbs would add supply to Asian rice markets and is likely to cool benchmark prices that are at their highest since mid-2021.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-09-18 | [India considers easing export curbs on non-basmati rice as supplies improve](https://feedsoft.ai/events/28269-india-considers-easing-export-curbs-on-non-basmati-rice-as-supplies-improve.md) | -0.6% | -2.0% |
| RICE | 2023-01-09 | [Govt mulls lifting rice export curbs as supply improves, prices stabilise \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/37758-govt-mulls-lifting-rice-export-curbs-as-supply-improves-prices-stabilise.md) | +2.1% | +0.3% |
| RICE | 2024-09-30 | [Global rice prices to ease as India lifts export ban \| Philstar.com](https://feedsoft.ai/events/28370-global-rice-prices-to-ease-as-india-lifts-export-ban-philstar-com.md) | +0.1% | +0.0% |
| RICE | 2024-09-29 | [FACTBOX Why India's easing of export curbs is important to global rice trade \| Reuters](https://feedsoft.ai/events/28268-factbox-why-india-s-easing-of-export-curbs-is-important-to-global-rice-trade.md) | +0.1% | +0.0% |
| RICE | 2024-07-09 | [Swelling granaries may prompt India to ease rice export curbs \| Mint](https://feedsoft.ai/events/29225-swelling-granaries-may-prompt-india-to-ease-rice-export-curbs-mint.md) | -13.9% | -10.5% |

## Sources

- straitstimes.com: https://www.straitstimes.com/asia/south-asia/india-considers-lifting-rice-export-curbs-as-supply-improves

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