# New Business Age

> India lifted its ban on exports of certain rice products, citing adequate domestic production. The earlier ban, imposed in September, had also included a 20% duty on non-basmati rice exports.

- Date: 2022-12-01 · published 2022-12-01T12:00:00.000Z
- Category: policy · region India · magnitude high
- Page: https://feedsoft.ai/events/38199-new-business-age
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Restoring Indian rice exports adds meaningful supply to the world market, which is bearish for rice prices and eases pressure on importers such as Nepal and Indonesia.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-09-28 | [Govt eases export curbs for non-basmati white rice \| Business News - The Indian Express](https://feedsoft.ai/events/12949-govt-eases-export-curbs-for-non-basmati-white-rice-business-news-the-indian.md) | +0.1% | +0.0% |
| RICE | 2024-10-02 | [Rice battle heats up as India, Pakistan lift export curbs \| Business and Economy News \| Al Jazeera](https://feedsoft.ai/events/12946-rice-battle-heats-up-as-india-pakistan-lift-export-curbs-business-and-economy.md) | -1.1% | -2.4% |
| RICE | 2022-05-31 | [Government Has No Plans To Ban Rice Exports, Says Official – Outlook Business](https://feedsoft.ai/events/41475-government-has-no-plans-to-ban-rice-exports-says-official-outlook-business.md) | -1.4% | -7.2% |
| 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 | 2024-07-17 | [Non-basmati rice bore the brunt of export restrictions imposed in 2023 \| Agriculture - Business Standard](https://feedsoft.ai/events/29328-non-basmati-rice-bore-the-brunt-of-export-restrictions-imposed-in-2023.md) | +2.3% | +2.7% |

## Sources

- newbusinessage.com: https://newbusinessage.com/news/16425/india-lifts-ban-on-export-of-certain-rice-products/

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