# Rice export ban: Commerce ministry clarifies there's no export ban, to carry 20% duty | Times Now

> The commerce ministry said there is no outright export ban on rice, and traders can ship after paying a 20% duty. Broken rice remains prohibited, and the duty applies to non-basmati rice.

- Date: 2022-10-05 · published 2022-10-05T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/39077-rice-export-ban-commerce-ministry-clarifies-there-s-no-export-ban-to-carry-20
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The 20% duty and the broken rice prohibition restrict Indian export supply, which tends to support world rice prices.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-05-27 | [Centre is monitoring India's rice stock: Concerns rise over an export ban \| Times Now](https://feedsoft.ai/events/41361-centre-is-monitoring-india-s-rice-stock-concerns-rise-over-an-export-ban-times.md) | -2.8% | -6.9% |
| RICE | 2022-09-12 | [India restricts rice export - What led to the decision and how it impacts India and the world's food security \| Times Now](https://feedsoft.ai/events/39562-india-restricts-rice-export-what-led-to-the-decision-and-how-it-impacts-india.md) | +2.9% | -2.9% |
| RICE | 2023-09-28 | [Export ban on rice is regulation rather than restriction for food security: India to WTO's agriculture committee meet - The Hindu](https://feedsoft.ai/events/34051-export-ban-on-rice-is-regulation-rather-than-restriction-for-food-security.md) | -3.3% | -0.3% |
| RICE | 2022-06-23 | [Bangladesh slashes rice import tariffs to 25 percent \| The Daily Star](https://feedsoft.ai/events/41018-bangladesh-slashes-rice-import-tariffs-to-25-percent-the-daily-star.md) | +0.8% | +4.1% |
| RICE | 2023-12-18 | [Rice export ban justified - The HinduBusinessLine](https://feedsoft.ai/events/32649-rice-export-ban-justified-the-hindubusinessline.md) | +1.6% | +3.1% |

## Sources

- timesnownews.com: https://www.timesnownews.com/business-economy/economy/rice-export-ban-commerce-ministry-clarifies-theres-no-export-ban-to-carry-20-duty-article-94658100

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