# Why low stocks of rice, wheat and sugar shouldn’t push India to curb exports | The Indian Express

> Public wheat stocks in India on September 1 were at a six-year low, and sugar carryover stocks are the lowest in five years. Rice production is uncertain because of deficient monsoon rain in the Gangetic plains and a new plant virus in Punjab and Haryana. The piece argues for lifting export curbs on rice, wheat and sugar as soon as possible.

- Date: 2022-09-16 · published 2022-09-16T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/39563-why-low-stocks-of-rice-wheat-and-sugar-shouldn-t-push-india-to-curb-exports-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

If India lifts its export curbs, global rice and wheat supply would loosen and prices could ease. Low domestic stocks and the crop uncertainty make an early reversal unlikely.

## Read by commodity

- RICE: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-08-07 | [FCI rice stocks balloon on export barrier, OMSS failure - India News \| The Financial Express](https://feedsoft.ai/events/69409-fci-rice-stocks-balloon-on-export-barrier-omss-failure-india-news-the-financial.md) | +1.3% | +2.7% |
| RICE | 2021-09-15 | [WTO: India’s interest in promoting wheat, rice exports may clash with G-33 proposal on MSP - The HinduBusinessLine](https://feedsoft.ai/events/45017-wto-india-s-interest-in-promoting-wheat-rice-exports-may-clash-with-g-33.md) | +3.1% | +2.0% |
| RICE | 2023-11-06 | [India to review export bans on wheat & rice, aims to fill shortfall in Kharif procurement - CNBC TV18](https://feedsoft.ai/events/33135-india-to-review-export-bans-on-wheat-and-rice-aims-to-fill-shortfall-in-kharif.md) | +4.2% | +4.2% |
| RICE | 2024-03-13 | [India Permits The Export Of Specific Rice Varieties To Tanzania, Djibouti, And Guinea Bissau](https://feedsoft.ai/events/31141-india-permits-the-export-of-specific-rice-varieties-to-tanzania-djibouti-and.md) | +1.3% | -2.0% |
| RICE | 2023-12-06 | [‘MEP imposed on Basmati to curb illegal export of white rice’  - The HinduBusinessLine](https://feedsoft.ai/events/32647-mep-imposed-on-basmati-to-curb-illegal-export-of-white-rice-the.md) | +0.5% | +0.7% |
| WHEAT | 2023-06-15 | [Express View on stockholding limits on wheat: Cap doesn’t fit \| The Indian Express](https://feedsoft.ai/events/35455-express-view-on-stockholding-limits-on-wheat-cap-doesn-t-fit-the-indian-express.md) | +4.2% | +0.3% |
| WHEAT | 2023-08-28 | [Central govt's restrictions on rice exports puts wheat and sugar in focus \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/34529-central-govt-s-restrictions-on-rice-exports-puts-wheat-and-sugar-in-focus.md) | -4.7% | -1.9% |
| WHEAT | 2021-09-15 | [WTO: India’s interest in promoting wheat, rice exports may clash with G-33 proposal on MSP - The HinduBusinessLine](https://feedsoft.ai/events/45017-wto-india-s-interest-in-promoting-wheat-rice-exports-may-clash-with-g-33.md) | -3.8% | +4.6% |

## Sources

- indianexpress.com: https://indianexpress.com/article/opinion/editorials/why-low-stocks-of-rice-wheat-and-sugar-shouldnt-push-india-to-curb-exports-8155974/

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