# Government has no plans as of now to curb rice exports: Official source

> An official source said the Indian government has no current plans to restrict rice exports and that adequate buffer stocks exist. Paddy area is down 6% due to low rainfall, raising concerns about 2022-23 output.

- Date: 2022-08-30 · published 2022-08-30T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/39989-government-has-no-plans-as-of-now-to-curb-rice-exports-official-source
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The denial reduces the near-term probability of an export curb, easing upward pressure on rice prices, though weaker planting still raises longer-term supply concerns.

## Read by commodity

- RICE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2022-09-05 | 1 | -3.0% | -3.2 | An official denial of plans to curb Indian rice exports eased supply-disruption fears and could have removed some risk premium, which fits a price drop, though it dates from 30 Aug, several days before the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-08-01 | [Supreme Court seeks government's response on non-basmati rice export ban](https://feedsoft.ai/events/28732-supreme-court-seeks-government-s-response-on-non-basmati-rice-export-ban.md) | -0.6% | -0.8% |
| RICE | 2024-10-23 | [Non-basmati rice \| Government removes minimum export price on overseas shipments of non-basmati white rice - Telegraph India](https://feedsoft.ai/events/27800-non-basmati-rice-government-removes-minimum-export-price-on-overseas-shipments.md) | -1.2% | -0.2% |
| RICE | 2024-07-10 | [Government to resume wheat sale from FCI stock; may take a call on lifting ban in rice exports - Times of India](https://feedsoft.ai/events/29224-government-to-resume-wheat-sale-from-fci-stock-may-take-a-call-on-lifting-ban.md) | -15.8% | -11.1% |
| RICE | 2025-03-07 | [India allows exports of broken rice to cut stockpiles](https://feedsoft.ai/events/25548-india-allows-exports-of-broken-rice-to-cut-stockpiles.md) | +4.9% | +1.4% |

## Sources

- newindianexpress.com: https://www.newindianexpress.com/business/2022/Aug/30/government-has-no-plans-as-of-now-to-curb-rice-exports-official-source-2493085.html

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