# Q1 rice exports may be hit as parboiled prices increase on Govt procurement - Supply Chain Council of European Union | Scceu.org

> Indian government procurement of parboiled rice for free food grain distribution has raised domestic parboiled prices by $20-30 a tonne. Trade sources say the purchases are tied to Omicron-related lockdown fears and stock-building through late 2023.

- Date: 2022-01-11 · published 2022-01-11T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/43113-q1-rice-exports-may-be-hit-as-parboiled-prices-increase-on-govt-procurement
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Heavier state buying tightens domestic supply and lifts parboiled prices, which may reduce India's Q1 export availability and support international rice quotes.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-10-27 | [Government procurement to boost rural economy with Rs 50,000 crore to 2 million farmers - Supply Chain Council of European Union \| Scceu.org](https://feedsoft.ai/events/50612-government-procurement-to-boost-rural-economy-with-rs-50-000-crore-to-2-million.md) | +2.1% | +1.2% |
| RICE | 2020-06-16 | [Indian Government Has Imposed A 20% Duty On The Export Of Parboiled Rice Basmati Rice , - Eastgate Export](https://feedsoft.ai/events/52579-indian-government-has-imposed-a-20-duty-on-the-export-of-parboiled-rice-basmati.md) | -16.1% | -3.0% |
| RICE | 2023-07-25 | [India’s new ban on rice exports: Potential threats to global supply, prices, and food security \| IFPRI](https://feedsoft.ai/events/34967-india-s-new-ban-on-rice-exports-potential-threats-to-global-supply-prices-and.md) | -4.5% | -4.2% |
| RICE | 2023-08-03 | [Rice prices hit 11-year high as Indian export ban fuels supply fears - Nikkei Asia](https://feedsoft.ai/events/12034-rice-prices-hit-11-year-high-as-indian-export-ban-fuels-supply-fears-nikkei-asia.md) | +0.8% | +4.8% |
| RICE | 2018-07-14 | [MSP increase could hit non-basmati rice exports \| India News - The Indian Express](https://feedsoft.ai/events/64101-msp-increase-could-hit-non-basmati-rice-exports-india-news-the-indian-express.md) | +1.0% | -10.7% |

## Sources

- scceu.org: https://scceu.org/q1-rice-exports-may-be-hit-as-parboiled-prices-increase-on-govt-procurement/

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