# Basmati exports to gain momentum as Iran lifts seasonal ban on rice imports - The HinduBusinessLine

> Iran has reportedly lifted its seasonal ban on rice imports that normally runs from July to mid-November, which should help Indian basmati shipments. Exporters say high freight rates and container shortages remain constraints, and Iran's crop may be below normal.

- Date: 2021-11-09 · published 2021-11-09T12:00:00.000Z
- Category: trade · region Iran · magnitude medium
- Page: https://feedsoft.ai/events/44025-basmati-exports-to-gain-momentum-as-iran-lifts-seasonal-ban-on-rice-imports-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Reopened Iranian demand for basmati, Iran's largest buying market, supports Indian rice export prices. Container and freight constraints limit how fast that demand can convert into shipments.

## Read by commodity

- RICE: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-01-29 | [Non-basmati rice emerges as top agri export produce in April-Dec - The HinduBusinessLine](https://feedsoft.ai/events/49097-non-basmati-rice-emerges-as-top-agri-export-produce-in-april-dec-the.md) | -2.7% | -4.8% |
| RICE | 2024-05-15 | [India’s rice exports dip 27% in FY24 to 16.35 mt on shipment curbs    - The HinduBusinessLine](https://feedsoft.ai/events/30202-india-s-rice-exports-dip-27-in-fy24-to-16-35-mt-on-shipment-curbs-the.md) | -0.7% | -2.6% |
| RICE | 2022-04-11 | [Indian broken rice exports likely to face supply problems - The HinduBusinessLine](https://feedsoft.ai/events/41915-indian-broken-rice-exports-likely-to-face-supply-problems-the-hindubusinessline.md) | +4.9% | +4.5% |
| RICE | 2017-06-26 | [Rice exports seen picking up on Bangladesh, Sri Lanka demand - The HinduBusinessLine](https://feedsoft.ai/events/70441-rice-exports-seen-picking-up-on-bangladesh-sri-lanka-demand-the.md) | +2.2% | +7.9% |
| RICE | 2018-05-16 | [Feeding the Dragon: Prospects brighten for non-basmati rice exports  - The HinduBusinessLine](https://feedsoft.ai/events/65000-feeding-the-dragon-prospects-brighten-for-non-basmati-rice-exports-the.md) | -1.2% | -3.2% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/basmati-exports-to-gain-momentum-asiran-lifts-seasonal-ban-on-rice-imports/article37406305.ece

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