# Rice exports from India to take a hit this year - Commodities News | The Financial Express

> Indian rice exports for 2021/22 are expected to fall to about 12 million tonnes as freight costs rise, containers are scarce and port congestion builds, with 15 vessels waiting at Kakinada. Exporters have forward contracts of 1-1.2 million tonnes monthly through November.

- Date: 2021-08-17 · published 2021-08-17T12:00:00.000Z
- Category: logistics · region India · magnitude medium
- Page: https://feedsoft.ai/events/45523-rice-exports-from-india-to-take-a-hit-this-year-commodities-news-the-financial
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower Indian export volumes and logistics bottlenecks tighten global rice supply, which supports Asian rice export prices.

## Read by commodity

- RICE: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-07-31 | [Virus slows Indian rice exports; heavy flooding hits Bangladesh - The HinduBusinessLine](https://feedsoft.ai/events/52087-virus-slows-indian-rice-exports-heavy-flooding-hits-bangladesh-the.md) | -0.5% | +9.4% |
| RICE | 2020-09-11 | [ieport News on India's Export Import Matters: India rice prices hit 18-month peak as coronavirus strains export logistics](https://feedsoft.ai/events/51190-ieport-news-on-india-s-export-import-matters-india-rice-prices-hit-18-month.md) | -2.6% | +0.6% |
| RICE | 2020-08-17 | [Vietnamese rice export prices climb to over 8-year high - Markets - Business Recorder](https://feedsoft.ai/events/51704-vietnamese-rice-export-prices-climb-to-over-8-year-high-markets-business.md) | +3.4% | +2.7% |
| RICE | 2022-01-17 | [Indian rice traders stop new export deals due to shortage of freight trains \| Stock Market News](https://feedsoft.ai/events/43112-indian-rice-traders-stop-new-export-deals-due-to-shortage-of-freight-trains.md) | +5.6% | +6.1% |
| RICE | 2021-11-24 | [Freight and drought bite as the Californian Japonica rice market heads into 2022 - Commodities Focus](https://feedsoft.ai/events/44114-freight-and-drought-bite-as-the-californian-japonica-rice-market-heads-into.md) | -3.2% | -3.5% |

## Sources

- prelaunch.financialexpress.com: https://prelaunch.financialexpress.com/market/commodities-rice-exports-from-india-to-take-a-hit-this-year-2312671/

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