# Press Release:Press Information Bureau

> India's cereal exports spiked in 2020-21, with non-basmati rice shipped to nine new destinations, where volumes rose to 1.53 lakh tonnes from about 200 tonnes. The government attributes the gains to stakeholder collaboration and market access efforts.

- Date: 2021-06-21 · published 2021-06-21T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/46514-press-release-press-information-bureau
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Expansion of Indian rice into new markets adds incremental export demand, a modestly supportive factor for rice prices, though volumes are small globally.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-06-10 | [Press Release: Press Information Bureau](https://feedsoft.ai/events/46513-press-release-press-information-bureau.md) | -5.5% | -4.6% |
| RICE | 2021-02-10 | [Press Release:Press Information Bureau](https://feedsoft.ai/events/48578-press-release-press-information-bureau.md) | -1.3% | -1.2% |
| RICE | 2020-05-15 | [COVID-19-related trade restrictions on rice and wheat could drive up prices and increase hunger](https://feedsoft.ai/events/53102-covid-19-related-trade-restrictions-on-rice-and-wheat-could-drive-up-prices-and.md) | -7.9% | -7.8% |
| RICE | 2017-06-17 | [Rice prices increase in both domestic, foreign markets \| VOV.VN](https://feedsoft.ai/events/70560-rice-prices-increase-in-both-domestic-foreign-markets-vov-vn.md) | -1.3% | +3.9% |
| RICE | 2023-05-01 | [India Non-Basmati Rice Export Prices Surge.](https://feedsoft.ai/events/36007-india-non-basmati-rice-export-prices-surge.md) | +3.9% | -1.8% |

## Sources

- pib.gov.in: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1729115

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