# Indian rice exports gain momentum - Markets - Business Recorder

> Indian rice exports gained momentum after an additional port, Kakinada deepwater, was opened to ease congestion that had pushed waiting times up to four weeks. India's 5% broken parboiled rice eased to $395-$401 a tonne from a multi-year high, while Thai and Vietnamese prices remained firm.

- Date: 2021-02-21 · published 2021-02-21T12:00:00.000Z
- Category: logistics · region India · magnitude low
- Page: https://feedsoft.ai/events/48701-indian-rice-exports-gain-momentum-markets-business-recorder
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Faster loading at Kakinada should cut demurrage costs and lift export volumes, adding supply to a market where Asian prices are already softening. Lower Indian quotes ease pressure on global rough rice values.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-06-28 | [Asia rice: High shipping cost dents Indian rates - Markets - Business Recorder](https://feedsoft.ai/events/29839-asia-rice-high-shipping-cost-dents-indian-rates-markets-business-recorder.md) | +1.1% | -9.1% |
| RICE | 2024-11-13 | [After export ban removal, Indian rice enters global markets amid shipping uncertainties](https://feedsoft.ai/events/27374-after-export-ban-removal-indian-rice-enters-global-markets-amid-shipping.md) | +1.9% | +1.5% |
| RICE | 2021-02-19 | [India Rice Exports Pick Up as Additional Port Opened - Equitypandit](https://feedsoft.ai/events/48703-india-rice-exports-pick-up-as-additional-port-opened-equitypandit.md) | +0.6% | +2.4% |
| RICE | 2020-06-14 | [Labour shortage and scarcity of containers at ports hit India’s rice exports - DST - Daily Shipping Times](https://feedsoft.ai/events/52587-labour-shortage-and-scarcity-of-containers-at-ports-hit-india-s-rice-exports.md) | -12.7% | +0.7% |
| RICE | 2021-02-04 | [Andhra Pradesh Moves To Leverage Rice Exports At Time Of Global Shortage](https://feedsoft.ai/events/48579-andhra-pradesh-moves-to-leverage-rice-exports-at-time-of-global-shortage.md) | -1.6% | -0.1% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40066267

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