# As Fears Over Rice Exports Grow, India May Continue Selling - Bloomberg

> Top Indian rice shippers say the government is unlikely to restrict grain exports, as the country has enough supply for domestic demand. The farm ministry forecasts record 2019-20 rice output of 117.47 million tonnes and wheat output of up to 106.21 million tonnes.

- Date: 2020-04-03 · published 2020-04-03T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/53616-as-fears-over-rice-exports-grow-india-may-continue-selling-bloomberg
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expectations of continued Indian exports ease fears of a global supply squeeze, which weighs on rice and wheat prices. Confirmation of no curbs would reduce the risk premium in world markets.

## Read by commodity

- RICE: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-12-30 | [India: Rice exports surge after easing of curbs](https://feedsoft.ai/events/26929-india-rice-exports-surge-after-easing-of-curbs.md) | +0.7% | +3.2% |
| RICE | 2019-12-20 | [Rice Exports from India Fall, Prices Recover after Hitting 5 Year Low - Grainmart News](https://feedsoft.ai/events/55558-rice-exports-from-india-fall-prices-recover-after-hitting-5-year-low-grainmart.md) | +1.8% | +4.8% |
| RICE | 2018-11-12 | [India's rice exports drop in April-September, pulses surge: government body](https://feedsoft.ai/events/62002-india-s-rice-exports-drop-in-april-september-pulses-surge-government-body.md) | +2.8% | +0.5% |
| RICE | 2021-08-10 | [India re-emerges as rice and wheat exporter  \| World Grain](https://feedsoft.ai/events/45526-india-re-emerges-as-rice-and-wheat-exporter-world-grain.md) | +1.2% | -2.2% |
| RICE | 2022-06-02 | [Exclusive \| India pushes for rice exports as bumper harvest swells supply](https://feedsoft.ai/events/40905-exclusive-india-pushes-for-rice-exports-as-bumper-harvest-swells-supply.md) | -1.3% | -4.1% |
| WHEAT | 2021-08-10 | [India re-emerges as rice and wheat exporter  \| World Grain](https://feedsoft.ai/events/45526-india-re-emerges-as-rice-and-wheat-exporter-world-grain.md) | +3.4% | +5.1% |
| WHEAT | 2018-08-14 | [U.S. Farm-Export Prices Drop Most Since 2011 - Bloomberg](https://feedsoft.ai/events/63561-u-s-farm-export-prices-drop-most-since-2011-bloomberg.md) | +0.3% | +7.0% |
| WHEAT | 2019-05-14 | [Increasing Black Sea exports are influencing price](https://feedsoft.ai/events/58941-increasing-black-sea-exports-are-influencing-price.md) | +11.5% | +10.0% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2020-04-03/as-fears-over-rice-exports-grow-india-s-likely-to-keep-selling

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