# Cheaper China rice, high MSP — what non-basmati exporters are blaming for dip in trade

> Indian non-basmati rice exports fell more than 37% in April to November 2019 compared with the same period in 2018, to 3.14 million tonnes. Bangladesh almost stopped buying, and exporters blame cheaper Chinese rice and high government minimum support prices.

- Date: 2020-01-22 · published 2020-01-22T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/55047-cheaper-china-rice-high-msp-what-non-basmati-exporters-are-blaming-for-dip-in
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Weaker export demand and competition from cheaper Chinese rice put downward pressure on Asian rice prices, and the trade body expects annual losses of Rs 8,000 to 10,000 crore.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-11-09 | [Non-basmati rice exports may shrink in 2022 - The Economic Times](https://feedsoft.ai/events/44028-non-basmati-rice-exports-may-shrink-in-2022-the-economic-times.md) | +6.1% | +4.3% |
| RICE | 2020-05-08 | [Non-basmati exports may rebound as India attracts new customers - The HinduBusinessLine](https://feedsoft.ai/events/53192-non-basmati-exports-may-rebound-as-india-attracts-new-customers-the.md) | +3.4% | +22.0% |
| RICE | 2025-02-19 | [Indian Exporters Urge Govt to Lift Ban on Broken Rice as Stocks Hit Record High - Agro & Food Processing](https://feedsoft.ai/events/26014-indian-exporters-urge-govt-to-lift-ban-on-broken-rice-as-stocks-hit-record-high.md) | -4.0% | -3.4% |
| 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 | 2018-08-01 | [Basmati exporters fear volume hit - The HinduBusinessLine](https://feedsoft.ai/events/63496-basmati-exporters-fear-volume-hit-the-hindubusinessline.md) | -8.4% | -11.1% |

## Sources

- theprint.in: https://theprint.in/economy/cheaper-china-rice-high-msp-what-non-basmati-exporters-are-blaming-for-dip-in-trade/352510/

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