# Suspend basmati rice exports to Iran till situation improves: Trade body advisory to members – Firstpost

> The All India Rice Exporters Association advised members not to execute further basmati shipments to Iran until the situation improves. Around Rs 900 crore of payments from earlier exports remains outstanding, and Iran had already withheld payments in 2019 after US sanctions.

- Date: 2020-01-06 · published 2020-01-06T12:00:00.000Z
- Category: geopolitics · region India · magnitude medium
- Page: https://feedsoft.ai/events/55051-suspend-basmati-rice-exports-to-iran-till-situation-improves-trade-body
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A formal trade-body halt on Iran, a key basmati market worth roughly Rs 10,800 crore a year, cuts export demand and could pressure domestic basmati prices.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2026-03-02 | [Rice exporters to meet Apeda as Gulf tensions threaten $6 billion basmati trade \| Mint](https://feedsoft.ai/events/12575-rice-exporters-to-meet-apeda-as-gulf-tensions-threaten-6-billion-basmati-trade.md) | +4.9% | +6.7% |
| RICE | 2026-03-04 | [Basmati rice prices fall in local market as Iran war disrupts exports - The Economic Times](https://feedsoft.ai/events/12574-basmati-rice-prices-fall-in-local-market-as-iran-war-disrupts-exports-the.md) | +3.1% | +7.5% |
| RICE | 2020-01-13 | [AgroPages-Tensions between US and Iran hit Basmati rice export-Agricultural news](https://feedsoft.ai/events/55158-agropages-tensions-between-us-and-iran-hit-basmati-rice-export-agricultural-news.md) | +3.4% | +4.7% |
| RICE | 2019-05-01 | [How the US move on Iran oil could hit India's basmati rice exports \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/59033-how-the-us-move-on-iran-oil-could-hit-india-s-basmati-rice-exports-economy-and.md) | +3.6% | +14.0% |
| RICE | 2020-01-17 | [Karnal to stop rice export to Iran](https://feedsoft.ai/events/55052-karnal-to-stop-rice-export-to-iran.md) | +1.9% | -0.0% |

## Sources

- firstpost.com: https://www.firstpost.com/business/suspend-basmati-rice-exports-to-iran-till-situation-improves-trade-body-advisory-to-members-7864541.html

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