# food - The Hindu

> Indian rice exporters must now obtain a Certificate of Inspection from an export inspection agency to ship basmati and non-basmati rice to EU countries. The requirement follows a tightened EU maximum residue limit for the fungicide tricyclazole in basmati. India exports about 300,000 tonnes of basmati to the EU each year.

- Date: 2019-11-06 · published 2019-11-06T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/56036-food-the-hindu
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The added certification step can slow shipments and raise costs for Indian rice sold into the EU, which weighs on export demand and prices for Indian rice. The effect is most concentrated in the basmati segment.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-09-21 | [Q1 basmati exports up 32% - The HinduBusinessLine](https://feedsoft.ai/events/68937-q1-basmati-exports-up-32-the-hindubusinessline.md) | -7.1% | -6.7% |
| 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% |
| RICE | 2019-03-17 | [India may push exports via G2G trade for food products - The Economic Times](https://feedsoft.ai/events/60052-india-may-push-exports-via-g2g-trade-for-food-products-the-economic-times.md) | +4.5% | -2.5% |
| RICE | 2020-02-05 | [Rice exports may fall by 20 per cent this fiscal  - The HinduBusinessLine](https://feedsoft.ai/events/54540-rice-exports-may-fall-by-20-per-cent-this-fiscal-the-hindubusinessline.md) | +0.1% | -1.3% |
| RICE | 2021-09-22 | [Rice exports from India lose steam in the current quarter - The HinduBusinessLine](https://feedsoft.ai/events/45022-rice-exports-from-india-lose-steam-in-the-current-quarter-the-hindubusinessline.md) | +0.6% | -0.9% |

## Sources

- thehindu.com: https://www.thehindu.com/news/national/rice-exporters-require-certification-of-inspection-to-export-to-european-union/article29898592.ece

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