# Indian rice exports face threat from Asian peers, including Pakistan | Economy & Policy News - Business Standard

> Indian non-basmati rice exports are expected to drop this year due to high procurement costs under the minimum support price and the lack of a long-term export policy. Competitors Pakistan, Thailand and Vietnam are gaining share, and global rice output is forecast lower.

- Date: 2019-09-07 · published 2019-09-07T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/57016-indian-rice-exports-face-threat-from-asian-peers-including-pakistan-economy-and
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Uncompetitive Indian pricing shifts demand to Asian rivals, and a lower global production forecast tightens the rice trade balance, which is supportive for rough rice prices.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-07-26 | [India Rice Export Ban: Global rice markets in turmoil as India bans export of non-basmati \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/35135-india-rice-export-ban-global-rice-markets-in-turmoil-as-india-bans-export-of.md) | -0.5% | -2.8% |
| RICE | 2018-07-24 | [China clears 14 Indian rice companies for export amid trade war with US \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/63989-china-clears-14-indian-rice-companies-for-export-amid-trade-war-with-us-economy.md) | -0.3% | -14.4% |
| RICE | 2021-06-10 | [India's agriculture exports jump 17.34% to $41.25 billion in FY21 \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/46519-india-s-agriculture-exports-jump-17-34-to-41-25-billion-in-fy21-economy-and.md) | -5.5% | -4.6% |
| RICE | 2019-03-28 | [Basmati rice export may hit a record level of Rs 30,000 cr this season \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/60053-basmati-rice-export-may-hit-a-record-level-of-rs-30-000-cr-this-season-economy.md) | -4.3% | -8.8% |
| RICE | 2023-08-16 | [How India’s ban on some rice exports is ricocheting around the world \| Business and Economy News \| Al Jazeera](https://feedsoft.ai/events/34651-how-india-s-ban-on-some-rice-exports-is-ricocheting-around-the-world-business.md) | -0.6% | +3.4% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/indian-rice-exports-face-threat-from-asian-peers-including-pakistan-119090700771_1.html

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