# Factors affecting rice exporters in India this week - by Shah Nanji Nagsi

> Indian rice exporters face a weaker rupee, breakbulk shipments of 193,000 MT to West Africa, and strong government paddy procurement that has kept domestic prices high. Storage shortages are forcing the government to delay farmer deliveries.

- Date: 2019-02-16 · published 2019-02-16T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/60556-factors-affecting-rice-exporters-in-india-this-week-by-shah-nanji-nagsi
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Firm Indian domestic paddy prices raise export offer costs, which supports global rice prices. Possible Nigerian import restrictions could cut West African demand.

## Read by commodity

- RICE: bullish ▲

## Sources

- shahnn.com: https://shahnn.com/market-report-16-feb-2019/

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