# Feeding the Dragon: Prospects brighten for non-basmati rice exports  - The HinduBusinessLine

> India's government asked rice millers to register with its plant protection agency so that Chinese authorities can approve them for exports. A phytosanitary protocol between India's Agriculture Ministry and China's customs administration is being finalized. India currently ships only a small share of China's rice imports, which come mainly from Thailand, Vietnam and Pakistan.

- Date: 2018-05-16 · published 2018-05-16T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/65000-feeding-the-dragon-prospects-brighten-for-non-basmati-rice-exports-the
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Access for Indian mills to China, the largest rice importer, would add export demand and could firm Asian rice prices. The effect is modest until registrations and the protocol are finalized.

## Read by commodity

- RICE: bullish ▲
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-12-21 | [SEA seeks level-playing field for palm oil exporter-importer  - The HinduBusinessLine](https://feedsoft.ai/events/49529-sea-seeks-level-playing-field-for-palm-oil-exporter-importer-the.md) | +0.6% | +2.7% |
| PALMOIL | 2019-08-20 | [Malaysia set to outpace Indonesian palm oil exports to India - Business - The Jakarta Post](https://feedsoft.ai/events/57466-malaysia-set-to-outpace-indonesian-palm-oil-exports-to-india-business-the.md) | +1.6% | +4.4% |
| PALMOIL | 2023-02-14 | [Analyst sees minimal impact on CPO price after Indonesia tightens exports](https://feedsoft.ai/events/37445-analyst-sees-minimal-impact-on-cpo-price-after-indonesia-tightens-exports.md) | +1.8% | -0.3% |
| PALMOIL | 2022-10-11 | [DATA DIVE - How Indonesia's export ban affected its own, and Malaysia's, shipments - Grain Price News](https://feedsoft.ai/events/15787-data-dive-how-indonesia-s-export-ban-affected-its-own-and-malaysia-s-shipments.md) | -1.3% | +14.2% |
| PALMOIL | 2019-08-28 | [Singapore's palm-oil plays endure a sullen month - The Business Times](https://feedsoft.ai/events/57681-singapore-s-palm-oil-plays-endure-a-sullen-month-the-business-times.md) | -0.4% | +0.6% |
| RICE | 2021-01-29 | [Non-basmati rice emerges as top agri export produce in April-Dec - The HinduBusinessLine](https://feedsoft.ai/events/49097-non-basmati-rice-emerges-as-top-agri-export-produce-in-april-dec-the.md) | -2.7% | -4.8% |
| RICE | 2022-04-11 | [Indian broken rice exports likely to face supply problems - The HinduBusinessLine](https://feedsoft.ai/events/41915-indian-broken-rice-exports-likely-to-face-supply-problems-the-hindubusinessline.md) | +4.9% | +4.5% |
| RICE | 2017-06-26 | [Rice exports seen picking up on Bangladesh, Sri Lanka demand - The HinduBusinessLine](https://feedsoft.ai/events/70441-rice-exports-seen-picking-up-on-bangladesh-sri-lanka-demand-the.md) | +2.2% | +7.9% |

## Sources

- asiapacificex.com: https://www.asiapacificex.com/resources/news-feed/singapore-asia-pacific-exchange-apex-launches-its-palm-olein-futures
- reuters.com: https://www.reuters.com/article/business/new-singapore-exchange-kicks-off-trading-with-palm-oil-futures-idUSKCN1IQ0IE/
- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/feeding-the-dragon-prospects-brighten-for-non-basmati-rice-exports/article23905415.ece

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