# Centre doubles open market rice sale target to 5 mn tonnes to cool prices

> India doubled its FY2026-27 open-market rice sale target to 5 million tonnes from 2.5 million tonnes, with another 2.5 million tonnes scheduled for sale over the remaining five months. The government had already sold 2.5 million tonnes by October 31, as rising prices and forecasts of lower production—especially in southern states—prompted the move.

- Date: 2026-11-10 · published 2026-11-10T15:06:18.340Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/91877-centre-doubles-open-market-rice-sale-target-to-5-mn-tonnes-to-cool-prices
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Additional government stocks should augment domestic rice availability and moderate Indian prices. The expected production shortfall is a countervailing supply risk, but the larger sales target is bearish for domestic rice prices.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-09-27 | [Centre cuts export duty on parboiled rice to 10% \| Mint](https://feedsoft.ai/events/12951-centre-cuts-export-duty-on-parboiled-rice-to-10-mint.md) | +1.6% | +0.8% |
| RICE | 2019-08-29 | [Volatile palay price blamed on Rice Tariffication Law , Punto! Central Luzon](https://feedsoft.ai/events/57675-volatile-palay-price-blamed-on-rice-tariffication-law-punto-central-luzon.md) | +3.1% | +6.6% |
| RICE | 2019-05-08 | [Rice crisis over? Philippines looks at removal of suggested retail prices as market stabilises](https://feedsoft.ai/events/59173-rice-crisis-over-philippines-looks-at-removal-of-suggested-retail-prices-as.md) | +1.6% | +9.4% |
| RICE | 2024-10-28 | [West African rice market adjusts to price drops after India ends export duty \| S&P Global](https://feedsoft.ai/events/27916-west-african-rice-market-adjusts-to-price-drops-after-india-ends-export-duty-s.md) | -1.7% | +0.4% |
| RICE | 2017-07-28 | [Rice Procurement Target & Export issue with Europe - Mundus Agri](https://feedsoft.ai/events/69949-rice-procurement-target-and-export-issue-with-europe-mundus-agri.md) | +0.6% | +0.4% |

## Sources

- business-standard.com: https://www.business-standard.com/industry/agriculture/centre-doubles-open-market-rice-sale-target-to-5-mn-tonnes-to-cool-prices-126111000857_1.html

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