Page 7 - India Rice Exports

Global food supply faces turmoil with rice set to climb: Reports

The restrictions are threatening to ignite inflation for yet another key commodity, and may deprive some of the globe's poorest nations of a crucial element of their diet.

Unnecessary restrictions

Curbs on rice exports are ill-advised

India's rice exports may fall by 4-5 million tonnes post ban, 20% duty

India's rice exports could fall by 4-5 million tonnes this fiscal year due to imposition of ban on broken rice as well as export duty on non-basmati rice, except for parboiled grains, exporters said. India, which commands 40 per cent share in the global rice trade, exported 21.23 million tonnes of rice in 2021-22 fiscal as against 17.78 million tonnes in the previous year. Before the COVID pandemic, the exports were 9.51 million tonnes in the 2019-20 fiscal. During April-August period of the current financial year, the government data showed that the country has already exported 9.35 million tonnes as against 8.36 million tonnes in the year-ago period. "The exports may fall to 16-17 million tonnes in this financial year because of ban on broken rice and 20 per cent export duty," All India Rice Exporters Association (AIREA) former president Vijay Setia told PTI. He said the country was exporting non-basmati rice for USD 380-400 per tonne, lower than the rate of shipments from other

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Output of kharif rice may drop by 4-5 mn tonnes due to drought: Govt

In full 2021-22, around 81,000 tonnes of broken rice was allotted from FCI's godowns for ethanol production

India's broken rice exports had gained over 90% in FY22, shows data

China is the biggest recipient of India's broken rice exports

India's rice export rates hit one-year peak on high demand from Bangladesh

Prices of rice exported from India held firm near their highest level in more than a year this week as demand from neighbouring Bangladesh remained strong

India restricts rice exports to increase domestic supplies, ease prices

India exports rice to more than 150 countries, and any reduction in its shipments would increase upward pressure on food prices

Centre imposes 20% export duty on non-Basmati rice from September 9

The price of rice variants has risen 6-20 per cent in major markets across the country due to drop in acreage, stoking fears of a 6-10 mt fall in kharif production this year, compared to last year

Govt imposes 20% export duty on non-Basmati rice from Sept 9

Below-average rainfall in key rice-producing states such as West Bengal, Bihar and Uttar Pradesh has raised concerns over rice production in India

Rice export ban won't lower inflation or meaningfully improve food security

The last time India blocked grain exports, in 2007 and 2008, the decision precipitated a years-long food-security crisis

Centre has no plans as of now to curb rice exports, says report

The government has no plans as of now to impose any restrictions on exports of rice and there are adequate buffer stocks to meet the domestic requirements, according to an official source. There were some discussions on imposing curbs on rice exports but no decision has been taken yet. The government is unlikely to put in any place restrictions, the source said. India, the world's second largest rice producer after China, commands 40 per cent share in the global trade. The country exported 21.2 million tonnes of rice in 2021-22 fiscal year, of which 3.94 million tonnes were basmati rice. It exported non-basmati rice worth USD 6.11 billion in the same period, as per official data. The country exported non-basmati rice to more than 150 countries in 2021-22. With area under coverage for paddy down by 6 per cent to 367.55 lakh hectares so far this kharif sowing season due to less rains in some states, there are concerns that production of rice may fall in the 2022-23 crop year ...

Govt working to avoid panic over rice with targeted curbs on export

India accounts for 40% of the global rice trade so any change in its export policy has huge implications for the billions of people who depend on the staple

Govt weighs curbs on exports of 100% broken rice after paddy area shrinks

The potential export curbs could lift rice prices globally because India accounts for more than 40% of the world's rice shipments.

Basmati rice exports increase by 26% in Q1 to $1.15 bn: Commerce Ministry

Exports of agricultural and processed food products rose by 31 per cent in the quarter to USD 7.4 billion.

Global rice supplies at risk as harsh weather hits top exporters: Analysis

Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is threatening to reduce the output of the world's most important food staple and stoke food inflation.

World's food supply faces new threat after India's rice crop falters

The threat to India's rice production comes at a time when countries are grappling with soaring food costs and rampant inflation

India has ample rice stocks, no plans to curb exports, says food secretary

India, the world's biggest rice exporter, has ample stocks of rice and there is no plan to restrict exports, the top official at the food ministry said on Monday

Indian rice farmers look forward to a good monsoon and a better harvest

Rice has come into focus recently on worries that India may restrict exports of the crop next, after similar moves in wheat and sugar

India's protectionist moves spark concern that rice may be next target

India has stockpiled more than enough rice and prices have been under control