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India Set to Curb Some Rice Exports in Risk to Global Supply

  • The government may restrict outbound shipments of broken rice
  • Rice planting has shrunk due to a lack of rains in some areas
Sacks of paddy rice for transportation at a wholesale grain market in Dankaur, Uttar Pradesh, India. 

Sacks of paddy rice for transportation at a wholesale grain market in Dankaur, Uttar Pradesh, India. 

Photographer: Anindito Mukherjee/Bloomberg
Updated on

India, the world’s biggest rice shipper, will likely restrict some exports as domestic supply is under threat, according to people with knowledge of the matter, a move that risks adding to the chaos in global food markets. 

The government is discussing curbs on broken rice exports, which account for almost 20% of India’s shipments abroad, as local prices have soared, said the people, who asked not to be identified as the information is private. Talks are in advanced stages and a decision may be announced soon, the people said.