Resumption of Broken Rice Exports to Ease Punjab’s Storage Issues

Chandigarh / Punjab : The resumption of broken rice exports is expected to alleviate Punjab’s growing storage issues and positively impact the agricultural sector. The export ban had led to an excess stockpile of rice in warehouses, creating logistical challenges for farmers and traders. Additionally, the international market experienced a significant drop in rice prices due to the absence of Indian exports, shifting trade towards competitors like Vietnam, Thailand, and Pakistan.

Before the ban, India was a major exporter of broken rice, shipping nearly 10 to 12 lakh tons annually. However, the restrictions disrupted trade flows, forcing international buyers to look for alternative sources. This not only affected India’s agricultural exports but also led to lower demand for rice from farmers, impacting their income. With the removal of export restrictions, Punjab’s warehouses are expected to free up space, ensuring better grain management for the upcoming harvest season.

Experts believe that reopening broken rice exports will stabilize global rice prices and restore India’s dominance in the market. The move will also benefit rice millers and traders who have faced difficulties due to the accumulated stock. The decision is likely to bring financial relief to the farming community, as demand for rice is expected to rise, improving market conditions.

The global rice trade dynamics have shifted significantly over the past year due to India’s restrictions. Countries that relied on Indian rice had to pay higher prices for alternatives, impacting food security in several regions. The return of Indian exports will help balance supply and demand, offering competitive pricing in the international market.

While the policy change is seen as a positive step, industry leaders emphasize the need for a long-term export strategy to prevent sudden disruptions in the future. Sustainable trade policies will ensure stability for farmers, exporters, and international buyers. As the global demand for rice continues to grow, India’s decision to resume broken rice exports is expected to strengthen its position as a key supplier in the global market.