MUMBAI, DHAKA, BANGKOK, HANOI AND BENGALURU: Indian rice export prices were at an over one-year high this week, driven by improving demand and concerns over production due to flooding in rice-growing areas after a dry spell.
India’s 5percent broken parboiled variety was quoted at USD378-USD384 per ton this week, its highest since July 2025, and up from last week’s USD375-USD381. Indian 5percent broken white rice was priced at USD377 to USD382 per ton.
“Crop conditions are worsening rather than improving. That is pushing up paddy prices and prompting exporters to raise rice prices,” said a Mumbai-based trader.
India’s rice production is set to fall this year for the first time in a decade, and by the most in nearly 20 years, as below-normal rainfall during the crop’s maturation threatens to cut yields, industry officials told Reuters.
In Thailand, 5percent broken rice was offered at USD460 per ton, maintaining the same levels as last week, according to traders. “Demand is steady, coming from regular customers. There’s a trend that the Philippines should be buying more, as they’re likely to be hit by several more storms,” a trader said.