# Rice prices near 10-month high, domestic rates up 10% 2026-08-07T04:45:18+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Indian rice export prices held near a 10-month high this week, with the 5% broken parboiled variety quoted at $358-364 per tonne, as rising domestic paddy prices and El Niño fears tightened supply. Domestically, non-basmati rice prices surged over 10% in the past few weeks on a demand-supply gap and a monsoon deficit of 11% as of August 7. The government raised the MSP for paddy to ₹2,441 a quintal for 2026-27, adding to the uptrend, said exporters. Millers report a slight shortage despite the agriculture ministry’s record production estimate of 154.02 million tonnes. Vietnam’s Food Association has proposed a floor export price of $500 per tonne for fragrant rice to protect producers. ## Coverage - thehindubusinessline.com - thehindubusinessline.com Tags: agriculture, El Nino, food exports, paddy, rice prices Canonical: https://indianopinion.org/indian-rice-export-prices-hold-near-10-month-high/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/indian-rice-export-prices-hold-near-10-month-high/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.