Now Reading: Indian rice export prices hold near 10-month high
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Indian rice export prices hold near 10-month high
Indian rice export prices stayed near a 10-month high this week as rising domestic paddy prices and El Niño-related supply concerns supported the market, The Hindu Businessline reports. India’s 5 per cent…
The Story in Brief
Indian rice export prices stayed near a 10-month high this week as rising domestic paddy prices and El Niño-related supply concerns supported the market, The Hindu Businessline reports. India’s 5 per cent broken parboiled rice was quoted at $358 to $364 per metric ton, while white rice was priced at $357 to $363. Indian rice exports rose 5 per cent in the first half of 2026, as stronger non-basmati shipments offset lower basmati exports after the Iran war disrupted Gulf trade.
Thai 5 per cent broken rice rose to $455 to $460 per ton from $450, while Vietnamese prices held at $430 to $450 on weak demand. Bangladesh prices remained high after flooding damaged crops. Vietnam’s Food Association is seeking a $500 export floor for fragrant rice and a 7,000-dong floor for fresh paddy.
The Indian Opinion
Talk of an imminent rice shortage risks overstating what the prices show. Indian exports are still rising, while Thailand expects shipments to decline and Vietnam reports weak demand. Climate risks and flood damage deserve attention, but buyers are also purchasing cautiously, and Indonesia has sufficient production, according to traders cited by The Hindu Businessline. The clearer test will be whether Indian export prices move above the current $358 to $364 range as the next harvest arrives.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
