Indian Rice Export Prices Remain Stable Despite Weak Demand

03-Apr-2026 12:12 PM

Hyderabad: Global rice trade is being adversely affected by the crisis in West Asia and elevated shipping costs. Top rice-exporting nations—such as India, Thailand, Vietnam, Pakistan, and Myanmar—are currently grappling with these challenges.

During the current week, the export offer price for Indian parboiled rice (5% broken) was recorded in the range of $341 to $348 per tonne, remaining unchanged from the previous week. Similarly, the export offer price for white rice (5% broken) also held steady at $336–$341 per tonne.

Although shipping charges have risen significantly, exporters have been able to maintain stable rice offer prices thanks to substantial fluctuations in the Indian Rupee's exchange rate against the US Dollar.

Exporters note that, due to high shipping costs, African nations are currently purchasing rice in limited quantities to meet their demand. Furthermore, the Iran-Israel conflict is having some impact on Basmati rice exports to countries in the Gulf region.

Meanwhile, in Vietnam, the export offer price for 5% broken rice surged from $350–$355 per tonne last week to reach $375 per tonne this week.

According to exporters, rice supplies have begun to dwindle as the harvest and processing of the winter-spring paddy crop enter their final stages; additionally, a shortage of fuel has driven up production costs.

A similar crisis prevails in Thailand, where the rice export offer price has risen from $365 per tonne last week to the current range of $370–$375 per tonne. In Bangladesh, domestic market prices for rice have also risen significantly.