Rice Export Offer Prices Rise Due to Supply Complexities

11-Sep-2026 12:08 PM

Hyderabad: Rice export offer prices have climbed to a nearly one-year high, driven by complex supply and availability conditions and robust demand from importing countries. Concerns regarding a decline in rice production are mounting due to a reduction of over 1.6 million hectares in the Kharif paddy cultivation area and a weak monsoon performance caused by the El Niño effect.

Trade analysts are revising rice production estimates downward in light of the rainfall deficit. Rainfall in August was 13 percent below the long-period average, and monsoon rains are expected to remain deficient in September as well; the cumulative rainfall deficit has already reached 16 percent.

During the current week, the export offer price for Indian 5% broken parboiled (Sela) and raw (white) rice improved to $368–$373 per tonne.

Meanwhile, the export offer price for Vietnamese 5% broken rice remained steady at $440–$445 per tonne. The harvest of the summer-autumn paddy crop there is nearing completion, and the pace of rice supplies has begun to slow down. Demand for Vietnamese rice is also declining; although rice imports by the Philippines are rising, importers there are sourcing supplies from other countries alongside Vietnam. Vietnam's total rice exports for the current year are projected to reach approximately 7.74 million tonnes.

Rice prices in Bangladesh remain high, and the government is struggling to bring them down. The government has cut the export quota for aromatic rice by 50 percent. While approval had been granted for the export of 45,270 tonnes of this rice, only 2,419 tonnes had been shipped by August 30. The export offer price for Thai 5% broken rice has risen to $488 per tonne from $483–$485 per tonne last week.