Indian Rice Gains Traction Amid Competitive Pricing

Looking to import or Rice Suppliers? Here are some of the latest trends and updates on the global rice prices and its demands in different countries.

India, the world's leading rice exporter, has seen an uptick in demand for its 5% broken parboiled variety. This week, prices ranged from $536 to $544 per ton, a slight increase from last week's $531 to $539. The competitive pricing has attracted buyers, particularly from Africa, as Indian rice remains cheaper compared to offerings from other major exporters. A Mumbai-based trader highlighted that the price advantage has been a key factor in driving demand from African markets and key opportunities for rice exporters.