Indian rice prices hit a three-month high.

VTV.vn - In Asia, the price of Indian rice exports continues to rise to its highest level in about three months due to increasing domestic costs.

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Indian export rice prices rose this week to their highest level since October 2, 2025, with parboiled rice (5% broken) being offered at $355-360 per ton, up from $350-357 per ton last week.

According to traders, the reason is that domestic rice prices have risen sharply while demand in the international market remains weak. Umesh Jain, director of the export company Sponge Enterprises, said that African customers are currently not actively buying and are delaying orders in the hope that prices will fall.

Meanwhile, traders in Thailand and Vietnam are concerned about the continued sluggish global demand. Accordingly, the price of Thai 5% broken rice remained unchanged this week at $410 per ton. A trader in Bangkok said buyers have stopped new transactions since the Christmas holiday week. This trader commented that 2025 will be a very difficult year for both exporters and traders due to continuously falling prices.

Similarly, the price of Vietnamese 5% broken rice remained unchanged, offered at $360-365 per ton. A trader in Ho Chi Minh City said trading activity was quite sluggish while external demand remained weak. Traders expressed concerns that rice exports in 2026 would face more difficulties due to the possibility of the Philippines reimposing import quotas, Indonesia no longer being a major customer, and the forecast of strong supply from India.

Meanwhile, Bangladesh has selected Bagadiya Brothers, an Indian trading company, to supply 50,000 tons of rice at a price of $359.77 per ton. Rice prices in Bangladesh have risen by 15-20% in 2025 and remain high despite increased rice imports and reduced tariffs.

Source: https://vtv.vn/gia-gao-an-do-cham-muc-dinh-ba-thang-100260104092955716.htm