Global Demand Weakens, Rice Export Offer Prices Soften

17-Jan-2026 03:00 PM

Hyderabad: The global rice market is witnessing a softening of prices due to excess supply and limited demand. India has a huge exportable stock of rice due to record production,

while importing countries in Asia and Africa are not showing any urgency in purchasing it. Rice export offer prices have already fallen significantly, and importers are waiting for further declines.

As a result, rice export offer prices from India and Thailand fell further this week, while prices in Vietnam remained stable.

There is intense competition among Asian countries on the rice export front. The export offer price for 5% broken Indian parboiled rice has fallen from $355-360 per ton last week to $353-358 per ton,

and the price for 5% broken Indian white rice has decreased from $354 per ton to $350 per ton. According to analysts, weak demand and the depreciation of the rupee are contributing to the softening of rice offer prices.

The Chhattisgarh Rice Exporters Association says that foreign importers are currently showing very little interest in buying rice because they expect prices to fall further.

The global rice market is likely to remain under pressure throughout 2026, as major exporting countries may continue to compete intensely to sell their stocks. On a positive note, countries like the Philippines and Senegal have lifted restrictions on rice imports. This will provide some relief to exporters in Vietnam and India.

In Vietnam, the export offer price for 5% broken rice, which was $360-365 per ton last week, was recorded at $362-366 per ton this week.

In Thailand, the export offer price for 5% broken rice also fell to $370-375 per ton, the lowest level since December 4, 2025.