Indian rice export price rises slightly due to improved global demand

19-Jun-2025 08:43 PM

Hyderabad. The export offer price of Indian rice has risen slightly as demand from major importing countries has started to strengthen again. In contrast, rice prices in Thailand and Vietnam have remained soft due to sluggish selling activity amid steady supply.

According to reports, the export offer price for Indian 5 percent broken Sela rice, which was $378–384 per tonne last week, has increased to $380–386 per tonne this week.

Similarly, the price of 5 percent broken white rice, a major export category for India, has edged up to $373–377 per tonne.

Exporters attribute this modest price rise to two primary factors: renewed demand from African and Asian countries and a weakening Indian rupee against the US dollar. The depreciating rupee is giving Indian exporters a competitive edge, making Indian rice more attractive in international markets.

Domestically, India’s rice supply remains smooth, with abundant exportable stocks. Government warehouses also hold ample reserves.

As of June 1, the central pool held 595 lakh tonnes of rice, including rice acquired through custom milling from paddy. This volume is roughly four times the minimum required buffer stock for July 1.

The Indian government has lifted all restrictions and duties on commercial rice exports across all varieties, supporting a free flow of shipments.

Meanwhile, in other major rice-exporting countries, prices have dipped slightly. In Vietnam, the export offer price declined from $388 to $387 per tonne, while in Thailand, it fell from $398 to $397 per tonne. Vietnam, in particular, is focusing on increasing rice exports to China to counterbalance soft global prices.