Indian Rice Offer Prices Remain at Attractive Levels

12-Jan-2026 08:53 PM

Kakinada. India is the world's largest producer and exporter of rice, and its average annual contribution to the global export market remains at a high level of 40-42 percent. In fact, India's annual rice exports are greater than the combined shipments of the three other major suppliers:

Thailand, Vietnam, and Pakistan. Therefore, whenever there is any disruption in shipments from India, the price of rice in the global market rises rapidly. This has happened in both 2023 and 2024.

Currently, the average unit export offer price of Indian non-basmati rice is at a highly competitive and attractive level for importers, yet demand from importing countries remains weak.

It is understood that foreign buyers are waiting for a further softening of global rice prices. Due to weak demand, Indian exporters may have to further reduce their rice export offer prices by $15-20 per ton.

The depreciation of the rupee against the dollar to a record low has made Indian rice offer prices even more attractive.

With competitive pricing and vast stock availability, Indian rice is helping to regain the markets lost in 2023 and 2024. In 2025, India achieved a remarkable shipment of 215.50 lakh tons of rice,

including 151.50 lakh tons of non-basmati or common varieties and 64 lakh tons of basmati rice, which was the second highest level ever. This year, a record domestic rice production is expected during the Kharif season, while the rupee is also trading at a low level.