# Asian rice prices are under pressure from both supply and demand.

> Asian rice markets were quiet in late February, with Indian and Vietnamese 5% broken prices stable at $350-$365 per ton and Thai rice at $385. The Philippines plans to cut monthly imports from 400,000 tons to 150,000 tons starting March 2026.

- Date: 2026-02-28 · published 2026-02-28T12:00:00.000Z
- Category: trade · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/12576-asian-rice-prices-are-under-pressure-from-both-supply-and-demand
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Abundant supply and the reduced Philippine import pace weigh on Asian export prices, while buyers shifting to cheaper Vietnamese rice further pressure competitors.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-10-03 | [Asia rice-waning demand prompts Indian, Thai exporters to lower prices - The Business Times](https://feedsoft.ai/events/56650-asia-rice-waning-demand-prompts-indian-thai-exporters-to-lower-prices-the.md) | +2.5% | -0.1% |
| RICE | 2026-03-17 | [Vietnam fragrant 5% rice prices fall to record low amid weak demand, ample supply \| S&P Global](https://feedsoft.ai/events/20260-vietnam-fragrant-5-rice-prices-fall-to-record-low-amid-weak-demand-ample-supply.md) | -3.9% | -5.2% |
| RICE | 2026-03-05 | [Asia rice: India rates ease as supply mounts and rupee falls, Vietnam prices steady - Markets - Business Recorder](https://feedsoft.ai/events/20262-asia-rice-india-rates-ease-as-supply-mounts-and-rupee-falls-vietnam-prices.md) | +5.1% | +8.1% |
| RICE | 2025-01-30 | [Weak international export demand drives Platts Asian rice prices lower \| S&P Global](https://feedsoft.ai/events/26580-weak-international-export-demand-drives-platts-asian-rice-prices-lower-s-and-p.md) | -4.5% | -6.0% |
| RICE | 2019-10-11 | [India’s Rice Exports Drops 29% due to Less Demand from African Countries](https://feedsoft.ai/events/56516-india-s-rice-exports-drops-29-due-to-less-demand-from-african-countries.md) | -0.4% | -2.2% |

## Sources

- vietnam.vn: https://www.vietnam.vn/en/gia-gao-chau-a-chiu-ap-luc-tu-ca-phia-cung-va-cau

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.