# Bangkok Post - Thai, India rice prices hurt by weaker currencies

> Indian 5% broken parboiled rice prices fell $3 to $404-$408 per tonne, their lowest in five months, as the rupee weakened about 6% in 2018. Vietnamese 5% broken prices rose to $460-$465, the highest since August 2014, on stronger demand and limited supplies.

- Date: 2018-05-17 · published 2018-05-17T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/12668-bangkok-post-thai-india-rice-prices-hurt-by-weaker-currencies
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A weaker rupee lets Indian exporters cut dollar prices and gain competitiveness, pressuring global rice benchmarks, while Vietnam's firmer prices reflect tight supplies and Indonesian purchase plans.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-04-08 | [Weaker currencies push Indian, Thai rice export rates lower – Journalist Association of India (JAI)](https://feedsoft.ai/events/47686-weaker-currencies-push-indian-thai-rice-export-rates-lower-journalist.md) | -0.0% | +7.3% |
| RICE | 2019-11-05 | [Strong baht poses challenges to Thai rice farmers](https://feedsoft.ai/events/56135-strong-baht-poses-challenges-to-thai-rice-farmers.md) | +1.7% | +6.5% |
| RICE | 2024-11-08 | [India rice prices extend declines on rupee plunge](https://feedsoft.ai/events/27486-india-rice-prices-extend-declines-on-rupee-plunge.md) | +1.9% | +4.8% |
| RICE | 2018-01-31 | [Bangkok Post - Rice exporters fear strong baht may bite shipments](https://feedsoft.ai/events/67080-bangkok-post-rice-exporters-fear-strong-baht-may-bite-shipments.md) | +1.1% | -0.2% |
| RICE | 2026-02-18 | [Platts Thai 5% white rice at near one-month low; highest priced in Asia \| S&P Global](https://feedsoft.ai/events/12008-platts-thai-5-white-rice-at-near-one-month-low-highest-priced-in-asia-s-and-p.md) | -8.3% | +5.4% |

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1467354/thai-india-rice-prices-hurt-by-weaker-currencies

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