# Asia rice: Indian prices hit more than one-year high on strong rupee, tight supply - Markets - Business Recorder

> Indian 5% broken parboiled rice was quoted at $387-$392/t in the week to October 22, the highest in more than a year. The rise was driven by a stronger rupee and tight supplies, with production expected to fall for the first time in a decade after below-normal rainfall.

- Date: 2026-10-22 · published 2026-10-22T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/17169-asia-rice-indian-prices-hit-more-than-one-year-high-on-strong-rupee-tight
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A production drop in India, the largest exporter, together with a firmer rupee raises export offers and supports global rice prices.

## Read by commodity

- RICE: bullish ▲
- USDINR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-07-15 | [Asia rice: India rates steady as supply risks offset rupee dive - Markets - Business Recorder](https://feedsoft.ai/events/40565-asia-rice-india-rates-steady-as-supply-risks-offset-rupee-dive-markets-business.md) | +5.2% | +5.8% |
| RICE | 2026-09-11 | [Indian rice export prices hit one-year high amid supply concerns - The HinduBusinessLine](https://feedsoft.ai/events/17447-indian-rice-export-prices-hit-one-year-high-amid-supply-concerns-the.md) | +1.0% | +7.8% |
| RICE | 2023-06-15 | [Asia rice: Vietnam rice prices jump on low supply; traders flag El Nino risks - Markets - Business Recorder](https://feedsoft.ai/events/6881-asia-rice-vietnam-rice-prices-jump-on-low-supply-traders-flag-el-nino-risks.md) | -0.1% | +0.6% |
| RICE | 2022-10-27 | [Trends - Asia rice markets - Business Recorder](https://feedsoft.ai/events/39208-trends-asia-rice-markets-business-recorder.md) | +7.2% | +12.4% |
| RICE | 2026-06-04 | [Asia rice: Vietnam prices rise on El Nino concerns; Bangladesh rates stay high amid heatwave - Markets - Business Recorder](https://feedsoft.ai/events/18867-asia-rice-vietnam-prices-rise-on-el-nino-concerns-bangladesh-rates-stay-high.md) | -1.6% | +2.2% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40445465/asia-rice-indian-prices-hit-more-than-one-year-high-on-strong-rupee-tight-supply

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