◂ Event Timeline

May 5, 2026TRADEIndia

Indian non-basmati rice prices fall to multiyear low amid Africa policy disruption, new crop arrivals

Indian non-basmati rice prices fell to multiyear lows, with Platts India Parboiled 5% at $324/mt FOB on May 5. African import restrictions in Senegal, Benin and Burkina Faso, plus new crop arrivals, weighed on the market.

WHY IT MATTERS

Lower Indian export prices and African import curbs signal ample supply and weaker demand for rice in export markets.

AFFECTSRough Rice▼

SOURCE
spglobal.comNamarita KathaitMay 5, 2026

Price reaction & history

Rough Rice▼bearishSO FAR1d +3.0%5d +4.6%20d +11.3%

After 141 past bearish trade events, Rough Rice moved a median +0.6% over 5 sessions (57% higher; middle half -2.3% to +2.4%), and -0.6% over 20.

May 12, 2021Non-basmati rice exports surge in FY21 due to global demand, savvy pricing | Economy & Policy News - Business Standard-2.8%
Mar 17, 2026Vietnam fragrant 5% rice prices fall to record low amid weak demand, ample supply | S&P Global-3.9%
Jul 29, 2025Myanmar B1, B2 broken rice prices hit 5.5-year low amid sluggish demand | S&P Global-1.5%
Dec 23, 2020India’s Rice Exports up 33%, Likely to Export 10 million Non-Basmati Rice this Year - Grainmart News-1.3%
Dec 17, 2025Indonesia’s Rice Import Halt Pushes Down Global Prices: Food Minister | INP | Indonesian National Police+3.3%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Rough Rice RICE · GP ▸

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