# Asia rice: India rates ease as supply mounts and rupee falls, Vietnam prices steady - Markets - Business Recorder

> Indian 5% broken parboiled rice was quoted at $348-$353 per metric ton, down from the prior week. The rupee fell to a record low, and about 400,000 tons of Indian basmati were held at ports and in transit as freight rates more than doubled after the Iran attack.

- Date: 2026-03-05 · published 2026-03-05T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/20262-asia-rice-india-rates-ease-as-supply-mounts-and-rupee-falls-vietnam-prices
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Surplus Indian supplies and a weaker rupee lower export prices, while higher freight costs stall deals and add to the downward pressure on Asian rice values.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-09-21 | [Asia rice: India’s export curbs stall trade; prices in other hubs decline - Markets - Business Recorder](https://feedsoft.ai/events/34185-asia-rice-india-s-export-curbs-stall-trade-prices-in-other-hubs-decline-markets.md) | +1.3% | -0.6% |
| RICE | 2021-05-06 | [Prices drop to mid-November lows as India reels from COVID-19 surge - Markets - Business Recorder](https://feedsoft.ai/events/11300-prices-drop-to-mid-november-lows-as-india-reels-from-covid-19-surge-markets.md) | -2.8% | -5.9% |
| RICE | 2025-02-21 | [ASIA RICE-Sluggish demand, high supplies pin Vietnam rates to over 3-year low \| MarketScreener](https://feedsoft.ai/events/26126-asia-rice-sluggish-demand-high-supplies-pin-vietnam-rates-to-over-3-year-low.md) | -4.8% | -4.6% |
| 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 | 2024-07-12 | [Bangkok Post - Asia rice - Vietnam, Thai rates dip as eyes turn to India](https://feedsoft.ai/events/4450-bangkok-post-asia-rice-vietnam-thai-rates-dip-as-eyes-turn-to-india.md) | -18.6% | -14.6% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40410269

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