# Global rice prices have hit a floor, but India's supply glut will smother any gains | Reuters

> Global rice prices appear to have reached a floor after a weak rupee earlier drove prices lower. Currency recovery and government minimum support prices are limiting further declines, though large Indian supplies are expected to cap any gains.

- Date: 2025-05-07 · published 2025-05-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/24620-global-rice-prices-have-hit-a-floor-but-india-s-supply-glut-will-smother-any
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Abundant Indian rice supply caps upside for export prices, while the minimum support price provides a floor under exporter quotes.

## Read by commodity

- RICE: neutral

## Sources

- reuters.com: https://www.reuters.com/world/china/global-rice-prices-have-hit-floor-indias-supply-glut-will-smother-any-gains-2025-05-07/

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