# West Africa rice prices plummet as market grapples with oversupply

> West African rice prices plunged in late February as oversupply built after India removed its export duty on parboiled rice. Warehouses in Benin, Togo and Abidjan are full, and parboiled 5% rice was assessed at $454 per ton.

- Date: 2025-02-27 · published 2025-02-27T12:00:00.000Z
- Category: trade · region West Africa · magnitude low
- Page: https://feedsoft.ai/events/26128-west-africa-rice-prices-plummet-as-market-grapples-with-oversupply
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Full regional stocks and falling import prices reduce demand for new cargoes and keep global rice export values under pressure.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-01-23 | [West Africa rice importers decrease purchases amid oversupply, low demand](https://feedsoft.ai/events/26582-west-africa-rice-importers-decrease-purchases-amid-oversupply-low-demand.md) | -4.7% | -5.8% |
| RICE | 2026-02-28 | [Asian rice prices are under pressure from both supply and demand.](https://feedsoft.ai/events/12576-asian-rice-prices-are-under-pressure-from-both-supply-and-demand.md) | +4.9% | +6.7% |
| RICE | 2026-03-05 | [Asia rice: India rates ease as supply mounts and rupee falls, Vietnam prices steady - Markets - Business Recorder](https://feedsoft.ai/events/20262-asia-rice-india-rates-ease-as-supply-mounts-and-rupee-falls-vietnam-prices.md) | +5.1% | +8.1% |
| 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% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/022725-west-africa-rice-prices-plummet-as-market-grapples-with-oversupply

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