# Rice and shine: Parboiled prices soar as global markets heat up - Thailandtv.news

> Parboiled rice prices rose this week as demand improved in India and Thailand, with Indian 5% broken parboiled quoted at US$445 to 453 per tonne, its highest since October. Indian 5% broken white rice also rose, while Vietnamese traders reported stagnant sales. The article links the rally to India scrapping its export tax on parboiled rice and removing a floor price on non-basmati white rice.

- Date: 2024-11-29 · published 2024-11-29T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/27018-rice-and-shine-parboiled-prices-soar-as-global-markets-heat-up-thailandtv-news
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Removal of India's export tax and floor price opens more supply to world buyers, and renewed import orders are lifting global rice values. Feed-grade broken rice is typically priced off these export quotes.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-04-28 | [Rice price in Thailand shoots up as demand spikes during pandemic \| Inquirer News](https://feedsoft.ai/events/6053-rice-price-in-thailand-shoots-up-as-demand-spikes-during-pandemic-inquirer-news.md) | -4.6% | -4.3% |
| RICE | 2022-11-16 | [Vietnam rice prices gain top spot on global markets](https://feedsoft.ai/events/38754-vietnam-rice-prices-gain-top-spot-on-global-markets.md) | +0.9% | -5.8% |
| RICE | 2022-08-29 | [Thailand, Vietnam to cooperate in raising rice price in global market: Official \| The Straits Times](https://feedsoft.ai/events/40101-thailand-vietnam-to-cooperate-in-raising-rice-price-in-global-market-official.md) | +0.4% | +0.2% |
| RICE | 2024-08-28 | [Global factors affecting cotton and rice markets - Brownfield Ag News](https://feedsoft.ai/events/28865-global-factors-affecting-cotton-and-rice-markets-brownfield-ag-news.md) | +0.2% | -1.9% |
| RICE | 2022-07-05 | [As prices of parboiled rice surge, export demand for India’s broken rice picks up - The HinduBusinessLine](https://feedsoft.ai/events/40563-as-prices-of-parboiled-rice-surge-export-demand-for-india-s-broken-rice-picks.md) | +1.1% | +3.3% |

## Sources

- thailandtv.news: https://thailandtv.news/rice-and-shine-parboiled-prices-soar-as-global-markets-heat-up/
- thethaiger.com: https://thethaiger.com/news/national/rice-prices-skyrocket-global-exporters-brace-for-fierce-competition

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