# India rice prices extend declines on rupee plunge

> Indian rice export prices fell for a third straight week to a 15-month low, with 5% broken parboiled quoted at $440-447 per tonne. The decline reflects rupee depreciation and higher supply, and African demand is firm as buyers take advantage of lower prices.

- Date: 2024-11-08 · published 2024-11-08T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/27486-india-rice-prices-extend-declines-on-rupee-plunge
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A weaker rupee lets Indian exporters cut dollar prices, which pressures global rice benchmarks and reduces the cost of rice in feed markets.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-08-22 | [Rupee slide pushes India rice rates to 7-week low, Vietnamese exports dip](https://feedsoft.ai/events/57671-rupee-slide-pushes-india-rice-rates-to-7-week-low-vietnamese-exports-dip.md) | +3.9% | +13.3% |
| RICE | 2025-02-19 | [How the falling rupee is lowering Indian food prices for UAE shoppers](https://feedsoft.ai/events/26013-how-the-falling-rupee-is-lowering-indian-food-prices-for-uae-shoppers.md) | -4.0% | -3.4% |
| RICE | 2018-05-17 | [Bangkok Post - Thai, India rice prices hurt by weaker currencies](https://feedsoft.ai/events/12668-bangkok-post-thai-india-rice-prices-hurt-by-weaker-currencies.md) | -5.0% | -2.0% |
| RICE | 2025-09-01 | [Rupee plunges to all-time low on steep US tariffs, logs 4th month of loss](https://feedsoft.ai/events/23600-rupee-plunges-to-all-time-low-on-steep-us-tariffs-logs-4th-month-of-loss.md) | -3.8% | -3.6% |
| RICE | 2020-06-30 | [Rupee depreciation to help boost Indian farm, textile and jewellery exports \| Finance Other News - Business Standard](https://feedsoft.ai/events/52895-rupee-depreciation-to-help-boost-indian-farm-textile-and-jewellery-exports.md) | +20.6% | -16.6% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40331322/india-rice-prices-extend-declines-on-rupee-plunge

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