# Global rice prices drop over 10% after India lifts all curbs on exports   - The HinduBusinessLine

> Global rice prices have fallen over 10% in the past fortnight, following India's lifting of all export curbs and the arrival of new crops in Pakistan and Myanmar. Quotes show Indian 5% broken white rice at $444-448 a tonne, down from $488-492.

- Date: 2024-10-30 · published 2024-10-30T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/27798-global-rice-prices-drop-over-10-after-india-lifts-all-curbs-on-exports-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower Indian offers and new Pakistani and Myanmar supply are pushing down benchmark export prices, giving buyers cheaper feed-grade alternatives and signalling continued weakness in rice.

## Read by commodity

- RICE: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/global-rice-prices-drop-over-10-after-india-lifts-all-curbs-on-exports/article68814868.ece

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