# Asia rice: Weak rupee, fresh supply push India prices to 15-month low - Markets - Business Recorder

> Indian 5% broken parboiled rice export quotes fell to $442-$449 per ton, the lowest since July 2023, with white rice at $449-$455. Thai 5% broken rice slipped for a second week to $485-$495 per tonne as the baht weakened. Bangladesh is considering cutting rice import tariffs to 5% as local prices rise.

- Date: 2024-10-31 · published 2024-10-31T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/27913-asia-rice-weak-rupee-fresh-supply-push-india-prices-to-15-month-low-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Weaker rupee and new-season supply are pulling Asian export prices lower, and competition among exporters is intensifying, which points to softer global rice prices.

## Read by commodity

- RICE: bearish ▼
- USDINR: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40330016

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