# Asia rice: Thai prices hit more than 1-year low, India rates rise on strong rupee - Markets - Business Recorder

> Thai 5% broken rice export prices fell to $550-$560 per ton, the lowest since July 2023, on quiet demand and competition from cheaper suppliers. Indian 5% parboiled prices edged up to $530-$536 per ton as a stronger rupee lifted quotes, though buyers held off awaiting export duty changes.

- Date: 2024-09-26 · published 2024-09-26T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/28369-asia-rice-thai-prices-hit-more-than-1-year-low-india-rates-rise-on-strong-rupee
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Lower Thai and Vietnamese offers combined with firmer Indian quotes signal a soft global rice market, with buyers waiting on India's policy moves to set the next price direction.

## Read by commodity

- RICE: bearish ▼
- USDINR: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40324170

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