# Asia rice: India prices hover near 3-month low on surplus supply - Markets - Business Recorder

> Indian 5% broken parboiled rice hovered near a three-month low at $528-$536 per ton amid sluggish demand. Thai rates rose to $588-$595, and Vietnam exported 3.23 million tons in the first four months, up 11.7%.

- Date: 2024-05-02 · published 2024-05-02T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/30326-asia-rice-india-prices-hover-near-3-month-low-on-surplus-supply-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Abundant Indian supply weighs on global rice prices while Thai strength offsets some pressure. The net effect is a soft to stable rice price outlook.

## Read by commodity

- RICE: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40301428

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