# Asia rice: Thin supply propels rates in India to fresh record high - Markets - Business Recorder

> Indian 5% broken parboiled rice reached a record $542-$550 per ton as supplies stayed limited after government purchases. Thai and Vietnamese quotes eased slightly during the Lunar New Year slowdown.

- Date: 2024-02-08 · published 2024-02-08T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/31741-asia-rice-thin-supply-propels-rates-in-india-to-fresh-record-high-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Record Indian parboiled prices reflect tight supply and firm demand, supporting global rice values, though slow Asian trade during the holiday limits near-term gains.

## Read by commodity

- RICE: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40287963

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