# Global rice prices are now at an 18-month high

> The FAO All Rice Price Index rose 2.2% in September to 110.9 points, its highest in 18 months. Indica prices rose 3.4% after Indian export restrictions on broken rice and higher duties on non-boiled rice.

- Date: 2022-10-11 · published 2022-10-11T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/39207-global-rice-prices-are-now-at-an-18-month-high
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Indian export curbs tighten Asian supply and lift Indica benchmarks, supporting global rice prices and raising costs for importers.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-12-27 | [Global rice prices up 7% in a month on high demand, low supplies - The HinduBusinessLine](https://feedsoft.ai/events/32789-global-rice-prices-up-7-in-a-month-on-high-demand-low-supplies-the.md) | -2.4% | +3.7% |
| RICE | 2018-08-28 | [High rice prices a win for farmers – Piñol](https://feedsoft.ai/events/63601-high-rice-prices-a-win-for-farmers-pinol.md) | +3.2% | -6.0% |
| RICE | 2020-04-29 | [Bank forecasts rise in food prices next month](https://feedsoft.ai/events/9191-bank-forecasts-rise-in-food-prices-next-month.md) | -4.2% | -3.0% |
| RICE | 2024-05-07 | [Asian Rice Market On Edge: India's Export Restrictions Propel Global Prices](https://feedsoft.ai/events/30330-asian-rice-market-on-edge-india-s-export-restrictions-propel-global-prices.md) | +1.6% | -4.5% |
| RICE | 2023-08-03 | [Rice prices hit 11-year high as Indian export ban fuels supply fears - Nikkei Asia](https://feedsoft.ai/events/12034-rice-prices-hit-11-year-high-as-indian-export-ban-fuels-supply-fears-nikkei-asia.md) | +0.8% | +4.8% |

## Sources

- dhakatribune.com: https://www.dhakatribune.com/business/commerce/277943/global-rice-prices-are-now-at-an-18-month-high

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