# Trends - Asia rice markets - Business Recorder

> Indian rice prices edged up in late October on a stronger rupee and supply concerns, while heavy rain in key rice-producing states made traders anxious about the crop. Bangladesh was also dealing with cyclone damage.

- Date: 2022-10-27 · published 2022-10-27T12:00:00.000Z
- Category: weather · region Asia · magnitude low
- Page: https://feedsoft.ai/events/39208-trends-asia-rice-markets-business-recorder
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Weather-related crop risk in India and cyclone impacts in Bangladesh support rice prices into the new season.

## Read by commodity

- RICE: bullish ▲
- USDINR: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2022-10-31 | 1 | +4.0% | 4.8 | Heavy rain in Indian rice states and Bangladesh cyclone damage raised crop and supply concerns in late October, a bullish factor for rice prices ahead of the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-07-15 | [Asia rice: India rates steady as supply risks offset rupee dive - Markets - Business Recorder](https://feedsoft.ai/events/40565-asia-rice-india-rates-steady-as-supply-risks-offset-rupee-dive-markets-business.md) | +5.2% | +5.8% |
| RICE | 2023-06-15 | [Asia rice: Vietnam rice prices jump on low supply; traders flag El Nino risks - Markets - Business Recorder](https://feedsoft.ai/events/6881-asia-rice-vietnam-rice-prices-jump-on-low-supply-traders-flag-el-nino-risks.md) | -0.1% | +0.6% |
| RICE | 2026-10-22 | [Asia rice: Indian prices hit more than one-year high on strong rupee, tight supply - Markets - Business Recorder](https://feedsoft.ai/events/17169-asia-rice-indian-prices-hit-more-than-one-year-high-on-strong-rupee-tight.md) | -0.4% | — |
| RICE | 2026-06-04 | [Asia rice: Vietnam prices rise on El Nino concerns; Bangladesh rates stay high amid heatwave - Markets - Business Recorder](https://feedsoft.ai/events/18867-asia-rice-vietnam-prices-rise-on-el-nino-concerns-bangladesh-rates-stay-high.md) | -1.6% | +2.2% |
| RICE | 2023-06-06 | [Will dry weather and export restrictions make the rice market volatile? \| The Business Standard](https://feedsoft.ai/events/35561-will-dry-weather-and-export-restrictions-make-the-rice-market-volatile-the.md) | +9.6% | +1.9% |

## Sources

- brecorder.com: https://www.brecorder.com/trends/asia-rice-markets

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