# Indian rice prices up; Thai higher prices dampen demand - Markets - Business Recorder

> Indian 5% broken parboiled rice rose to $385-$391 per tonne on robust demand from Asian buyers, including purchases of 100% broken rice for feed. Thai benchmark prices held at $520-$526 and were hurt by a strong baht that dampened overseas demand, while Bangladesh sought to rebuild reserves.

- Date: 2021-01-23 · published 2021-01-23T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/49240-indian-rice-prices-up-thai-higher-prices-dampen-demand-markets-business-recorder
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Feed-grade broken rice demand from Asian buyers supports Indian prices, while Thai rates that stay high cap export volumes and keep the global price floor firm.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-01-07 | [Indian prices rise; high Thai rates stoke competition worries - Markets - Business Recorder](https://feedsoft.ai/events/49239-indian-prices-rise-high-thai-rates-stoke-competition-worries-markets-business.md) | +3.7% | +4.9% |
| RICE | 2023-12-28 | [Asia rice-Thai rates soar to 15-year highs - Markets - Business Recorder](https://feedsoft.ai/events/32790-asia-rice-thai-rates-soar-to-15-year-highs-markets-business-recorder.md) | -1.9% | +4.2% |
| RICE | 2021-03-18 | [Asia rice: India, Vietnam rates gain on robust demand; BD eyes - Markets - Business Recorder](https://feedsoft.ai/events/48197-asia-rice-india-vietnam-rates-gain-on-robust-demand-bd-eyes-markets-business.md) | +1.4% | -1.2% |
| RICE | 2022-06-10 | [Asia rice: India rates rise as fears of export curb accelerate demand - Markets - Business Recorder](https://feedsoft.ai/events/41014-asia-rice-india-rates-rise-as-fears-of-export-curb-accelerate-demand-markets.md) | -1.7% | -2.0% |
| RICE | 2021-01-29 | [ASIA RICE-India prices hit 2-yr peak; Vietnam grapples with supply woes - Markets - Business Recorder](https://feedsoft.ai/events/49238-asia-rice-india-prices-hit-2-yr-peak-vietnam-grapples-with-supply-woes-markets.md) | -2.7% | -4.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40055177

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