# Rice prices climb on improved overseas demand, fresh crop supply caps gains | Commodity - Food & Edible Oils - Business Standard

> Indian 5% broken parboiled rice rose $2 to $399-$402 per tonne on improved demand from Bangladesh and Sri Lanka, with African buyers also inquiring. Thai 5% broken rose to $380-$387 FOB Bangkok, supported by Hom Mali's 'World's Best Rice' award and a South Korean tender. Traders said demand was slow and new crops could cap prices.

- Date: 2017-11-16 · published 2017-11-16T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/5277-rice-prices-climb-on-improved-overseas-demand-fresh-crop-supply-caps-gains
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Stronger export inquiries support Asian rice export quotes, but expected new-crop arrivals from late November limit the upside. The net price effect for feed buyers is modest.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-11-16 | [India rice prices rise on improved demand, fresh supply caps gains](https://feedsoft.ai/events/68058-india-rice-prices-rise-on-improved-demand-fresh-supply-caps-gains.md) | +2.8% | -3.1% |
| RICE | 2017-11-04 | [Rice drives India's agri exports \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/67956-rice-drives-india-s-agri-exports-commodity-food-and-edible-oils-business.md) | -1.1% | +7.9% |
| RICE | 2020-07-01 | [Spurt in domestic, export demand pushes basmati price by 10% in a month \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/7940-spurt-in-domestic-export-demand-pushes-basmati-price-by-10-in-a-month-commodity.md) | +12.5% | -21.5% |
| RICE | 2024-02-21 | [The impact of India’s rice export restrictions on global markets, supplies and prices \| The Business Standard](https://feedsoft.ai/events/31740-the-impact-of-india-s-rice-export-restrictions-on-global-markets-supplies-and.md) | -1.0% | -2.4% |
| RICE | 2021-12-02 | [Demand for Indian rice to remain robust this season, say exporters - Commodities News \| The Financial Express](https://feedsoft.ai/events/43557-demand-for-indian-rice-to-remain-robust-this-season-say-exporters-commodities.md) | -0.9% | +4.5% |

## Sources

- business-standard.com: https://www.business-standard.com/article/markets/rice-prices-climb-on-improved-overseas-demand-fresh-crop-supply-caps-gains-117111601442_1.html

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