# Mysteel Morning Report: Strong paddy, weak rice pattern continues; government support stabilizes indica paddy prices (2026-11-09)

> China’s rice market continued to show firmer paddy and weaker milled-rice prices, with new-crop supply pressuring ordinary japonica varieties while higher-quality rice retained support. Minimum-purchase-price programs in six provinces helped stabilize indica paddy after prices fell below the support level, while mills curbed output and worked down stocks amid new-crop and imported supply; India also increased public rice sales.

- Date: 2026-11-09 · published 2026-11-09T03:06:10.993Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/88480-mysteel-morning-report-strong-paddy-weak-rice-pattern-continues-government
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Government purchasing provides a floor for some Chinese indica paddy prices, but ample new-crop and imported supply and weak mill demand continue to weigh on the broader rice market. The near-term effect is mixed, with support for paddy but pressure on milled rice.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-09-10 | [Rice prices to stabilize in November: Piñol \| ABS-CBN](https://feedsoft.ai/events/63117-rice-prices-to-stabilize-in-november-pinol-abs-cbn.md) | -1.7% | -0.2% |
| RICE | 2021-06-09 | [India: Minimum support prices increased for monsoon crops 2021 - Global Trade Alert](https://feedsoft.ai/events/46517-india-minimum-support-prices-increased-for-monsoon-crops-2021-global-trade-alert.md) | -6.3% | -4.1% |
| RICE | 2018-09-14 | [Rice, wheat producing countries should be concerned about India's domestic support policy: US](https://feedsoft.ai/events/62997-rice-wheat-producing-countries-should-be-concerned-about-india-s-domestic.md) | -7.4% | +0.2% |
| RICE | 2019-07-17 | [Government to set SRPs for imported, local rice](https://feedsoft.ai/events/58171-government-to-set-srps-for-imported-local-rice.md) | +1.6% | -2.8% |
| RICE | 2019-10-17 | [Government Appoint Counsellors in 10 Countries to aid Agriculture Export](https://feedsoft.ai/events/56515-government-appoint-counsellors-in-10-countries-to-aid-agriculture-export.md) | -2.6% | -2.4% |

## Sources

- ncp.mysteel.com: https://ncp.mysteel.com/a/26110908/4365978861D213A5.html

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