# Asia Rice-India export prices hit 9-month peak as demand recovers

> Rice prices in top exporter India hit a nine-month high this week, driven by renewed demand from African buyers. Supplies remain constrained by coronavirus lockdowns, and drought in Thailand supported rates amid a lack of new deals.

- Date: 2020-05-01 · published 2020-05-01T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/9190-asia-rice-india-export-prices-hit-9-month-peak-as-demand-recovers
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tighter Indian export supply and firm African demand point to higher global rice prices, which can lift costs for rice-based feed ingredients and substitute grains.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-07-31 | [Thai, Vietnamese prices hit over decade highs on India curbs rice export](https://feedsoft.ai/events/35130-thai-vietnamese-prices-hit-over-decade-highs-on-india-curbs-rice-export.md) | +2.1% | +0.4% |
| RICE | 2017-06-02 | [Asia Rice-Importer demand pushes prices. - Mundus Agri](https://feedsoft.ai/events/70558-asia-rice-importer-demand-pushes-prices-mundus-agri.md) | +1.6% | +4.9% |
| RICE | 2022-07-05 | [As prices of parboiled rice surge, export demand for India’s broken rice picks up - The HinduBusinessLine](https://feedsoft.ai/events/40563-as-prices-of-parboiled-rice-surge-export-demand-for-india-s-broken-rice-picks.md) | +1.1% | +3.3% |
| RICE | 2023-05-01 | [India Non-Basmati Rice Export Prices Surge.](https://feedsoft.ai/events/36007-india-non-basmati-rice-export-prices-surge.md) | +3.9% | -1.8% |

## Sources

- reuters.com: https://www.reuters.com/article/asia-rice/rpt-asia-rice-india-export-prices-hit-9-month-peak-as-demand-recovers-idUSL4N2CI554/

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