Prices of rice exported from India and Vietnam were stagnant this week as high prices deterred buyers, while Thai rates were at a five-week-low on muted demand.
India’s 5% broken parboiled variety was quoted at $355-$360 per ton, unchanged from the last week. Indian 5% broken white rice was priced at $350-$355 per ton.
The prices were steady near their highest level in three months as demand was subdued.
“Buyers are reluctant to place orders at the current price levels. They are seeking lower prices, but sellers are unable to offer them as the rupee is appreciating,” said a Kolkata-based exporter.
Meanwhile, Vietnam’s 5% broken rice was offered at $360-$365 per metric ton, unchanged from a week ago, according to traders.
“Traders are slowing down their activities on weak external demand,” a Ho Chi Minh City-based trader said.
Asia rice: India rates at 3-month high; demand fears grip Thai, Vietnam traders
“Demand is forecast to remain weak for the rest of this year,” the trader said, adding that the Philippines and Indonesia will likely limit their purchases while India is expected to ramp up its supplies.
China and Africa only buy when prices are really low, he said.
Vietnam’s rice exports in 2025 fell 11.3% to 8 million tons, government data showed. Rice export revenues in the year fell 27.6% to $4.1 billion.
Thailand’s 5% broken rice was quoted at $385 per ton, a five-week-low, and down from $410 last week.
Demand has been quiet since the start of the year, a Bangkok-based trader said. There was news that India would open an auction, so exporters are waiting to see process, the trader added.
Supply has not been released, but production should do well, the trader said.
Elsewhere, Bangladesh plans to buy 300,000 metric tons of rice through international tenders by June as it struggles to control rising prices of the staple food.
The government is also importing rice from Pakistan after trade between the two countries resumed, aiming to increase supply and ease pressure on the local market.
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