India's rice export prices climbed to their highest level in more than a year, according to VietnamPlus's weekly round-up of world farm markets published on 24 October 2026. India's 5% broken parboiled rice was offered at $387-392 per tonne, up from $384-389 a week earlier, helped by a stronger rupee and tighter supplies. Over the same week, Vietnam's 5% broken rice stayed at $440-450 per tonne and Thailand's held at $480.
Export quotes side by side
| Country | Grade | Price this week ($ per tonne) | Versus previous week |
|---|---|---|---|
| India | 5% broken parboiled | 387-392 | Up from 384-389 |
| India | 5% broken white | 389-394 | Not given |
| Vietnam | 5% broken | 440-450 | Unchanged |
| Thailand | 5% broken | 480 | Steady |
The table is compiled by KBVN+ from figures carried by VietnamPlus. On these quotes, Vietnamese 5% broken rice costs about $51-56 per tonne more than India's 5% broken white rice and $30-40 less than Thailand's 5% broken grade. Both ends of India's parboiled range rose by $3 per tonne.
Why Indian prices are rising
Beyond the currency and supply, the crop outlook is also a factor. Industry officials expect India's rice output this year to fall for the first time in a decade after below-average rainfall during the growing season.
Elsewhere in South Asia, rice prices in Bangladesh stayed high because of rising fuel costs, adding to the financial strain on consumers there.
Vietnam: steady prices, Philippine orders expected
For Vietnamese exporters, India's increase did not move their offer prices during the week. Traders said overseas demand remained stable and expected further orders from the Philippines in mid-November 2026. Customs data show Vietnam had exported 6.6 million tonnes of rice worth $3.2 billion as of 15 October.
In other farm markets the picture was mixed: Chicago soybean futures rose, while coffee, sugar and cocoa came under pressure. Robusta coffee fell 1.9% to $3,301 per tonne and Arabica lost 1.2% to $3.1245 per lb.
What to watch
The next marker traders pointed to is the expected Philippine buying in mid-November 2026. In India, the question is whether output actually falls as forecast after below-average rains in the growing season. For the wider regional picture, see Thailand's rice exports fall 19.26% in first nine months and Cambodia passes one million tonnes of rice exports by October 19.