Global rice export prices decline w-o-w as demand slows; India bucks' trend

• Vietnam's prices drop sharply by $10/t
  
  
• Indian offers remain unchanged w-o-w
  
  

Global rice export prices (indicative FOB) slid w-o-w during the week ending 31 August 2025, under pressure from subdued demand. However, Indian export prices remained steady at $380/tonne (t), showing no change from the previous week.

Pakistan's prices dipped by $2/t w-o-w to $357/t, while Thailand recorded a sharper decline of $6/t to $370/t -- both reflecting softer demand in the market.

Vietnam, which had the highest export prices among key suppliers, registered a notable drop of $10/t. Prices fell to $393/t on 31 August against $403/t on 24 August, narrowing the country's premium over other origins.

The price corrections, particularly in Vietnam and Thailand, could be attributed to waning buying interest and competitive offers from rival exporters. Meanwhile, India's stable prices highlight consistent demand despite volatility in other markets.