Market Trends and Supply Dynamics

Rice prices are under downward pressure globally, falling to $10.16/100 cwt on October 31 and expected to remain low with ample Asian supply. India’s rice stocks in government warehouses reached record highs in September, reinforced by a strong monsoon.

The global rice industry expects further price declines into early 2026 despite weather-related risks, due to robust production forecasts in major rice-growing countries. However, recent floods and cyclone damage may temper these outlooks regionally.