Indian rice export prices rose this week as below-normal rainfall delayed the planting of the new-season crop, sparking concerns about upcoming supply levels.
The 5% broken parboiled variety, a key benchmark for the global market, was quoted at $340-$345 per ton, reflecting the tightening conditions in the world's largest rice exporter.
The price increase comes amid broader regional pressure on food staples.
Rice prices in Indonesia have climbed for the sixth consecutive month, defying the presence of record-high state reserves held by the logistics agency Bulog.
This persistent upward trend in Southeast Asia underscores the fragility of global rice supply chains despite ample stockpiles in some importing nations.
In India, the agricultural headwinds are compounding existing macroeconomic challenges.