Rice prices › India
India rice export prices
India white rice 5% was $360 per tonne (FOB export) in February 2026, unchanged over the month and down 14.1% over the year. This is the latest published figure: USDA releases these prices several months late.
Data updated: 3 Nov 2026 · rice.ag checks every source daily
India's rice export policy: Exports open
No rice export restrictions in force. USDA expects record Indian exports of about 25 million tonnes in 2026/27 even with output down about 4.6%, and government stocks are around three times the buffer norm. The warning sign to watch is Indian retail rice prices: they have started rising on El Niño talk, and in July 2023 India banned exports when domestic prices rose, despite large stocks.
Checked 2 Nov 2026 · FEWS NET, 2026–27 El Niño food security impacts (6 Oct 2026) · Weekly brief
Last five years
US dollars per tonne. Interactive charts with full history →
- India white rice 5%
- India white rice 25%
- India parboiled 5%
- India Pusa basmati
Latest prices
Changes compare the latest price with the price about one month and one year earlier. Download all data (CSV)
| Series | Basis | USD/t | THB/t | Date | 1 mo | 1 yr | Source |
|---|---|---|---|---|---|---|---|
| India white rice 5% | milled · Export, FOB | 360 | 1 Feb 2026 · monthly | 0.0% | -14.1% | USDA | |
| India white rice 25% | milled · Export, FOB | 350 | 1 Feb 2026 · monthly | 0.0% | -13.4% | USDA, FAO | |
| India parboiled 5% | milled · Export, FOB | 360 | 1 Feb 2026 · monthly | 0.0% | -17.1% | USDA | |
| India Pusa basmati | milled · Export, FOB | 1,050 | 1 Jan 2025 · monthly | 0.0% | -25.0% | USDA |
India is the world's largest rice exporter, with roughly 40% of global trade in recent years, so its export policy moves prices everywhere. It restricted broken rice in 2022 and banned non-basmati white rice exports in July 2023, and lifted those curbs in 2024 and 2025.
The Indian quotes here come from USDA, which publishes them a few months late. For direction in between, watch Thai and Vietnamese quotes and the policy status below.
What moves these prices
- Export policy: bans, duties and minimum export prices have repeatedly reset world prices.
- The monsoon, which waters most of the kharif (main) crop.
- Government stocks and minimum support prices paid to farmers.
- The rupee against the dollar.
How to read these numbers
FOB is the price loaded on a ship at the exporter's port, before freight and insurance. Most export prices are exporters' offers, not done deals. A tonne of paddy mills to roughly 0.6–0.7 t of rice. USDA and FAO prices are monthly and published late. For information only, not trading advice. How the history is spliced, and all sources