Indian rice export prices hold steady as global demand weakens. India's 5 percent broken parboiled rice remained unchanged at $341 to $348 per metric ton this week, with subdued demand driven by elevated freight rates and currency fluctuations. Vietnamese rates climbed to $375 per ton, up from $350-$355 previously, as domestic supplies tighten during the final stages of winter-spring harvest. Thailand's 5 percent broken rice increased slightly to $370-$375 per ton, primarily due to exchange rate movements. Geopolitical tensions in the Middle East have significantly impacted production costs, with higher fuel prices raising expenses for harvesting, transportation, and processing. African buyers remain cautious due to freight cost pressures, while Thai demand shows sporadic activity from European and select Asian markets.
