Rice prices were supported over the last month by dry weather in Thailand and India’s recent decision to ban some rice exports—India had hitherto been the world’s largest rice exporter. Rice prices averaged USD 635 per metric ton in September, up 7.1% from August’s price and 47.3% higher year on year. On 29 September, rice traded at USD 612 per metric ton, 5.3% lower month on month.
Rice (prices in US$/mt, aop)
Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | |
---|---|---|---|---|---|---|---|---|
Rice | - | - | - | - | 424 | 446 | 427 | 444 |