Rice Futures Remain Below $10

2025-12-22 10:32 By Luisa Carvalho 1 min. read

Rice futures traded below $10 per hundredweight, near the lowest since September 2018, amid expectations of global oversupply.

Prices plunged over 30% so far this year, weighed by abundant harvests in major Asian exporters, particularly India.

The latest government data showed India's rice inventories climbed nearly 12% year-on-year to a record high of 57.57 million metric tons for early December, far exceeding the government's target of 7.61 million tons.

India, which accounts for about 40% of global rice exports, recorded a 37% increase in rice shipments during the first ten months of 2025.

The Rice Exporters Association expects exports to rise by nearly 25% to a record 22.5 million tons this year.

Meanwhile, the FAO’s latest Cereal Supply and Demand Brief projects global rice production for 2025–26 at a record 558.8 million tonnes, up 1.6% from 2024/25, led by growth in Bangladesh, Brazil, China, India, and Indonesia.



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