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Indias record rice crop is set to deepen slide in global prices

India's record rice harvest is flooding the global market, pressuring prices as demand weakens and key buyers impose stricter import rules. Farmers may face significant rate cuts to compete with rivals like Thailand and Vietnam. Analysts predict a potential drop of $15 to $25 per ton by spring due to a lack of immediate African and Middle Eastern interest.

10 Jan 2026 1:10 pm