Ups and downs in the world rice market

International rice prices have risen substantially. Over the past year, the main factors driving world market prices have been El Niño and the export restrictions from India, the world’s largest rice exporter. Since January 2024, however, prices have declined as El Niño conditions have ended. Fertil...

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Bibliographic Details
Main Authors: Pede, Valerien, Dawe, David
Format:
Language:Inglés
Published: International Rice Research Institute 2024
Subjects:
Online Access:https://hdl.handle.net/10568/169849
Description
Summary:International rice prices have risen substantially. Over the past year, the main factors driving world market prices have been El Niño and the export restrictions from India, the world’s largest rice exporter. Since January 2024, however, prices have declined as El Niño conditions have ended. Fertilizer prices have declined substantially from their peaks in mid-2022 and have stabilized over the past year. These factors give grounds for optimism that international rice prices will stabilize or decline further in the near future.