Hanoi, April 6 -- Prices of rice shipped from Thailand declined to an over three-year low this week due to US President Donald Trump's move to impose import tariffs and an existing market surplus.

Meanwhile, India's rice export prices neared a two-year low on subdued demand. The US announced to impose a flat 26% tariff on all goods being exported by India to the US, a 36% tariff on goods from Thailand, and 37% on Bangladeshi products.

Thailand's 5% broken rice fell to 395-400 USD per tonne, its lowest since January 2022.

Meanwhile, India's 5% broken parboiled variety was quoted at 392-400 USD per tonne and fell to its lowest level in nearly 22 months on subdued demand from African buyers amid ample supplies. Indian 5% broken white rice...