- Indian parboiled and double polish soften; white rice steady
- Regional markets largely stable with limited volatility
West African rice markets remained steady-to-soft between 9 and 11 February, with price discovery largely centred in Benin while other key destinations showed limited movement. Demand remained functional across parboiled and white rice segments, though buyers continued to react quickly to minor price adjustments amid comfortable supply.
Country-wise highlights
Benin: Prices showed a mild downward bias across key varieties between 9 and 11 February. Indian parboiled declined from around $540/t to nearly $531/t amid softer quotations for major brands, reflecting cautious distributor buying and adequate supply. Double polish also corrected from about $614/t to $603/t as premium demand remained price-sensitive. White rice, however, stayed largely range-bound at $558-562/t, supported by steady retail offtake and balanced inventory levels.
Niger (Maradi): The market remained broadly stable across varieties. Indian parboiled held near $540/t before easing marginally to about $536/t, while white rice stayed firm around $578/t and double polish at approximately $655/t, indicating steady consumption and limited supply disruption.
Togo and Burkina Faso: Price action was minimal. Indian parboiled in Togo remained stable near $479/t, while Burkina Faso bulk trades held around $576/t (PMT basis). Across these markets, Indian parboiled, white rice and double polish segments reflected steady trade flows with no immediate volatility, reinforcing a stable-to-soft regional pricing environment.
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