Global Rice prices could increase further as China, the world's largest rice producer, faces heavy rain and flood risks. Flood alert levels have been raised in three provinces that account for 23% of China's rice output. Typhoon Doksuri and Typhoon Khanun have caused extensive damage to grain production areas, leading to reduced crop yields. This could result in higher domestic grain prices in China and increased imports of rice. Furthermore, non-basmati white rice exports were banned in India, and Thailand has urged farmers to plant less rice due to low rainfall, both factors contributing to higher rice prices globally.

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