FX & Commodity Almanac

Grains & softs · World Bank monthly average

What is the Rice (Thai 5% broken) price and how has it changed?

Rice (Thai 5% broken) averaged 482.0 US dollars per metric ton in September 2026, according to the World Bank Pink Sheet. That is 2.3% above Aug 2026 and 28.9% above Sept 2025, and in the middle half of all monthly averages since January 2000.

Sept 2026 average
482.0$/mt · US dollars per metric ton
Month on month
▲ +2.3%from 471.0 in Aug 2026
Year on year
▲ +28.9%from 374.0 in Sept 2025
12-month range
356.0–494.0low Oct 2025 · high Jun 2026

The last five years

Rice (Thai 5% broken), monthly average price, last five yearsRice (Thai 5% broken) from 400.0 $/mt in Sept 2021 to 482.0 in Sept 2026; five-year high 660.0 (Jan 2024), low 356.0 (Oct 2025). 350400450500550600650700 20222023202420252026
Monthly averages, Sept 2021 – Sept 2026, $/mt. Yellow dot: latest month.

What the record shows

  1. Over five years the price ranged from 356.0 (Oct 2025) to 660.0 (Jan 2024). Sept 2026 sits 41% of the way from that low to the high.
  2. Since January 2000 the record high is 907.0 (Apr 2008) and the low 163.8 (Apr 2001). The latest month is higher than 70% of the 321 monthly averages in that span, in nominal dollars (not adjusted for inflation).
  3. The highest full-year average since 2000 was 2008 (650.2); the lowest was 2001 (172.8).
  4. Annualised volatility of monthly changes over the past five years was 19.5%, close to the 18.9% for the whole record since 2000. Monthly averages smooth out intra-month swings, so daily markets move more than this.
  5. Five years earlier, in Sept 2021, the average was 400.0: the price is 20.5% above that level.

Yearly averages

Rice (Thai 5% broken) yearly average, change, high month and low month
YearAveragevs prior yearHighest monthLowest month
2026 9 mo. 439.4 ▲ +7.8% 494.0 Jun 381.0 Mar
2025 407.8 ▼ −30.7% 478.0 Jan 356.0 Oct
2024 588.4 ▲ +6.3% 660.0 Jan 511.0 Nov
2023 553.7 ▲ +26.8% 644.0 Dec 476.0 Mar
2022 436.8 ▼ −4.7% 467.0 Dec 418.0 Jul
2021 458.3 ▼ −7.8% 557.0 Feb 400.0 Sep
2020 496.8 ▲ +18.8% 564.0 Apr 450.0 Feb
2019 418.0 ▼ −0.6% 432.0 Dec 406.0 Mar
2018 420.7 ▲ +5.5% 451.0 Apr 398.0 Jul
2017 398.9 ▲ +0.7% 458.0 Jun 367.0 Feb
2016 396.2 ▲ +2.6% 442.0 Jul 365.0 Nov
2015 386.0 ▼ −8.7% 420.0 Jan 357.0 Sep
2014 422.8 ▼ −16.4% 459.0 Feb 388.0 May
2013 505.9 ▼ −10.1% 564.2 Jan 438.0 Nov
2012 563.0 ▲ +3.7% 600.5 May 537.5 Feb
2011 543.1 ▲ +11.1% 615.3 Nov 481.4 May
2010 488.9 ▼ −11.9% 568.8 Jan 440.0 Jun
2009 555.0 ▼ −14.6% 591.0 Dec 493.0 Oct
2008 650.2 ▲ +99.2% 907.0 Apr 375.6 Jan
2007 326.4 ▲ +7.1% 360.7 Dec 313.0 Jan
2006 304.9 ▲ +6.5% 315.4 Jul 291.3 Jan

Average = simple mean of the monthly averages published for that year. Rows in italics are incomplete years. Table shows 2006 onward; the charts and statistics use the full record from Jan 2000.

Since January 2000

Rice (Thai 5% broken), monthly average price since January 2000Rice (Thai 5% broken) monthly averages from Jan 2000 to Sept 2026; highest 907.0 $/mt in Apr 2008, lowest 163.8 in Apr 2001. 1002003004005006007008009001,000 200020032006200920122015201820212024
Monthly averages, nominal US dollars ($/mt).

Largest one-month moves since 2000

MonthFromToMove
Apr 2008594.0907.0▲ +52.7%
Mar 2008464.8594.0▲ +27.8%
Feb 2008375.6464.8▲ +23.7%
Aug 2023547.0635.0▲ +16.1%
Jun 2008901.8757.0▼ −16.1%

What exactly is being priced?

Rice (Thailand), 5% broken, white rice, milled, export price, f.o.b. Bangkok. The World Bank publishes the series as a monthly average in US dollars per metric ton ($/mt). Benchmark definitions occasionally change, as noted above, so very long comparisons mix slightly different contracts. See commodity price units explained for converting units.

Sources