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Rice export prices across West Africa recorded a mild correction in early April 2026, as buyers adopted a more cautious approach following recent price highs. The market remained largely anchored by Benin, which dominated regional trade activity between March 30 and April 3, supported by a broad mix of rice grades and steady demand. Benin leads market momentum Benin continued to drive regional trade, with strong volumes across both premium and standard rice categories. Prices ranged between XOF 7,600 and XOF 17,500 per bag, while FOB values held between $533 and $613 per tonne. However, a slight softening emerged after April 1, reflecting growing resistance from buyers at elevated price levels. Gradual shift in demand A key development in the market is the increasing presence of Indian parboiled rice, pointing to evolving buyer preferences and greater diversification in supply. While demand remains stable, importers are becoming more price-sensitive. Thin activity beyond key hubs ...