Senegal import pause pressures Indian 100% broken rice: Platts

India’s 100% broken white rice prices are under pressure following Senegal’s decision to halt rice import declarations for one month, according to the latest update from Platts, part of S&P Global Commodity Insights. Platts assessed Indian 100% broken at US$298/MT on Nov. 20, down US$6 /MT month on month, as shipments destined for Dakar face potential diversion to other markets amid the suspension. Senegal, which imports approximately 1.65 million mt of milled rice annually to cover about 70% of its domestic demand, paused imports to reduce local oversupply. Stocks have climbed from three months to six months of cover, leaving domestic farmers struggling to sell their crops. “Senegal used to hold a three-month stock but now has a six-month stock due to imported rice,” a Dakar-based trader told Platts. India’s exports to Senegal had risen to 230,194.76 MT in the first five months of FY2025, up 25% year on year. The Ministry of Commerce and Industry in Senegal has set an ex-factory ...