The study analyzed rice prices in six major exporting markets from 1966 to 2017 to see how connected they are. While some markets are closely linked, the law of one price doesn't hold in all of them. Pakistan and China play important roles in price formation, with China's market affecting all others. International trade helps stabilize prices in some markets. To create a more unified global rice market, better connections and infrastructure are needed for efficient price adjustments and commodity management.