I use plain, unscented craft Styrofoam. I found pre-made rings of various sizes at our craft store. works great!
I first tried the tubing idea...Once I siliconed the ends together, let it dry, and got it in the water, I discovered minuscule curves in the tube, so parts of the circle dipped under or over the water and didn't hold the duckweed in. The weight of the tubing itself will hold it slightly under the water, it's the curves that mess it up. So, from my experience with it, I wouldn't recommend it.
I actually wanted to use your idea with the embroidery ring, but found Styrofoam rings first. I think either one would be effective!
