India Rice export prices rise on robust Rupee

India Rice export prices rise on robust Rupee

by admin- Friday, July 12th, 2019 07:21:30 PM

Rice export charges in India prolonged profits this week helped via a stronger rupee.

India’s export prices of the five percent broken parboiled range had been quoted around $374-$377 in step with tonne this week, up from last week’s $371-$374, Reuters pronounced.

The Indian rupee on Thursday rose to its highest stage in eleven-months, trimming exporters returns from foreign places sales.

The Indian government has additionally raised the price at which it will purchase new-season common rice sorts from nearby farmers with the aid of 3.7%.

News Updates