India’s Rice export prices stable amid modest demand

India’s Rice export prices stable amid modest demand

by admin- Friday, July 19th, 2019 05:47:40 PM

Rice export charges from India were by and large stable at some point of the week, amid worries scant rainfall could harm crops and modest call for from customers in Africa.

Prices for the 5% broken parboiled range from pinnacle exporter India had been unchanged round $374-$377 in keeping with tonne, Reuters said.

India’s monsoon rains have been 20% below average in the week finishing on Wednesday, the weather office stated, as summer time showers became patchy over the primary, western and southern elements of the country, raising issues over the development of crop plantings.

Overall, India has received 16% below average rain for the reason that monsoon season began on June 1.

News Updates