India’s Rice export quotes rise on strong demand

India’s Rice export quotes rise on strong demand

by admin- Friday, August 30th, 2019 09:12:58 PM

Prices of Indian export rice rose this week on good export call for and issues over manufacturing of the summer time-sown crop due to erratic rainfall.

Top exporter India’s 5% broken parboiled variety become quoted at $374-$378 a tonne this week, up slightly from $372-$375 per week in the past, Reuters stated.

India acquired 14% less rainfall than the 50-year average inside the week to Aug. 28, facts from the India Meteorological Department (IMD) showed.

News Updates