Friday 17 November 2017

India Rice Prices Rise On Improved Demand, Fresh Supply Caps Gains

Rice prices in India climbed this week, buoyed by improved overseas demand, but rising supplies from a new season crop capped gains for the staple grain in the world's top exporter. India's 5 percent broken parboiled rice prices rose by $2 per tonne to $399 to $402 per tonne. In Thailand, benchmark 5-percent broken rice was quoted at $380-$387 a tonne, free-on-board (FOB) Bangkok, compared with $375-$387 last week.

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