Asia rice: Rupee plunge pulls Indian rice rates to 17-month low – Markets

Indian rice export prices extended declines to a 17-month low this week on depreciation in rupee to a record low, and demand remained muted in key hubs during the holiday period.

Top exporter India’s 5% broken parboiled variety was quoted at $439-$445 per ton this week, down from the last week’s $440-$446. While, Indian 5% broken white rice was quoted $446-$453 per ton.

“This week,…

Continue Reading


News Source: www.brecorder.com


Posted

in

by

Tags:

Comments

Leave a Reply