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The Economic Times
The Economic Times
Business

Asia Rice: Higher reserve price makes Indian rice exports costlier; Bangladesh rates firm

Bangladesh India Philippines Vietnam Flood Thailand

India's rice export prices extended gains this week amid increased reserve price and supply concerns driven by slow planting due to dryer weather, while Bangladesh rice prices stayed firm as flood fears outweighed ample stockpiles.

India's 5% broken parboiled variety was quoted at $348-$352 per ton this week, up from last week's $340-$345. Indian 5% broken white rice was priced at $350 to $357 per ton.

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