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The Economic Times
The Economic Times
Business

Asia Rice: India rates climb to 1-year highs on African demand, poor monsoon rains

Indian rice export prices climbed further this week to their highest level in a year on improved demand from African buyers and concerns over the new-season harvest ‌due to below-normal monsoon ⁠rainfall.

India's 5% ⁠broken parboiled variety was quoted at $364-$369 per ton this week, up from last week's $362-$368. Indian 5% broken ​white rice was priced at $360 to $365 per ton.

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