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Live News EQUITY ARTICLE M impact

Indian rice export prices hit highest level in a year

Indian rice export prices extended gains to a one-year high this week, driven by below-normal rainfall raising concerns over production and tightening supplies. Vietnamese and Thai rates also rose.

By Dharna BafnaIndian rice export prices this week extended their gains to the highest level in a year, as below-normal rainfall raised concerns over production amid tightening supplies, while Vietnamese and Thai rates also rose."Crop prospects are deteriorating every week.

The southern states nee…