Indian rice export prices extend gains to a one-year high
Indian rice export prices extended gains this week, reaching a one-year high. The rise was supported by tighter supplies and production concerns for the summer-sown crop amid below-normal rainfall, with crop production estimates being revised lower.
Indian rice export prices rose further this week, reaching a one-year high as supplies tightened and concerns grew over the summer-sown crop after below-normal rainfall. Crop production estimates are being revised lower as the rainfall deficit increases, which is…