Indian rice export prices hit 1-year high on production concerns
Indian rice export prices rose to their highest level in over a year as concerns grew about production tied to below-average rainfall; Thai rates eased and Vietnamese rates were unchanged.
Indian rice export prices rose to their highest in more than a year as production concerns grew after below-average rainfall. Thai rates eased, while Vietnamese prices were unchanged. India's 5% broken parboiled variety (RI-INBKN5-P1) was quoted at $375-$381 per tonne.