Indian rice export prices rise to 1-year high
India’s 5% broken parboiled rice export quotes climbed to the highest level in over a year as production concerns grew amid below-average rainfall; Thai rates edged lower and Vietnamese rates were unchanged.
Indian rice export prices climbed to their highest level in over a year as concerns over production mounted due to below-average rainfall, while Thai rates edged lower and Vietnamese rates remained unchanged. India's 5% broken parboiled variety (RI-INBKN5-P1) was quoted at $375-$381 per metric ton, up from the previous week.