ASIA RICE — Indian prices hit more than one — year high; Vietnam rates rise

Thai prices hit one-month high as flooding delays shipments Indian rice export prices hit a more than one-year high Bangladesh rice prices rise on higher fuel costs Vietnam rates highest since August 21 By Anushree Mukherjee Oct 15 (Reuters) — Asian rice export prices in key hubs remained firm this week, with Indian rates hitting a more than one-year high on stronger rupee and crop supply concerns, while Vietnamese prices rose to a near two-month high on expectations of stronger demand. India's 5% broken parboiled variety was quoted at $384-$389 per ton this week, up from last week's $378-$384. Indian 5% broken white rice was priced at $385 to $390 per ton. "Paddy prices remain firm in the domestic market due to limited supplies. Production has declined in several states because of below-normal rainfall," said a Mumbai-based exporter. Vietnam's 5% broken rice was offered at $440-$450 per metric ton on Thursday, its highest level since August 21, up from $420-$430 a week ago. "We are told that the Philippines will resume rice purchases from Vietnam from November," a trader based in Ho Chi Minh City said. A Vietnamese agriculture ministry official said this week that rice export acti