Due to strong African demand and new crop yields, India’s parboiled rice prices remained steady this week. Vietnamese rates decreased due to strong supplies, while Thai rates increased due to baht appreciation. Top exporter India’s 5% broken parboiled variety was quoted at $444-$450 per metric ton, while Indian 5% broken white rice was quoted at…
Due to weak African demand, rice export prices in India dropped for a second consecutive week, while prices in Vietnam marginally improved as a result of Indonesia’s enhanced offer for supplies. Four industry officials told Reuters earlier this week that Indian traders are signing a small number of new contracts for the sale of parboiled…
As an exception due to the ban on shipping of this variety of rice on September 8, 2022, the government has authorized the export of 3.5 lakh tonnes (lt) of broken rice to Senegal and Gambia. The Ministry has also approved the delivery of 9,990 tonnes of broken rice to Djibouti, Ethiopia. Ruby Overseas of…
