India's Rice export prices hit four-month peak
Rice export prices in India rose for a second straight week to the highest in four months on higher procurement costs for paddy.
India’s 5 percent broken parboiled variety was quoted around $378-$384 per tonne this week, up from last week’s $375-$382.
In Thailand, benchmark 5-percent broken rice prices eased to $380-$390 per tonne, free on board Bangkok, from $390-$391 last week, due to the lack of fresh demand in the market, which is expected to remain quiet until after the new year period, traders said.
In Vietnam, rates for 5 percent broken rice were unchanged at $385 a tonne.
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