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India rice prices: India plays catch-up as Vietnam rates rally to highest since 2008 - Vimarsana News

India rice prices: India plays catch-up as Vietnam rates rally to highest since 2008

Prices of parboiled rice from leading exporters, including Vietnam and India, rose due to limited supplies. Vietnamese 5% broken rice reached its highest level since July 2008, at $660 to $665 per metric ton. India's 5% broken parboiled variety saw prices at $505 to $512 per metric ton, the highest in two months.

rice: India's export curbs stall trade; prices in other hubs decline - Vimarsana News

rice: India's export curbs stall trade; prices in other hubs decline

Rice export rates in Vietnam and Thailand have declined while India's restrictions on parboiled rice exports have halted activity. India's 5% broken rice remained at a static rate of $525-$535 per metric ton, near a record high. Vietnam's 5% broken rice was offered at $610-$620 per metric ton, a decrease from the previous week. Thailand's 5% broken rice prices dropped to $605 per metric ton due to a depreciating baht. Domestic rice prices in Bangladesh remained high despite good yield and record reserves.