India Rice export prices continue decline on weak demand
Commodity Online | May 17 2019
UPDATED 10:17:16 IST

Govt increases Oil, Gas bidding round to three times a year

India's LNG imports rise 4.6% in June

India notifies imports of 30k tonne Crude Soya Oil from Paraguay

USDA cuts global Oilseeds supplies for MY 2019-20

OPEC cuts Crude Oil production by 8.2% in July

Rice export prices in top exporter India declined this week to their lowest in nearly seven months as demand continued to stagnate.

India's 5 percent broken parboiled variety was quoted around $362-$365 a tonne this week, down from last week's $371-$374 for a sixth weekly decline, Reuters reported.

Weak demand from the West African market, Aggressive selling of old inventories by China to African buyers and depreciation in the rupee are weighing on prices, export sources said.


Commodity Arrivals Rate
Mustard Oil 7 9800.00
Coconut Oil 0.1 19100.00
Arecanut 1.43 18700.00
Sugar 499 3402.00